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Added to YB: 2024-06-06

Pitch date: 2024-05-09

AAPL [bullish]

Apple Inc.

+42%

current return

Author Info

No bio for this author

Company Info

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Market Cap

$3.9T

Pitch Price

$183.48

Price Target

N/A

Dividend

0.39%

EV/EBITDA

22.36

P/E

33.53

EV/Sales

8.78

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)