Apple’s Strong Financial Performance and Growth Outlook
Apple Inc. (NASDAQ: AAPL) reported a 16% increase in revenue and an 18% rise in diluted earnings per share (EPS) for its fiscal Q1, with analysts projecting EPS growth of 11.5% annually from fiscal 2025 to fiscal 2028. With a market capitalization of $4.1 trillion, Apple remains the second most valuable company globally.
Over the past 20 years, Apple has demonstrated exceptional growth, with its stock soaring 10,650% and achieving a total return of 12,730% including reinvested dividends. Despite a current price-to-earnings (P/E) ratio of 34.9, which suggests fair valuation, analysts continue to express optimism about the company’s ability to maintain growth.
Key products driving Apple’s success include the iPhone, which constitutes 59% of its revenue, along with the MacBook, iPad, Watch, and AirPods. Currently, more than 2.5 billion Apple devices are active worldwide, solidifying its status in the consumer tech market.
