AI-powered earnings and news diagnosis. Updated regularly.
Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. Apple is the world's largest technology company by revenue (totalling $274.5 billion in 2020) and, since January 2021, the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales, and fourth-largest smartphone manufacturer. It is one of the Big Five American information technology companies, along with Amazon, Google, Microsoft, and Facebook.
Apple is firing on all cylinders, trading at record highs near $315 after beating earnings estimates four quarters straight. Strong profit margins and steady growth fuel optimism, though its high P/E of 37 means a lot of good news is already priced in.
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