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Last fiscal year, 25% of the company's sales were derived from services, which include Apple Pay, TV+, iCloud, and ads, among others. Revenue grew 11.9% in Q4, a much faster clip than the 4.1% ...
Long-time shareholders have been pleased with Apple's gains in the past. ... Where Will Apple Stock Be in 5 Years? Neil Patel, The Motley Fool. October 1, 2024 at 10:15 AM.
Based on its fiscal 2023 earnings of $6.13 per share, its bottom line could jump to $10.33 per share in five years. Apple has a five-year average forward earnings multiple of 28, which is a small ...
Apple's stock, selling for about $50 five years ago, closed Monday at $209 after a pullback following the news that Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold about half of its stake in ...
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When Buffett and his team first purchased Apple stock, they saw deep value, as it traded around a price-to-earnings (P/E) ratio of merely 10.6. AAPL PE Ratio Chart AAPL PE Ratio data by YCharts
Apple ended its fiscal year with approximately $157 billion in cash and marketable securities and $107 billion in debt. It bought back $25 billion in stock during the quarter.
Apple (NASDAQ: AAPL) stock has experienced many struggles since its 1980 IPO. After its board fired Steve Jobs in 1985, the company spent years in the wilderness. It suspended its dividend payout ...