Companies /Technology

Apple Inc.

NASDAQ: AAPL Consumer Electronics
$356.27
▲ $1.39 (+0.39%) today
Markets closed · 12:05pm ET

24/7 Wall St. View

AAPL at a Glance

Valuation
Market cap
$5.18T
P/E ratio
39.5
Dividend yield
0.30%
Profitability
Revenue (TTM)
$478.8B
Profit margin
27.6%
EPS (TTM)
$9.02
Price
52-week range
$243 – $361
24/7 target
$408.91
Street target
$344.62
Earnings
Next report
Jan 27, 2027
Q4 2026 EPS
$2.10
vs. $1.98 est.
+6.2%

Headquartered in Cupertino, CA Fiscal year ends September NASDAQ: AAPL apple.com

About Apple

Apple Inc. designs, manufactures and sells consumer hardware, software and services. Its product categories are:
- iPhone, the largest category, which includes the newly launched iPhone Duo, iPhone 18 Pro and iPhone 18 Pro Max.
- Mac, which now offers Touch for the first time.
- iPad.
- Wearables, Home and Accessories, including AirPods, Apple Watch, Apple Vision Pro and a newly introduced generation of home hardware.

Apple's six software platforms are iOS, iPadOS, macOS, watchOS, visionOS and tvOS. Its Services business includes the App Store, Apple Music, Apple Pay, iCloud and Apple TV, and it recently introduced an all-new Siri AI assistant. Services is a growing, higher-margin revenue stream driven by a large and expanding installed base of active devices.

Apple reports geographic segments for the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. It relies on third parties for components, manufacturing, compute and content. The company returns substantial capital to shareholders through share repurchases and quarterly dividends, and employs more than 150,000 people. Updated

Revenue by Segment · Q4 2026
  1. iPhone50%
  2. Services28%
  3. Mac9%
  4. Wearables, Home and Accessories7%
  5. iPad5%

Latest Activity

Jensen Huang is Out at Nvidia & Bitcoin is Crashing?! | Jordi Visser

  • Visser: analysts slashed Nvidia price targets after Huang's exit but left earnings forecasts untouched
  • He points to the China-US chip fight, not just scandal, as the likely driver of the ouster
  • Bitcoin's drop to $69K tied to the largest weekly rise in 2-year yields since 2022
  • Strategy's index removal and tokenization discussed alongside AI-crypto convergence

The tell for Nvidia holders is the gap Visser flags: Wall Street cut targets without touching numbers, so the discount reflects leadership risk rather than demand. He frames the semiconductor deleveraging that preceded the news as the real move, with next week's earnings report the clearing event, and attributes Bitcoin's slide to rates rather than crypto-specific damage.

FAA Ground Stop, Anthropic IPO and What to Expect From Nvidia and Nike Next Week

  • Nationwide FAA ground stop hit airlines after hours while cybersecurity names caught bids
  • Traders split on Anthropic's IPO: 17x sales versus SpaceX's 100x, with commoditization risk flagged
  • Peter Boockvar sees peak AI capex by 2027, rotating toward staples like Kimberly-Clark
  • Nike investor day preview with the stock at 13-year lows; desk picked Deere and J&J over Apple at 40x

The defensive rotation argument got concrete here: if AI capex peaks in 2027, the picks-and-shovels trade loses its bid first and staples absorb the flows. The desk's valuation game landed the same way, favoring Deere, Coca-Cola and Johnson & Johnson over richly priced tech, and few on the panel believe Nike's new CEO reverses share losses at next week's investor day.

NVIDIA Fallout, Chip Volatility and the Case for 60/40

  • Panel split on Nvidia after Huang's resignation: bulls cite a forward multiple near 10 and 300 billion in free cash flow
  • Kevin Simpson sold half his Nvidia at a 20% loss on price-action rules, buying at $200 and exiting in the $160s
  • Nvidia board reportedly approached Arm CEO Rene Haas as successor; Arista flagged as clearest chip beneficiary
  • Retail earnings week ahead for Home Depot, Walmart, Costco, TJX and AutoZone, with weak consumer sentiment a drag

The committee can't agree on what a leaderless Nvidia is worth: one member mechanically dumped half his stake at a 20% loss while another is putting new client money in at these levels. With earnings next week, the next report settles the argument.

Nvidia Fallout, AI Financing Risk and Apple’s Safe-Haven Surge

  • Jensen Huang's exit leaves Nvidia down nearly a third from its $6 trillion peak, with the vendor-financing web in question
  • DA Davidson's Gil Lauria keeps a Buy but cuts his target to $200, preferring AMD, Broadcom and Micron near term
  • 10-year yields above 5.1% make neocloud financing costlier; NScale's S1 shows $5.5B of debt
  • Apple at 39x forward earnings framed as a Costco- or Walmart-style safe haven

Capital is rotating within the AI trade, moving from the Nvidia complex toward AMD and Micron, while Apple gets priced like a staple on 90% iPhone loyalty and almost no AI capex. The pressure point is funding costs, with debt-heavy neocloud borrowers the first to feel a higher 10-year yield.

AI Economy Roiled by Nvidia CEO Huang’s Departure

  • Emily Chang's four-day European shoot turned out to be Huang's final major interview as CEO
  • Ed Ludlow: Huang keeps no future association with Nvidia; DOJ espionage probe and a second employee relationship reported
  • Founders100 ETF CIO says the fund must sell its Nvidia stake, its third-largest at over 6%, within 90 days
  • CFO Colette Kress steps in as interim; outside search underway, with Tim Cook floated per Trump administration signals

Founder-led index rules are now a mechanical seller of Nvidia: one ETF has 90 days to exit a position that was over 6% of the fund. The succession picture is unsettled, with a career CFO holding the seat on an interim basis and the shortlist reaching as far as Apple's chief executive.

NVIDIA Leadership Shakeup, AI Trade Fallout and OpenAI Valuation 11/12/26

  • Huang resigns after a second alleged affair report; CFO Colette Kress named interim CEO with earnings a week away
  • Stephanie Link sold her Nvidia stake and added Micron at five times earnings, citing a cleaner story
  • Panel points to AMD, Broadcom, Apple and Alphabet as landing spots for capital leaving Nvidia
  • OpenAI raised $15 billion at a $1.25 trillion pre-money valuation on negative 109% operating margins

The committee split live on air: some sold into the leadership shock, others held, but nobody argued Nvidia trades on fundamentals over the next six to 12 months. That rotation is already visible in heavy retail call buying in AMD near record highs, and in Link swapping into Micron ahead of a December earnings report she thinks brings a buyback.

Biggest dividend payouts · Nov 12
AAPLApple
$3.9B$0.27 per share
  • 2FANGDiamondback Energy$1.18/sh$329M
  • 3EXEExpand Energy$0.58/sh$133M
  • 4SBACSBA Communications$1.25/sh$131M
  • 5SFDSmithfield Foods$0.31/sh$123M

Apple is sending shareholders about $3.9 billion in cash, at 27 cents a share, with the money arriving November 16. Diamondback Energy is next at roughly $329 million, followed by Expand Energy, SBA Communications and Smithfield Foods.

Instant Reaction: Nvidia CEO Jensen Huang Ousted by Nvidia Board

  • CFO Colette Kress named interim chief, with Bloomberg Intelligence expecting her to hold the job one to two quarters
  • Mandeep Singh: no successor easily replicates Huang's ecosystem deal-making or TSMC and supply chain ties
  • CUDA creator Ian Buck floated as the leading internal candidate given Nvidia's six-month chip cadence
  • Anurag Rana ranks the AI chip race Nvidia first, then Google, Amazon, Microsoft, with the gap now easier to close

The succession question is no longer hypothetical, and the analyst read is that an interim CFO running the company buys hyperscalers time to push their own silicon. If you own Nvidia for its ecosystem lock-in, a leadership vacuum is now testing that moat. The Tim Cook comparison came up, and nobody on the panel treated it as settled.

Nvidia Shares Sink on New Allegations Against CEO Jensen Huang

  • CoreWeave's beat, raised guidance and canceled 10b5-1 plan sparked a semi rally, with chip ETFs up over 15% off last week's low
  • Reports of a second Huang affair and a board meeting to replace him sent shares down 8-9% after hours; Kalshi odds hit 70-87%
  • Dan Ives calls an ouster a clearing event worth $225; Dan Niles sees 99% odds Huang is out and ~145 as support
  • Gene Munster expects a gap down then recovery and disputes that AMD takes meaningful share; Apple closed at a record

The debate has moved past whether Huang stays to what Nvidia is worth without him, and the panel's range is wide: a $225 target against a 145 support test. Traders expect the real clearing to come with next Tuesday's earnings report rather than the board meeting.

Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO

  • Anthropic's deal: up to $90.4B raised, $70-$78 range, Nvidia in for a $10B private placement
  • Retail expected to take 15-20% of the deal; Dario Amodei and Jamie Dimon to headline an IPO livestream
  • Deutsche Bank's Matt Luzzetti now sees three more 25bp Fed hikes after hot CPI
  • WEX CEO: fuel prices up 43% year over year, AI-driven fraud attempts up 12x since 2022

Nvidia is writing a $10 billion check into the first frontier AI lab to go public while its own board hires outside counsel for a probe, and JPMorgan is fronting the roadshow stage. Deutsche Bank is now calling for hikes in December, January and March, which is the opposite of what this IPO's pricing assumes.

AAPL Coverage

7:42am ET
Investing

Trump Wants Apple’s Tim Cook to Run Nvidia

Jensen Huang is out, the president has already named his pick, and the board that actually decides hasn't said a word. With earnings days away, Nvidia faces a succession fight that could…

Omor Ibne Ehsan
8:38am ET
Investing

Tim Cook, Former Apple CEO, Should Run Nvidia

Jensen Huang, CEO of Nvidia (NASDAQ: NVDA | NVDA Price Prediction), will be gone very soon. One more accusation of any ties, even if Huang acted by mistake, to the Chinese acquisition…

Douglas A. McIntyre

Frequently Asked Questions

What does Apple do?

Apple Inc. designs, manufactures and sells consumer hardware, software and services.

What is the AAPL stock price target?

24/7 Wall St.'s 12-month price target for AAPL is $408.91, rated Buy. The Wall Street consensus target is $344.62. AAPL price prediction →