Alpha Score of 54 reflects moderate overall profile with strong momentum, poor value, strong quality, moderate sentiment.
Apple rose 4.84% to $308.63, edging toward its 52-week high of $315.20. The stock now trades at 74 times earnings, with EPS growth of 19.4% year-over-year and a net margin of 27.2%. The Alpha Score sits at 53.3, carried by momentum at 74.2 and quality at 79.2. Value remains at zero—the multiple leaves no room for a bargain case. Recent headlines flagged two headwinds for Apple: Trump’s crypto-linked conflicts and a Chinese white paper tightening cross-border data rules. Neither derailed today’s rally. The white paper could affect data flow compliance costs for Apple in China, where the company faces regulatory scrutiny. Watch for any follow-through on those rules in the coming weeks, alongside the broader tech earnings cycle.
Apple shares rose 1.73% to $294.38, putting it near the upper end of its 52-week range. The stock trades at 74 times trailing earnings, a multiple that looks steep even with EPS up 19% year over year. Net margins remain strong at 27%, and the Alpha Score quality sub-score sits at 79.2. But the value score is zero — the market is paying a premium for growth, not for a bargain. The next big test comes July 30, when Apple reports fiscal Q3. Street estimates call for revenue between $107 billion and $109 billion, with EPS in the $1.80-$1.84 range. Services growth is the pillar to watch; memory costs could weigh on gross margins. President Trump's stock purchases in 2025 included Apple, but the filings show a broad portfolio rather than a concentrated bet. For now, the momentum is still positive (Alpha Score momentum sub-score at 58.7). The question is whether earnings can justify the multiple.
Apple rose 2.7% to $289.36, recovering toward the upper end of its 52-week range. The stock trades at 74x trailing earnings, a multiple that hinges on services revenue growth. Next quarter's expected $24B in services revenue will test that premium — a miss could pressure the 31x forward multiple that the market has priced in. Net margins remain strong at 27.2%, and EPS grew 19.4% year over year. The Alpha Score sits at 48.9, with quality at 79.2 and momentum at 59.2, but value scores zero. Political risk from the GOP convention in Dallas adds uncertainty around trade and antitrust policy. Watch for any pre-announcement commentary from Apple ahead of the Q3 report.
Apple shares fell 0.72% to $281.74, a quiet session for a stock trading near the top of its 52-week range. The 74x P/E leaves little room for operational stumbles. Net margins of 27.2% and 19.4% EPS growth support the premium — the quality sub-score of 79.2 is the standout in a 45.6 overall Alpha Score. But the value sub-score sits at zero, a reminder that multiple expansion has already been priced in. News flow this week is dominated by two supply-chain storylines. In China, Wedbush notes that Apple's push to use domestic memory chips still faces capacity and political constraints. In India, a political protest threatens to disrupt production. Neither is a near-term earnings risk, given inventory buffers, but both add to the narrative of rising geopolitical costs. Forward watch: the next iPhone cycle and March-quarter guidance. Margins on the new models and China demand data will matter more than the noise.
Apple rose 3.14% to $283.78, pushing back toward the $315.2 52-week high. The stock trades at 74 times trailing earnings, a premium that reflects the company's 19.4% EPS growth and 27.2% net margin. Alpha Score sits at 44.9, supported by strong quality (79.2) and moderate sentiment (50.3). Value scores zero, as the market prices in continued revenue expansion. No company-specific news crossed today; the move tracked a broader tech rally. With the stock near the top of its range, next quarter's earnings will test whether the multiple can hold. Watch for any supply-chain updates or iPhone demand signals.
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 |
| Politician | Date | Type | Amount |
|---|---|---|---|
| Matthew Robert Van Epps TN | 2026-06-16 | sale | $1k – $15k |
| Gilbert Cisneros D-CA | 2026-06-05 | purchase | $1k – $15k |
| David J. Taylor R-OH | 2026-05-15 | sale | $1k – $15k |
| Ed Case D-HI | 2026-05-14 | purchase | $1k – $15k |
| Cleo Fields D-LA | 2026-05-14 | purchase | $1k – $15k |
| Thomas Suozzi D-NY | 2026-02-18 | sale | $15k – $50k |
| Ed Case D-HI | 2026-02-12 | purchase | $1k – $15k |
| Julia Letlow R-LA | 2026-02-02 | purchase | $1k – $15k |
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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