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Stocks/Information Technology/Technology Hardware, Storage & Peripherals

AppleAAPL

Technology Hardware, Storage & Peripherals · Cupertino, California · In the S&P 500
Solid businessPricier than peers
$344.63−1.23%After hours: $345.10 (+0.14%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 27.8% over 1 year
Apple over 1 yearDaily close, $, to 30 Oct 2026
$250$300Nov2026MarMayJulSep$344.63$250$300NovMarJul$344.63
Source: Nasdaq daily closes
Market value$5.03T
Price to earnings39.7x
Forward P/E37.4x
Dividend yield0.31%
Year to date+26.8%
One year+27.8%
Next earningsMon 2 Nov, after the close
SectorInformation Technology
52-week range (closes)
$246.63$348.91

Quality and valuation

How Apple compares with other information technology stocks. A description, not a recommendation.

Apple and 7 technology hardware, storage & peripherals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

Apple trades at 37.4 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +14.2% vs +20.6%
  • Keeps less of each sale (gross margin): 48.7% vs 61.5%
  • More profitable (operating margin): 33.2% vs 17.0%
  • Turns more of its sales into cash: 29.3% vs 21.7%
AAPL trades at 37.4x forward earnings, above the sector medianForward p/e, Technology Hardware, Storage & Peripherals peers
SNDK5.4xHPE11.9xWDC14.9xDELL15.0xSTX16.0xNTAP20.0xAAPL37.4xP38.9xSector median 22.2xSNDK5.4xHPE11.9xWDC14.9xDELL15.0xSTX16.0xNTAP20.0xAAPL37.4xP38.9xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 39.5x earnings, AAPL is pricier than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x35xAverage 35.6x2025202639.5x30x35xAverage 35.6x2025202639.5x
Source: Nasdaq prices; SEC filings

Financials

From Apple's SEC filings, through the quarter ending 27 Jun 2026. Hover or tap a bar for its value.

Revenue grew 16.4% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$50bn$100bnQ4 ’24Q2 ’25Q4 ’25$109bnQ3 ’26$0bn$50bn$100bnQ4 ’24Q2 ’25Q4 ’25$109bnQ3 ’26
Source: SEC filings
Growth slowed to +16.4% last quarterRevenue growth, year on year, %
0%5%10%15%Q4 ’24Q2 ’25Q4 ’2516.4%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2516.4%Q3 ’26
Source: SEC filings
Operating margin was 32.6% last quarterOperating income as a share of revenue, %
0%10%20%30%Q4 ’24Q2 ’25Q4 ’2532.6%Q3 ’260%20%Q4 ’24Q2 ’25Q4 ’2532.6%Q3 ’26
Source: SEC filings
Free cash flow was $137 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$20bn$40bnQ4 ’24Q2 ’25Q4 ’25$31.9bnQ3 ’26$0bn$20bn$40bnQ4 ’24Q2 ’25Q4 ’25$31.9bnQ3 ’26
Source: SEC filings
Last 12 monthsAAPLSector median
Revenue growth+14.2%+20.6%
Gross margin48.7%61.5%
Operating margin33.2%17.0%
Free cash flow margin29.3%21.7%
Price to earnings39.7x33.1x

Stories on Apple

Thursday, 29 October
Earnings preview

What to Expect From Apple's (AAPL) Q4 Earnings

Apple reports after the close on Monday, 2 November. Analysts expect revenue of about $113 billion, up 10%, in the upper half of Apple's own forecast, with the stock at a record.

AAPL▲ 1.5%
An aisle of servers in a data center
Chart

Apple Leads the Magnificent Seven in 2026 as Alphabet Slides Into the Red

Apple is up 28.3% this year as of Thursday's close. Alphabet's 12.6% drop after its results left it down 9.3%, one of three of the seven now below where they started 2026.

AAPL▲ 1.5%
Screens of market charts

Similar companies

Technology Hardware, Storage & Peripherals, by market value.

CompanyPriceTodayYTDValue
DELLDell Technologies$424.30−10.77%+237.1%$270B
SNDKSandisk$1,150.89−13.47%+384.8%$166B
STXSeagate Technology$644.58−7.98%+134.1%$148B
WDCWestern Digital$366.11−7.41%+112.5%$137B
HPEHewlett Packard Enterprise$55.09−6.42%+129.4%$73.13B
PEverpure$126.98−7.45%+89.5%$42.31B
NTAPNetApp$199.18−8.81%+86.0%$39.12B
HPQHP$28.78−9.58%+29.2%$25.95B