AppleAAPL
About: Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
Employees: 164,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 135
15% more call options, than puts
Call options by funds: $65B | Put options by funds: $56.6B
6% more capital invested
Capital invested by funds: $2.08T [Q2] → $2.21T (+$133B) [Q3]
0% less funds holding in top 10
Funds holding in top 10: 2,964 [Q2] → 2,958 (-6) [Q3]
1% less funds holding
Funds holding: 5,015 [Q2] → 4,977 (-38) [Q3]
1.98% less ownership
Funds ownership: 63.54% [Q2] → 61.56% (-1.98%) [Q3]
25% less repeat investments, than reductions
Existing positions increased: 1,938 | Existing positions reduced: 2,573
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
MoffettNathanson Craig Moffett 50% 1-year accuracy 1 / 2 met price target | 19%downside $188 | Sell Downgraded | 7 Jan 2025 |
Bernstein Toni Sacconaghi 30% 1-year accuracy 3 / 10 met price target | 12%upside $260 | Outperform Maintained | 3 Jan 2025 |
B of A Securities Wamsi Mohan 78% 1-year accuracy 60 / 77 met price target | 11%upside $256 | Buy Maintained | 3 Jan 2025 |
Wedbush Daniel Ives 73% 1-year accuracy 99 / 135 met price target | 40%upside $325 | Outperform Maintained | 26 Dec 2024 |
Morgan Stanley Erik Woodring 48% 1-year accuracy 13 / 27 met price target | 18%upside $273 | Overweight Reiterated | 13 Dec 2024 |
Financial journalist opinion
Based on 283 articles about AAPL published over the past 30 days
