Apple .(NASDAQ:AAPL) is taking a hit as investors grow concerned over the delayed sales date for iPhone X. Apple won’t start accepting orders for the new, $1000 iPhone before October 27. Apple had anticipated to start selling the new iPhone much earlier than the given date. Last night, Apple had to face embarrassment after the face recognition feature, the defining functionality of iPhone X, failed to work.
The presenter had to try twice to unlock the iPhone X. Analysts also believe that Apple has hit the saturation point. It is unable to justify the skyrocketing prices of its devices. Users have better options available for less rates in the market.
For this year Apple 's revenue will be around 227,61 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2016's revenue of 215,64 billion USD.
The analysts expect for 2017 a net profit of 47,37 billion USD. For this year the consensus of Apple 's result per share is a profit of 9,01 USD. So the price/earnings-ratio equals 17,74.
For this year the analysts expect a dividend of 2,37 USD per share. Thus the dividend yield equals 1,48 percent. The average dividend yield of the hardware & equipment companies equals a low 0,62 percent.
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