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Apple (NASDAQ: AAPL) has done its part to lift the holiday spirits of its shareholders as 2024 comes to an end. At the time of this writing, the stock has surged 30% year to date, continuing the ...
AAPL Revenue Estimates for Current Fiscal Year Chart AAPL Revenue Estimates for Current Fiscal Year data by YCharts. Its top line is expected to jump nearly 6% to $414.4 billion.
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 ...
Against that backdrop, let's dig into the company's fiscal fourth-quarter results to see if the stock is a buy. Record revenue For its fiscal Q4, Apple's revenue rose 6% to $94.93 billion.
Data source: Apple. Chart by author. Let's assume Apple bumps its quarterly dividend to $0.26 in May 2025. This would mean a $0.25 payout in February, followed by $0.26 in May, August, and November.
At writing, AAPL stock goes for 38.5 times trailing price-to-earnings (P/E), or just north of 31 times forward P/E — both of which are hefty by Apple standards.