Apple Inc

It's always difficult to write about a company that has so much information and misinformation swirling around about it. Most of it is based on someone's self interest. Some of those opinions are based on swaying product sales, some are based on influencing the stock price, and some are simply based on the individual egos of the writers of the articles. 

I've written a couple of articles on Apple Inc ("Selling Apple Puts" and "Value Investors are Now Buying Apple") and I look at Apple from an investment perspective. To me Apple is a company in transition. It's transitioning from a trader's stock to a value investor's stock. And dividend growth investors are piling on.

There's plenty of articles written about the relationship between Apple's stock price and Apple's product launches which really doesn't need to be repeated here, but it's important to know that the stock in Apple has the tendency to increase in value leading up to each new product launch and then suffers a pullback once the product is announced. It's done it so many times that almost every investor already knows about it. 

So if you're a swing trader this stock may just be for you. If you're a dividend growth investor, this stock has transitioned into a company that now pays an increasing dividend and it may just be for you. And if you just believe that Apple ends up owning every market it enters, this may be just the stock for you. 

Good Luck and Good Investing.

The Fundamentals

28 September 2014

Price $100.75
1yr Target $110.79
Analysts 42
1yr Cap Gain 9.96%
Dividend $1.88
Yield 1.80%
1yr Est Tot Return 11.76%

Market Cap $603.28 Bil
Beta 0.87
EPS (ttm) $6.19
Payout Ratio 30.37%
EPS next yr $7.16
P/E 16.28
PEG 1.33
Forward P/E 14.07

Debt/Equity 0.26
ROA 17.90%
ROE 31.20%
ROI 25.50%
Sales $178.14 Bil
Income $38.56 Bil
Profit Margin 21.60%

The Products

MAC

1. MacBook Air
   
2. MacBook Pro
   
3. Mac mini
   
4. iMac
   
5. Mac Pro
   
6. OS X Mavericks

iPhone

1. iPhone 6 and 6 Plus
   
2. iPhone Accessories
   
3. iOS 8 and iCloud

Watch
iPad

1. iPad mini with Retina display
   
2. iPad Air
   
3. iPad Accessories

iPod

1. iPod shuffle
   
2. iPod nano
   
3. iPod touch

Apple TV
iTunes