News
Can Apple's Duo hype offset soft iPhone 18 demand?
Preorders for Apple's (AAPL) foldable iPhone Duo sold out within minutes on Friday. Creative Strategies president and principal analyst Carolina Milanesi sits down with Ines Ferré to talk about what the demand for the Duo model means for the iPhone 18 lineup.
9 Dow Jones Stocks Make Bullish Moves In A Defensive Market Rotation
A week that tested the financial markets showed the resilience of Dow Jones stocks. Apple and Coca-Cola were among nine standouts.
iPhone Duo already backordered until 2027 as pre-order sales soar
Consumer demand for Apple's first foldable phone is strong despite the device's hefty $1,999 price tag.
Analysis
Apple holds over $162 billion in cash and marketable securities against $111 billion in total debt. Free cash flow exceeded $110 billion over the last twelve months, comfortably covering all debt obligations and shareholder returns.
Revenue grew 6.1% year-over-year to $391 billion, driven by Services revenue hitting record highs. iPhone revenue remained stable while Mac and iPad saw double-digit growth in the latest quarter.
At a P/E ratio of around 33, you are paying $33 for every $1 Apple earns. The average large company trades at about 22x earnings. Apple commands a premium because of its ecosystem and cash generation, but it is not cheap by historical standards.
Apple shares are trading above both their 50-day and 200-day moving averages, indicating a sustained uptrend. The stock has gained approximately 7% over the past three months, outperforming the broader market.
Recent analyst sentiment is strongly positive. Three major firms raised price targets following the Q1 earnings beat. The Vision Pro 2 announcement and continued AI integration across the product line have generated positive coverage.
Financials
AAPL revenue from the latest annual FMP income statement.
AAPL diluted EPS from the latest annual FMP income statement.
AAPL operating cash flow from the latest annual FMP cash flow statement.
AAPL gross margin from FMP trailing-twelve-month ratios.