Apple Inc. (AAPL): Is It Time to Sell

Apple .(NASDAQ:AAPL) is showing signs of weakness after a report published by Digi Times claimed that Apple has told its suppliers to cut down on the delivery of iPhone X, which shows that the company is expecting a lukewarm demand of the new iPhone. Analysts think that users might not be interested in paying a big price ($1000) for the new iPhone which offers scarcely anything different than the previous iPhones, except unlocking your phone with your face.

Alphabet is also prepping to launch a new Pixel phone. Analysts believe that a delayed iPhone X launch means that users might jump to a much cheaper and extremely smart Pixel phone instead of waiting for the new iPhone X.

Over the current book year the total revenue will be 227,54 billion USD (consensus estimates). This is slightly more than 2016's revenue of 215,64 billion USD.

Historical revenues and results Apple plus estimates 2017

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The analysts expect for 2017 a net profit of 47,36 billion USD. The majority of the analysts expects for this year a profit per share of 9,01 USD. The price/earnings-ratio therefore equals 17,15.

For this year the analysts expect a dividend of 2,37 USD per share. Thus the dividend yield equals 1,53 percent. The average dividend yield of the hardware & equipment companies equals a moderate 0,63 percent.

Newest target prices around 182 USD

The most recent recommendations for the hardware & equipment company are from Raymond James, Nomura Securities and KBC Securities.

Apple 's market capitalization is based on the number of outstanding shares around 861,81 billion USD.

On Tuesday, the stock closed at 154,48 USD.

Historical stock prices Apple past 10 years

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