Professional
Added to YB: 2024-06-06
Pitch date: 2024-05-09
AAPL [bullish]
Apple Inc.
+68.36%
current return
Author Info
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Company Info
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Market Cap
$4.5T
Pitch Price
$183.31
Price Target
N/A
Dividend
0.34%
EV/EBITDA
25.09
P/E
37.41
EV/Sales
9.90
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Show full summary:
RiverPark Large Growth Fund Portfolio Holding: Apple Inc.
AAPL: Q1 beat on strong iPhone sales (+6% YoY) & record 45.9% margins despite China slowdown & lawsuits. Services growth accelerating for 3rd straight Q. Q2 guide light on tough comps but lean inventory into iPhone refresh. 2.2B active devices & growing recurring services rev support LT upside in mobile tech.
Read full article (1 min)