Apple Historical Income Statement

AAPL Stock  USD 173.31  3.60  2.12%   
Historical analysis of Apple income statement accounts such as Interest Expense of 4.7 B, Selling General Administrative of 30.1 B or Total Revenue of 462.8 B can show how well Apple Inc performed in making a profits. Evaluating Apple income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Apple's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Apple Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Apple Inc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About Apple Income Statement Analysis

Apple Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Apple shareholders. The income statement also shows Apple investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Apple Income Statement Chart

Apple Inc Income Statement is one of the three primary financial statements used for reporting Apple's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Apple Inc revenue and expense. Apple Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Apple's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 138 B this year, although the value of Extraordinary Items is projected to rise to (1.3 B).

Total Revenue

Total revenue comprises all receipts Apple Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Apple Inc minus its cost of goods sold. It is profit before Apple operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Apple Inc. It is also known as Apple overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Apple's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Apple Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Apple's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 138 B this year, although the value of Extraordinary Items is projected to rise to (1.3 B).
 2021 2022 2023 2024 (projected)
Interest Expense2.9B3.9B4.5B4.7B
Depreciation And Amortization11.1B11.5B13.2B13.9B

Apple income statement Correlations

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Apple Account Relationship Matchups

Apple income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization11.1B11.3B11.1B11.5B13.2B13.9B
Interest Expense2.9B2.6B2.9B3.9B4.5B4.7B
Selling General Administrative19.9B22.0B25.1B24.9B28.7B30.1B
Total Revenue274.5B365.8B394.3B383.3B440.8B462.8B
Gross Profit105.0B152.8B170.8B169.1B194.5B204.2B
Other Operating Expenses208.2B256.9B274.9B269.0B309.3B324.8B
Operating Income66.3B108.9B119.4B114.3B131.4B138.0B
Ebit66.3B108.9B119.4B114.3B131.4B138.0B
Ebitda77.3B120.2B130.5B125.8B144.7B151.9B
Cost Of Revenue169.6B213.0B223.5B214.1B246.3B258.6B
Total Operating Expenses38.7B43.9B51.3B54.8B63.1B66.2B
Income Before Tax67.1B109.2B119.1B113.7B130.8B137.3B
Total Other Income Expense Net803M258M(334M)(565M)(649.8M)(617.3M)
Net Income57.4B94.7B99.8B97.0B111.5B117.1B
Income Tax Expense9.7B14.5B19.3B16.7B19.3B20.2B
Research Development18.8B21.9B26.3B29.9B34.4B36.1B
Net Income Applicable To Common Shares57.4B94.7B99.8B97.0B111.5B117.1B
Net Income From Continuing Ops57.4B94.7B99.8B97.0B111.5B57.0B
Non Operating Income Net Other803M258M334M565M649.8M1.1B
Tax Provision9.7B14.5B19.3B16.7B15.1B12.0B
Net Interest Income890M198M(106M)(183M)(164.7M)(156.5M)
Interest Income3.8B2.8B106M183M164.7M156.5M
Reconciled Depreciation11.1B11.3B11.1B11.5B13.2B12.3B

Apple Investors Sentiment

The influence of Apple's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Apple. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Apple's public news can be used to forecast risks associated with an investment in Apple. The trend in average sentiment can be used to explain how an investor holding Apple can time the market purely based on public headlines and social activities around Apple Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Apple's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Apple's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Apple's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Apple.

Apple Implied Volatility

    
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Apple's implied volatility exposes the market's sentiment of Apple Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apple's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Apple stock will not fluctuate a lot when Apple's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apple in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apple's short interest history, or implied volatility extrapolated from Apple options trading.

Pair Trading with Apple

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.16
Dividend Share
0.95
Earnings Share
6.43
Revenue Per Share
24.648
Quarterly Revenue Growth
0.021
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.