At today’s EV/EBITDA multiple of 22.3x, and assuming a net cash position of zero (see more on this below), Apple’s market cap should be $4.4 trillion by 2028.

Apple has faced some challenges in 2023. Despite a 56% surge in the company's stock year-to-date, net revenue dipped by around 2.8%, attributed to a slowdown in overall product sales.

Apple Inc. analysts have grown more positive on the company’s prospects, pointing to the upcoming launch of a 5G version of the iPhone, as well as continued growth in its services business.

Apple’s Prospects Morningstar analysts still see Apple stock as fairly valued after spending much of 2023 in overvalued territory. The stock is trading in the $170 range, compared with ...

Apple's (NASDAQ: AAPL) new line of iPhones will receive enhancements via software updates that incorporate more artificial intelligence. Read More: Earn up to $845 cash back this year just by ...

As of 3/22/2023, Apple insiders have sold over $40 million in shares of stock as seen below. Yahoo Finance Additionally, the members who are selling are key members of the management team such as ...

Apple may consider a price cut for next year's iPhone 15 and the larger iPhone 15 Plus due to lower demand for the iPhone 14. Read more on AAPL stock here.

So, let's examine whether Apple or Microsoft is the better growth stock. Apple Apple has long had a reputation as a reliable growth stock, with its annual revenue and operating income up 48% and ...

Shares of Apple and Alphabet have risen marginally so far in 2023. However, their long-term prospects make them stellar buys. Meanwhile, shares of Netflix and Amazon have seen more impressive ...

Apple Stock: Apple shares have risen about 47.6% so far this year, outperforming the Nasdaq 100’s 40.4% gain. The S&P 500 Index, meanwhile, has gained a more modest 17.3%.

Apple's (NASDAQ: AAPL) new ... Apple Stock Investors Are Excited About Its Prospects Following New Product Releases November 11, 2024 — 09:45 am EST.