Francesco Marra

Apple Stock Analysis Paper

Started Sept. 11, 2024

Abstract or project description

In this project, I learned that Apple's Price-to-Earnings (P/E) ratio is 35.90, higher than the industry average, signaling investor confidence in its future growth. Apple's net income for 2023 was $97 billion, with a net margin of 25%, showing strong profitability despite a slight decline. The company has diversified revenue channels, with iPhone sales, services, and wearables contributing significantly to its cash flow, supporting dividends and reinvestments. Analysts generally view Apple as a "Buy" with a price target around $240, though opinions vary due to global uncertainties.