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Apple (AAPL)

(Delayed Data from NSDQ)

$195.87 USD

195.87
54,104,331

+1.52 (0.78%)

Updated Jun 5, 2024 04:00 PM ET

After-Market: $195.55 -0.32 (-0.16%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value C Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 25% (187 out of 248)

Industry: Computer - Mini computers

Better trading starts here.

Zacks News

Apple’s business primarily runs around its flagship iPhone. However, the Services portfolio that includes revenues from cloud services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services now became the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helped Apple strengthen its presence in the personal health monitoring space.

Is FlexShares Morningstar U.S. Market Factor Tilt ETF (TILT) a Strong ETF Right Now?

Smart Beta ETF report for TILT

The Zacks Analyst Blog Highlights Apple, XLK, VGT, IYW and MGK

Apple, XLK, VGT, IYW and MGK are included in this Analyst Blog.

Apple, Amazon, Nvidia and Tesla are part of Zacks Earnings Preview

Apple, Amazon, Nvidia and Tesla have been highlighted in this Earnings Preview article.

Shaun Pruitt headshot

Time to Buy Apple's Stock After Record Q2 EPS?

Adding momentum to the market, Apple was able to exceed quarterly expectations for its fiscal second quarter and announced it would be increasing its dividend and stock buybacks.

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Mag 7 Leadership Reflects Earnings Power

Had it not been for the substantial earnings contribution from the Mag 7, Q1 earnings growth for the rest of the S&P 500 index would be in negative territory. Now, we await Nvidia.

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These 3 Companies Shattered Quarterly Records

We've seen many positive quarterly prints so far into the Q1 earnings cycle, including record-breaking numbers from these three companies.

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3 Intriguing Stocks to Buy After Beating Q1 Earnings Expectations

Several top-rated Zacks stocks are standing out after exceeding their first quarter earnings expectations earlier in the week and could certainly move higher.

Apple (AAPL) Q2 Earnings Beat Estimates, Shares Up on Solid View

Apple's (AAPL) second-quarter fiscal 2024 results benefit from strong services growth and expanding gross margin.

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ETFs to Buy on Apple's Q2 Earnings Beat, Largest-Ever Buyback

Apple beat estimates on both earnings and revenues, and unveiled a record share buyback program amid the steep decline in iPhone sales.

Should Vanguard Large-Cap ETF (VV) Be on Your Investing Radar?

Style Box ETF report for VV

Apple (AAPL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Apple (AAPL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Big Quarterly Beats After the Bell: AAPL, SQ, COIN & More

While Apple mildly beat estimates, Block, Coinbase, Booking and Expedia all crushed expectations.

Apple (AAPL) Beats Q2 Earnings and Revenue Estimates

Apple (AAPL) delivered earnings and revenue surprises of 1.32% and 0.85%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Initial Claims Fall Below Expectations

Initial Claims Fall Below Expectations.

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Pre-Markets Up on Thin Jobless Claims, Productivity

Jobless Claims stayed low, Q1 Productivity was light, but Unit Labor Costs jumped high month over month.

Will Modest Top-Line Growth Buoy Disney's (DIS) Q2 Earnings?

Disney's (DIS) fiscal second-quarter results are expected to reflect strength in IP and continued growth in the theme park business globally, offset by a decline in Linear TV revenues.

Zacks Earnings Trends Highlights: Tesla, Apple and Nvidia

Tesla, Apple and Nvidia have been highlighted in this Earnings Trends article.

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A Positive Earnings Picture Remains

We have consistently flagged signs of improvement in the overall revisions trend in recent weeks, with estimates for 2024 Q2 and full-year 2024 moving modestly higher. Can the positivity continue?

Sheraz Mian headshot

A Positive Earnings Picture Remains

We have consistently flagged signs of improvement in the overall revisions trend in recent weeks, with estimates for 2024 Q2 and full-year 2024 moving modestly higher. Can the positivity continue?

Sweta Killa headshot

Will Apple Beat on Q2 Earnings Amid iPhone Slump? ETFs in Focus

The tech giant has a reasonable chance to beat earnings estimates. It saw positive earnings estimate revision activity, which is generally a precursor to an earnings beat. However, Apple has been struggling with concerns about iPhone sales.

Cloudflare (NET) to Report Q1 Earnings: What's in Store?

Cloudflare's (NET) Q1 results are likely to reflect gains from the ongoing shift toward a zero-trust security approach and rising hybrid working trend.

Will Solid Mac Sales & Services Aid Apple's (AAPL) Q2 Earnings?

Apple's (AAPL) second-quarter fiscal 2024 results are expected to reflect an improving PC market and steady growth in Services revenues.

Is a Surprise Coming for Apple (AAPL) This Earnings Season?

Apple (AAPL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is WisdomTree U.S. Quality Dividend Growth ETF (DGRW) a Strong ETF Right Now?

Smart Beta ETF report for DGRW

Should SPDR Portfolio S&P 500 Growth ETF (SPYG) Be on Your Investing Radar?

Style Box ETF report for SPYG