How to Trade Apple After Fiscal Q4 Earnings Performance
Apple Inc. (NASDAQ: AAPL) is a global technology company whose products are a familiar part of everyday life. From iPhones and Macs to Apple Watches, the company designs consumer electronics that millions rely on daily. The company also offers digital services such as the App Store, Apple Music, iCloud, and Apple TV+, all built to work seamlessly across its devices.
Apple recently reported its fiscal fourth-quarter earnings. Here’s a closer look at the performance and what analysts are forecasting for the stock.
This material is for informational purposes only and not financial advice. Consult a financial advisor before making investment decisions.
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- Risk Warning: Past performance is not a reliable indicator of future results or future performance. All trading is high risk, and you can lose more than you risk on a trade. Never invest more than you can afford to lose as some trades will lose and some trades will win. Start small to understand your own risk tolerance levels or practice on a demo account first to build your knowledge before investing.
- Trading is not suitable for everyone. Trading is highly speculative and carries a significant risk of loss. While it offers potential opportunities, it also involves high volatility, and leveraged trading can amplify both gains and losses. Retail investors should fully understand these risks before trading.
Apple’s Fiscal Q4 Earnings Performance Summary
Key Takeaways
- Apple delivered strong fiscal fourth-quarter results, with total revenue of $102.5 billion, up 8% year-on-year (YoY).
- Diluted earnings per share rose to $1.85, an increase of 13% YoY.
- The company achieved September quarter records for total company revenue, iPhone revenue and EPS, alongside a new all-time high in services revenue.
- Segment-wise revenue:
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- iPhone: $49.03 B (+6.0% YoY)
- Services: $28.75 B (+14.0% YoY)
- Mac: $8.73 B (+12.1% YoY)
- iPad: $6.95 B (flat)
- Wearables, Home & Accessories: $9.01 B (-0.3% YoY)
- Looking ahead to the December quarter, Apple CEO Timothy Cook said in an interview with CNBC, “We expect total company revenue to grow by 10 to 12% year over year. We expect iPhone revenue to grow double digits, year over year, and we expect that that would make the December quarter the best ever in the history of the company.”
Apple’s 12-Month Analyst Stock Price Forecast
According to 32 Wall Street analysts, polled by TipRanks, offering a 12-month stock price forecast for Apple over the past 3 months:
- Buy Ratings: 19
- Hold Ratings: 11
- Sell Ratings: 2
- Average Price Target: $299.49
- High Price Target: $350.00
- Low Price Target: $230.00
Trading Strategy Example: Apple Inc.
The following trading examples are for educational purposes only and do not constitute investment advice. Investors should conduct independent research before making trading decisions. An example trading idea for the Apple share price could be as follows:
Remember, markets are volatile, and the share price of Apple will fluctuate and may even trend lower. While Apple benefits from a diversified business across products and services, its valuation remains sensitive to factors such as demand for its products, consumer spending trends, and broader market sentiment. Moreover, the stock is trading very close to its all-time high and could also see short-term pullbacks.
How to Buy Apple Stock in 4 Steps
- Open an account with Admiral Markets and complete the onboarding process to access the dashboard.
- Click on Trade or Invest on one of your live or demo accounts to open the web platform.
- Search for your stock in the search window at the top.
- Input your entry, stop-loss and take profit levels in the trading ticket.
Do You See the Apple Stock Price Moving Differently?
If you believe there is a higher chance that the share price of Apple will move lower, you can also trade short using CFDs (Contracts for Difference). However, these have higher associated risks and are not suitable for all investors. Learn more about CFDs in this How to Trade CFDs article.
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