Apple Inc (AAPL)

AAPL (NASDAQ:Consumer Durables) EQUITY
neg -0.39
Today's Range: 122.27 - 123.50 | AAPL Avg Daily Volume: 45,511,900
Last Update: 07/29/15 - 4:00 PM EDT
Volume: 36,697,436
YTD Performance: 11.78%
Open: $123.15
Previous Close: $123.38
52 Week Range: $93.28 - $134.54
Oustanding Shares: 5,702,722,000
Market Cap: 700,123,179,940
6-Month Chart
TheStreet Ratings Grade for AAPL
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 17 19 20 20
Moderate Buy 3 3 3 3
Hold 13 12 11 11
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.86 1.78 1.72 1.72
Latest Dividend: 0.52
Latest Dividend Yield: 1.69%
Dividend Ex-Date: 08/06/15
Price Earnings Ratio: 14.16
Price Earnings Comparisons:
AAPL Sector Avg. S&P 500
14.16 14.20 27.58
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-5.50% 24.60% 47.59%
Revenue 7.00 0.69 0.19
Net Income 6.70 0.52 0.15
EPS 13.60 0.62 0.17
Earnings for AAPL:
Revenue 182.80B
Average Earnings Estimates
Qtr (09/15) Qtr (12/15) FY (09/15) FY (09/16)
Average Estimate $1.88 $3.15 $9.14 $9.69
Number of Analysts 18 14 23 22
High Estimate $1.95 $3.51 $9.40 $10.65
Low Estimate $1.81 $2.67 $8.90 $8.50
Prior Year $1.42 $3.06 $6.45 $9.14
Growth Rate (Year over Year) 32.12% 3.06% 41.75% 6.01%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Why did I cover so aggressively today? Here is why. Today represented the highest number of new lows in a day (435) since Oct. 15, 2014. After that occurred nine months ago, the market went vertical, climbing by about 12% in the next five weeks! Let's go to the charts. I have consistently been of the view that the stock market was making a broad and important market top during the first half of 2015. I still believe this to still be the case. My principal technical reason has been a narrowing market with contracting leadership of only a few stocks. I repeatedly wrote this in my Diary and was quoted in Barron's about the same. However, this observation of a narrowing market is not new, even though so many in the business media are now cautioning about this technical setup. It is late in the party to observe this. Unfortunately, there are numerous other issues. Another flight to safety today in bonds; the 10-year yielded about 2.23% at day's end. Apple (AAPL), which I recently re-shorted, looks like it has an appointment with the recent lows. Opportunistic trading has been rewarding this year. I have reduced my gross exposures dramatically today for numerous reasons. One is that I am uncertain about the near term. This helps to explain why my words include possibly, might, could, etc. I am glad I am "light." A real washout will finally create investment opportunities as numerous stocks and sectors have been in their own bear markets. The Federal Reserve is caught in a box; if the domestic economy falters, it has few, if any, bullets left. As we move into the last 15 minutes stocks are essentially at their day's lows and approaching Sir Arthur Cashin's pivotal point to the downside. My short position in Caterpillar (CAT) is the gift that keeps on giving. How soon will Wharton's Dr. Jeremy Siegel appear back on "Squawk Box?" The final rose tonite. Will it be Nick (my pick)? Will it be Shawn? Will Kaitlyn "go loco?"  Stay tuned y'all!
The energy and specialty insurance groups offer some interesting ideas.
Strong quarterly results show that the market is more bearish than it should be right now.
From a slowing economy to super-expensive Apple, worries abound.
There's no easy one-way trade that works for everyone anymore.

Apocalypse Now? Real Money Pro($)

Worrisome fundamentals and technicals. Global economic growth is eroding  and the U.S. stock market's leadership is narrowing and waning. The U.S. economy's growth rate is decelerating. Peak housing, retail and autos appear on the horizon. For the fourth consecutive year, global and domestic GDP growth won't meet consensus expectations. A diverging market. The div
Its large drop made people take notice of the haves-have-nots divergence.

That Was the Week That Was Real Money Pro($)

Let's review.
It's tough to bet against FANG.
'Good' action gets narrower as breadth worsens.

Columnist Conversations

Slight beat on top line, $0.07/share miss. On Best Ideas List (short)
And took a small loss in this trading rental (short).
Expectations were high and option premium extreme, so once that is extracted/imploded next day or so that shou...


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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.