tl;dr
Vansh Agarwal, SA News Editor Apple (NASDAQ:AAPL) is scheduled to report second-quarter earnings on Thursday, May 2nd, after market close. Analysts expect earnings per share of $1.51 on revenues of $90.61 billion, which would mark a decline of 4.5% year-over-year, its largest decline since the first...
Vansh Agarwal, SA News Editor Apple (NASDAQ:AAPL) is scheduled to report second-quarter earnings on Thursday, May 2nd, after market close. Analysts expect earnings per share of $1.51 on revenues of $90.61 billion, which would mark a decline of 4.5% year-over-year, its largest decline since the first-quarter of 2023. Shares of the iPhone-maker have underperformed the broader S&P 500 Index so far this year, slumping over 11%. Apple (AAPL) has been the second-weakest performer within the "Magnificent 7" group of technology and growth stocks, trailing behind only Tesla (TSLA). Investors will be focusing on the company's strategy to bring generative AI to its iPhones and boost falling sales in the Chinese market. The Cupertino giant slipped to the third spot in China's smartphone market in the first quarter, losing ground to local rivals Honor and Huawei Technologies. Apple (AAPL) also lost the top spot to Samsung (OTCPK:SSNLF) in the global smartphone market. Earlier in the year, Microsoft (MSFT) overtook Apple (AAPL) as the world's most valuable publicly traded company. While Microsoft (MSFT), Alphabet (GOOG) (GOOGL), and Meta (META) have hyped up their AI potential, the Tim Cook led company has remained largely muted on its AI plans. Apple (AAPL) is reportedly in talks with OpenAI to integrate the startup's generative AI capabilities into the next iPhone model, expected later this year. "We believe prevailing weakness in China is more cyclical than structural, and note that historically Apple’s China business has exhibited much higher volatility than Apple overall," said investment firm Bernstein. The brokerage believes that generative AI features and tailwinds from the replacement cycle could set up Apple well for a strong iPhone 16 cycle. Seeking Alpha analysts at large consider AAPL a Hold. This compares with average Wall Street rating of Buy and SA Quant rating of Hold.
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Apple Inc. Summary More about Tesla Inc
Tesla Inc Summary Tesla Inc Summary
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, as well as other related products and services.
In 2020, Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of solar photovoltaic energy generation systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.
Manufacturing Information
Industry: Motor Vehicles & Passenger Car Bodies
Market Cap: $584.52 billion
PE Ratio: 46.87
Dividend Yield: None
EPS: 3.91
Profit Margin: 29.8%
Operating Margin: 14.4%
Revenue: $94.75 billion
Gross Profit: $177.76 billion
Net Income: -$0.534 billion
EBITDA: -$0.087 billion
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company which produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Sector: TECHNOLOGY
Industry: SERVICES-PREPACKAGED SOFTWARE
Market Cap: 289.36 Billion
P/E Ratio: 33.8
EPS: 2.93
Dividend Yield: 11.52
52-Week High: 31.83
52-Week Low: 0.364
Shares Outstanding: 236.58 Million
Public Float: 236.58 Million
Beta: 467.9
Profit Margin: 0.2
Operating Margin: 0.17
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Alphabet Inc. Class C Summary:
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Services: Computer Programming, Data Processing, etc.
Market Cap: 2,021,746,278,000
PE Ratio: 25.25
Dividend Yield: None
EPS: 6.52
52-Week High: 25.37
52-Week Low: 0.259
Average Volume: 318,145,987,000
Price to Book: 181.23
Price to Sales: 0.609
Price to Cashflow: 0.154
More about Alphabet Inc Class A
Alphabet Inc Class A
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Market Cap: 2.02T
PE Ratio: 24.93
Dividend Yield: None
Beta: 6.53
52-Week High: 25.37
52-Week Low: 0.259
Shares Outstanding: 3.18B
EPS: 187.67
Forward PE: 0.609
Profit Margin: 0.154
More about Meta Platforms Inc.
Meta Platforms Inc. Technical Analysis Summary
Meta Platforms, Inc. is a technology company headquartered in Menlo Park, California. The company develops products for connecting and sharing through various devices worldwide.
Key Financials
Market Cap: $1.09 trillion
Stock Price: $24.75
Price Change: $0.50
52-Week Range: $17.38 - $55.67
Dividend Yield: 0.321%
Volume: 142,711,996
Average Volume: 516.58 million
PE Ratio: 1.141
EPS: $0.273
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