Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. Apple is the world's largest technology company by revenue (totalling $274.5 billion in 2020) and, since January 2021, the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales, and fourth-largest smartphone manufacturer. It is one of the Big Five American information technology companies, along with Amazon, Google, Microsoft, and Facebook.
| Revenue (TTM) | $451.44B |
| Gross Profit (TTM) | $216.07B |
| EBITDA | $159.98B |
| Operating Margin | 32.30% |
| Return on Equity | 141.50% |
| Return on Assets | 26.20% |
| Revenue/Share (TTM) | $30.53 |
| Book Value | $7.26 |
| Price-to-Book | 42.57 |
| Price-to-Sales (TTM) | 10.20 |
| EV/Revenue | 10.08 |
| EV/EBITDA | 28.44 |
| Quarterly Earnings Growth (YoY) | 21.80% |
| Quarterly Revenue Growth (YoY) | 16.60% |
| Shares Outstanding | $14.69B |
| Float | $14.66B |
| % Insiders | 1.63% |
| % Institutions | 65.77% |
Volatility is currently expanding
Apple bucks a 4.9% global PC shipment decline in Q2 as memory chip shortages squeeze production, pricing and AI PC adoption across the industry.
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On Wednesday, July 8, Broadcom (NASDAQ: AVGO) stock received potentially powerful tailwinds when the blue-chip technology giant Apple (NASDAQ: AAPL) announced it would be increasing its spend with the company.
Shares of Luxshare Precision Industry led losses among IPO debutants in Hong Kong on Thursday after raising HK$24.27 billion ($3.10 billion) in the city's biggest listing this year, as investors became more selective amid a fundraising rush and rising volatility.
China's leading electronics manufacturer and key Apple assembly partner commenced trading on the Hong Kong Stock Exchange Thursday. The stock fell 5% during early trading hours.
Broadcom (NASDAQ: AVGO | AVGO Price Prediction) and Apple (NASDAQ: AAPL) both posted strong quarters, but the more interesting story sits in the contract between them.
Apple has a new chip deal that could help the tech giant be less reliant on international suppliers. That deal sent shares of chipmaking giant Broadcom sharply higher on Wednesday.
