Apple's ($AAPL) latest earnings report has sparked varied opinions from analysts and investors. While some believe that iPhone sales strength and the dominance of services bode well for the company, others express concerns about its growth and valuation. The company's P/E, EV/EBITDA, and Price to Sales ratios have surged above their 10-year averages, indicating a potentially overvalued stock. Despite this, Apple's stock price has risen, with the iPhone accounting for 50% of its sales and services contributing a quarter of all sales for the first time. The stock finished up 1.46% to $179.23, trading higher than before the company's guidance for the current quarter, prompting discussions about the market's efficiency in pricing. The revenue breakdown for Fiscal 2023 shows that iPhone sales account for over 50% of Apple's revenue, followed by services, wearables, home & accessories, Mac, and iPad.
Thoughts on Apple from last weeks earnings. @SchwabNetwork $AAPL https://t.co/KM6vdCvb7u
Here's the percentage of Apple's $AAPL revenue that comes from each of its segments for its Fiscal 2023 iPhone - 52.3% Services - 22.2% Wearables, Home & Accessories - 10.4% Mac - 7.7% iPad - 7.4%
Apple's, $AAPL, iPhone accounts for 50% of its sales, per Bloomberg: https://t.co/2ilc1irTOr
$AAPL finishes up 1.46% to $179.23
$AAPL now priced HIGHER than before the company gave shit guidance for the current quarter. The stock market is neither forward-looking nor efficient.
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Apple's P/E Ratio: 29x 10-year average: 20x Apple's EV/EBITDA Ratio: 22x 10-year average: 14x Apple's Price to Sales Ratio: 7.3x 10-year average: 4.7x $AAPL https://t.co/uDCZANw6XV
Apple $AAPL services topped a quarter of all sales this quarter for the first time ever. How high will this ultimately get for what is still the biggest company in the world? https://t.co/hanxjphLbB
Updated view of $AAPL earnings and sales via @MarketSmith @IBDinvestors #IBDPartner https://t.co/5jyHr9fpTS https://t.co/RB8UlEoIFt
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