Alpha Score of 59 reflects moderate overall profile with strong momentum, poor value, strong quality, moderate sentiment.
Apple jumped 3.53% to $333.02, pushing within 0.2% of the 52-week high at $333.74. The stock trades at 154x trailing earnings — a premium that has widened even as EPS grew 19.4% over the last year. Momentum score sits at 93.1, the highest sub-score in Alpha's composite, while value at zero confirms no one is buying this for cheap multiples. The move tracked broad mega-cap buying rather than company-specific news. A three-year enterprise AI study released this week showed workers already use AI at the office but companies haven't adapted their structures. That gap may favor Apple's consumer hardware upgrades over enterprise software plays. Separately, Greer's testimony that tariff policy overrides legal authority adds import-cost risk for the hardware supply chain. Watch next week for any earnings preview commentary that could reset the growth narrative.
Apple fell $4.23 to close at $321.66, shedding 1.3% as the stock pulled back from last week's all-time high of $333.74. The move came without a company-specific catalyst, tracking a broader tech sector retreat. At 87 times trailing earnings, Apple's multiple remains elevated even after the pullback. EPS grew 19.4% year over year to $3.83, while net margins held at 27.2%. The Alpha Score of 54.1 reflects a split profile: momentum at 82.7 and quality at 79.2 are strong, but the value subscore sits at zero. Sentiment is neutral at 47.6. The stock has now gained 59% from its 52-week low near $202. Watch for whether Apple can reclaim $330 this week, or if profit-taking extends the pullback into its next product cycle updates.
Apple shares fell 0.56% to $325.89, extending a pullback after an analyst reiterated a Sell rating. The stock has rallied 20% since the prior coverage, pushing the trailing P/E to 87.14. That valuation sits at the upper end of the 52-week range, which spans $202.38 to $333.74. The company still delivers strong profitability. Net margin is 27.2% and earnings per share grew 19.4% year over year. The Alpha Score reads 55.8 overall, pulled up by momentum at 85.5 and quality at 79.2. Value scores zero. The analyst's call is not new. But the 20% run means price has outpaced earnings growth, making the multiple harder to defend on a near-term basis. Watch for earnings season and any guidance from Apple that could reset expectations.
Apple shares edged up 0.14% to $333.74, sitting at the top of a 52-week range that stretches from $202.38. The stock held support at its 50-day moving average last week as tech pulled back, traders said. At 87 times earnings, the multiple is the story. The Alpha Score of 56.9 reflects momentum at 91.2 and quality at 79.2, but value scores zero — the market is paying for growth and execution, not cheapness. Net margins of 27.2% and 19.4% EPS growth give the bull case its foundation. Apple also raised iPhone prices in Japan by up to 11% as the yen weakens, a move that protects margins in a key market. The question for next week is whether the stock can break above $333.74 or consolidates further. Earnings season and any commentary on demand will set the tone.
Apple closed at $333.26, up 1.76%, marking a fresh 52-week high that extends its range to $201.08-$316.22. The stock now trades at 82.3 times trailing earnings, a multiple that reflects the market's willingness to pay for its 19.4% EPS growth and 27.2% net margin. The Alpha Score sits at 56.7, with momentum carrying the weight at 89.5. Value scores zero — no surprise at these multiples. Quality holds at 79.2, supported by the margin profile. Sentiment at 50.3 is neutral, suggesting the rally is more about earnings delivery than shifting narrative. Next week's watch: whether the stock can hold above $316 and extend the range, or if the 200-day moving average test from earlier this month signals exhaustion. The $235 support level that held in that dip now sits 30% below current price.
Apple Inc. reported its financial results for the second quarter ended March 28, 2026. The company achieved total net sales of $111.18 billion for the quarter, compared to $95.36 billion in the same period of the previous year. Net income rose to $29.58 billion, up from $24.78 billion in the prior year quarter. Diluted earnings per share reached $2.01, compared to $1.65 in the second quarter of 2025. Product sales contributed $80.21 billion to the total revenue, while services revenue reached $30.98 billion. Operating expenses increased to $18.90 billion, driven largely by a rise in research and development costs to $11.42 billion, up from $8.55 billion in the year-ago period. Operating income for the quarter was $35.89 billion, compared to $29.59 billion in the second quarter of 2025. As of March 28, 2026, Apple held $45.57 billion in cash and cash equivalents and $22.94 billion in marketable securities. The company reported 14.69 billion shares issued and outstanding as of April 17, 2026. The financial statements reflect continued investment in research and development and a robust performance across both product and service segments.
On April 30, 2026, Apple Inc. filed an 8-K report with the Securities and Exchange Commission to formally announce the release of its financial results for the second fiscal quarter, which ended on March 28, 2026. The filing serves as a procedural notification that the company has issued a press release detailing its quarterly performance. The press release, which is included as Exhibit 99.1 to the filing, provides the specific financial data and operational commentary for the period. The company clarified that the information provided in this report, including the attached press release, is furnished rather than filed for the purposes of Section 18 of the Securities Exchange Act of 1934. This distinction means the information is not subject to the liabilities of Section 18 and is not automatically incorporated by reference into other registration statements or filings under the Securities Act of 1933 or the Exchange Act, unless specifically stated otherwise. The report was signed by Kevan Parekh, Senior Vice President and Chief Financial Officer of Apple Inc.
Apple Inc. filed an 8-K on April 20, 2026, to announce a significant leadership transition. Effective September 1, 2026, current Chief Executive Officer Tim Cook will step down from his role to become the Executive Chair of the Board of Directors. John Ternus, who currently serves as the Senior Vice President of Hardware Engineering, has been appointed as the new Chief Executive Officer and will join the Board of Directors on the same date. Ternus has been with Apple since 2001 and has led the hardware engineering division since 2021. In conjunction with this transition, Art Levinson, the current Chair of the Board, will shift to the role of Lead Independent Director. Apple stated that there are no familial relationships or reportable transactions between Ternus and other directors or executives. The company will enter into a standard indemnification agreement with Ternus and plans to file an amendment to this 8-K within four business days to provide additional required disclosures regarding his compensation arrangements.
Apple Inc. filed an 8-K report detailing the results of its 2026 Annual Meeting of Shareholders held on February 24, 2026. Shareholders voted on five primary proposals, including the election of directors, the ratification of the independent accounting firm, executive compensation, a director stock plan, and one shareholder proposal. All eight director nominees were elected to the board, including Tim Cook, Wanda Austin, Alex Gorsky, Andrea Jung, Art Levinson, Monica Lozano, Ron Sugar, and Sue Wagner. Shareholders ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for fiscal year 2026. The advisory resolution regarding executive compensation was approved, as was the management proposal to approve the amended and restated Apple Inc. Non-Employee Director Stock Plan. Conversely, the shareholder proposal titled China Entanglement Audit was defeated by a significant margin, with approximately 8.94 billion votes cast against the measure compared to 129 million in favor.
Apple Inc. filed its Form 10-Q for the fiscal quarter ended December 27, 2025, reporting total net sales of $143.76 billion, compared to $124.30 billion in the same quarter of the previous year. Product sales accounted for $113.74 billion, while Services revenue reached $30.01 billion. The company reported a gross margin of $69.23 billion, up from $58.28 billion in the prior year period. Operating income for the quarter was $50.85 billion, compared to $42.83 billion in the year-ago quarter. Net income rose to $42.10 billion, or $2.84 per diluted share, compared to $36.33 billion, or $2.40 per diluted share, in the same period last year. Operating expenses increased to $18.38 billion, driven primarily by higher research and development costs of $10.89 billion. As of December 27, 2025, Apple held $45.32 billion in cash and cash equivalents and $99.48 billion in total marketable securities. The company continued its capital return program, repurchasing $25.19 billion of common stock and declaring dividends of $0.26 per share during the quarter. Total liabilities were $291.11 billion, with total shareholders' equity standing at $88.19 billion.
| Fund | Shares Held | Position Value | Action (latest Q) |
|---|---|---|---|
| Berkshire Hathaway Warren Buffett | 227.92M | $61.96B | NEW |
| Citadel Ken Griffin | 60.09M | $16.34B | NEW |
| D.E. Shaw David Shaw | 7.85M | $2.13B | NEW |
| Marshall Wace | 6.99M | $1.90B | NEW |
| Soros Fund Management George Soros (founder) | 416K | $113.16M | NEW |
| Point72 Steve Cohen | 307K | $83.41M | NEW |
| Blackstone | 27K | $7.31M | NEW |
| Appaloosa David Tepper | 1.26M | $133.0K | NEW |
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Apple Inc. is a leading technology company renowned for designing, manufacturing, and marketing innovative hardware and software products for consumers and businesses worldwide. Its flagship product, the iPhone, accounts for the majority of sales, serving as the central hub of an expansive ecosystem that includes Mac computers, iPad tablets, Apple Watch wearables, and accessories like AirPods. Apple Inc. also offers a suite of services such as the App Store, Apple Music, iCloud, Apple TV+, and Apple Fitness+, providing digital content, cloud storage, and subscription-based platforms. Operating in the consumer electronics industry within the technology sector, the company employs approximately 166,000 people and maintains a broad global presence through online stores, retail outlets, and partnerships with carriers and resellers. With a substantial market capitalization reflecting its scale, Apple Inc. plays a pivotal role in shaping consumer technology trends, emphasizing seamless integration across devices and services to enhance user experience and productivity.
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