Quick Answer: How Is Apple Doing Financially?

Is Apple financially stable?

AAPL has sustained its debt level by about US$114b over the last 12 months – this includes long-term debt.

At this stable level of debt, the current cash and short-term investment levels stands at US$66b for investing into the business.

In AAPL’s case, it is able to generate 0.68x cash from its debt capital.

How much money does Apple make a year 2019?

Cupertino, California — July 30, 2019 — Apple today announced financial results for its fiscal 2019 third quarter ended June 29, 2019. The Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent.

What will Apple earnings be?

Apple Inc. is expected* to report earnings on 04/30/2020 after market close. The report will be for the fiscal Quarter ending Mar 2020. According to Zacks Investment Research, based on 9 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.09. The reported EPS for the same quarter last year was $2.46.

How much cash does Apple have in the bank?

Apple’s Cash on Hand

Per the company’s quarterly filing, CEO Tim Cook and his team now have a whopping $44.7 billion in the bank and another $41.6 billion worth of marketable securities that could be quickly turned into cash.

Will Apple stock go up or down after earnings report?

The options market currently implies Apple shares will move about 4% following the earnings report, and any slip-up from the tech giant could fuel profit-taking from those holding through 2019. The bank reiterated its “overweight” rating for the stock and raised its price target to $300 per share from $296.

How much are Netflix in debt?

Netflix is $12 billion in debt, Disney has an even larger debt load. Netflix finished the September quarter with $12.4 billion in long-term debt. The debt increased from $10.4 billion at the beginning of the year.

Is Facebook Debt Free?

The good news for investors is that Facebook has no debt. It has been operating its business with zero debt and utilising only its equity capital. Investors’ risk associated with debt is virtually non-existent with FB, and the company has plenty of headroom and ability to raise debt should it need to in the future.

Who has the most cash in the bank?

Google parent Alphabet has dethroned Apple as the world’s cash king after a decade of dominance

  • Google’s parent company, Alphabet, has overtaken Apple as the company with the most cash on hand.
  • Alphabet had $117 billion in financial reserves at the end of the most recent quarter, while Apple had $102 billion.

Who is richer Disney or Apple?

Apple is worth more than $1 trillion and was the first company to ever reach that mark. Disney’s market value is $246 billion.

Is Apple good to work?

“Why Apple is a great company to work for.” It’s has a great culture, family atmosphere and awesome benefits. Even though Apple pays better than most retail, most employees still feel we are underpaid for the excellent customer service and great lengths we go to, to fix people’s devices among other things.

How much does Apple make in a day?

Apple leads the pack by a wide margin, making $1,444 in profit per second – this is equal to $5.2 million per hour, $127 million per day, or $45.7 billion per year, based on 2016 net income figures.