Apple Inc. (AAPL) - Company Profile - 2026-04-13
Company Overview
Apple Inc. is a United States-based technology company known for designing, manufacturing, and marketing a broad range of consumer electronics and related services. Headquartered in Cupertino, California, the company offers devices including iPhone, Mac, iPad, and a portfolio of wearables and accessories such as AirPods, Apple Vision Pro, Apple Watch, Beats products, HomePod, and Apple TV. It provides AppleCare support, cloud services, and operates platforms like the App Store, which distributes apps and digital content, along with advertising services through licensing and its own platforms. Apple also offers subscription services such as Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+, as well as financial products like Apple Card and Apple Pay, and licenses its intellectual property. The company serves consumers, small and mid-sized businesses, education, enterprise, and government markets, selling products through its retail and online stores, direct sales force, and third-party carriers and resellers. Apple was founded in 1976 and is publicly traded; it is widely associated with its long-standing emphasis on integrated hardware, software, and services. The company maintains its headquarters in Cupertino, California and employs about 150,000 people. Website: https://www.apple.com
Business and Operations
Apple designs and sells a diversified portfolio of hardware and software services. Core hardware franchises include smartphones, personal computers, tablets, wearables, and related accessories. In addition to devices, Apple operates an expansive ecosystem of software and services, including cloud services, digital content, app distribution, and advertising platforms. The company distributes third-party applications through its App Store and extends its reach via direct retail and online stores, as well as through third-party cellular network carriers and resellers. Subscriptions across gaming, fitness, music, news, video content, and financial services contribute to recurring revenue streams, complemented by licensing of intellectual property. Apple’s business model emphasizes integrated hardware and software to deliver a cohesive customer experience across consumer, education, enterprise, and government markets.
Fundamental Metrics
- Market cap: $3.81T
- Enterprise value: $3.85T
- P/E (trailing): 32.85
- P/E (forward): 27.83
- P/B: 43.21
- P/S: 8.75
- PEG: n/a
- Profit margin: 27.04%
- Operating margin: 35.37%
- ROE: 152.02%
- ROA: 24.38%
- Debt/Equity: 102.63
- Current ratio: 0.97
- Revenue (TTM): $435.62B
- Revenue growth (YoY): 15.70%
- Earnings growth (YoY): 18.30%
- Free cash flow: $106.31B
- Dividend yield: 40.00%
- Payout ratio: 13.04%
- Beta: 1.11
Share Structure and Ownership
- Shares outstanding: 14,681,140,000
- Float: 14,656,035,251
- Insider held: 1.64%
- Institutional held: 65.29%
- Short ratio (days to cover): 3.17
- Short % of float: 0.85%
Top institutional holders:
- Vanguard Group Inc: 9.72% of shares
- BlackRock Inc.: 7.86% of shares
- State Street Corporation: 4.11% of shares
- Geode Capital Management, LLC: 2.44% of shares
- FMR, LLC: 2.09% of shares
Trading Activity
- Last close: $259.20 on 2026-04-13
- 1-month change: +1.35%
- 3-month change: -0.43%
- YTD change: -4.36%
- 1-year change: +27.99%
- 52-week high: $288.62
- 52-week low: $189.81
- [Drawdown](https://aksoycapital.com/glossary/drawdown.html) from 52W high: -10.19%
- 30-day avg volume: 39,945,223
- 90-day avg volume: 45,613,734
Recent Price Action
- The stock closed at $259.20 on 2026-04-13.
- Over the past 1 month, the price increased by 1.35%.
- Over the past 3 months, the price declined by 0.43%.
- Year-to-date, the price is down 4.36%.
- Over the last 12 months, the price is up 27.99%.
- The 52-week range spans from $189.81 to $288.62.
Strengths
- Large, diversified product and services portfolio across hardware, software, and services.
- Substantial trailing and forward earnings metrics (Profit margin: 27.04%; Operating margin: 35.37%).
- Very high return on equity (ROE: 152.02%) and solid return on assets (ROA: 24.38%).
- Substantial free cash flow generation (Free cash flow: $106.31B).
- Significant institutional ownership (65.29% of shares) and prominent index holdings.
- Positive trailing revenue growth (YoY: 15.70%) and earnings growth (YoY: 18.30%).
Considerations
- [Valuation multiples](https://aksoycapital.com/glossary/valuation-multiples.html) indicate high price-to-book (P/B: 43.21) and price-to-sales (P/S: 8.75) ratios.
- Current ratio is slightly below 1.00 (0.97), indicating near-term liquidity considerations.
- Debt to equity is elevated (DE: 102.63).
- Dividend yield is reported at 40.00% alongside a payout ratio of 13.04%.
- Price action shows a negative year-to-date movement (YTD: -4.36%) despite a positive 1-year change (1Y: +27.99%); 52-week range shows substantial dispersion ($189.81–$288.62).
Summary
Apple Inc. is a large U.S. technology company with a broad hardware and services ecosystem, headquartered in Cupertino. It reports a market cap near $3.81 trillion and trailing revenue of about $435.62 billion, supported by substantial free cash flow and high profitability metrics. The latest close on 2026-04-13 was $259.20, with a 1-year change of +27.99% and a 52-week range of $189.81 to $288.62. Institutional ownership is prominent, and the share structure shows a sizable float with a majority held by institutions.