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If Apple's stock falls to a P/E ratio of 30, the stock price would need to decline by nearly 30%. A P/E ratio of 25 (around the S&P 500's valuation) would imply a fall of more than 40%.
Shares of Apple (NASDAQ: AAPL) have delivered returns of 33% in 2024 as of this Dec. 30. Many investors have turned bullish about Apple's prospects after seeing those results, which revealed ...
Let's explore where Apple stock might be by this time next year. Indeed, Apple's 269% return in just the past five years has more than tripled the S&P 500 index's 82% gain over the same period.
After several quarters of slow growth, Apple (NASDAQ: AAPL) is accelerating the top line as new iPhones launch. *Stock prices used were the afternoon prices of Nov. 2, 2024. The video was ...
Apple (NASDAQ: AAPL) stock is trading up roughly 26% so far in 2024 (as of this writing), closely matching the 26.8% gains clocked by the S&P 500 index. Given this above-average (nearly) one-year ...
Despite ho-hum top- and bottom-line numbers, AAPL stock surged 4 percent in after-hours trading following the announcement, as capital returns and guidance came into focus. Apple announced an ...
Apple is poised to become the first company to have a market capitalization of more than $4 trillion. Its valuation stood at $3.92 trillion before the opening bell on December 27.
Stocks edged further into record territory Monday, but Apple stole some of the spotlight while going in the other direction. The The Dow Jones industrial average (^DJI) rose 25 points, adding to ...