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Apple's iPhone 15 Line-Up: Second Most Affordable Yet, Poised To Drive Market-Beating Returns

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Apple's iPhone 15 Line-Up: Second Most Affordable Yet, Poised To Drive Market-Beating Returns
Apple Holds Launch Event For New Products At Its Headquarters

Investment Thesis

Apple (NASDAQ:AAPL), a highly regarded American company, is closely watched by investors and valued at $2.7 trillion. With a brand valued at $297.5 billion, Apple is a dominant player in the S&P 500 index, accounting for over 7% of its weight.

Fiscal Year 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue ($b) 405.9 431.5 457.4 484.8 513.9 544.7 577.4 612.1 648.8
Revenue Growth 5.9% 6.3% 6.0% 6.0% 6.0% 6.0% 6.0% 6.0% 6.0%
EPS 6.6 7.1 7.7 8.2 8.9 9.7 10.5 11.4 12.3
EPS Growth 8.2% 8.4% 7.5% 7.5% 8.5% 8.5% 8.3% 8.3% 8.5%
Forward PE 28 27 26 25 25 25 25 25 25
Stock Price ($) 184 192 199 206 223 242 262 284 308