Apple Inc. (AAPL) Won’t Slow Down Anytime Soon

Piper Jaffray recently published a survey according to which over 82% of teens in the US plan to buy a new iPhone. The survey also shows a growing demand of Apple . (NASDAQ:AAPL)’s smartwatch. This shows that the increasing prices of Apple ’s new phones will not affect the upcoming sales cycle of iPhone X. Apple ’s fundamentals also remain very strong.

The company beats every competitor based on metrics like Return on Assets (ROA), Return on Equity (ROE), Return on Investment (ROI), and margins. As an example, Apple ’s return on assets is 14.34%, while the industry average in the hardware and peripherals sector is over -3%.

Over the current book year the total revenue will be 227,52 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 47,34 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 17,42.

Per share the analysts expect a dividend of 2,37 USD per share. Apple 's dividend yield thus equals 1,51 percent. The average dividend yield of the hardware & equipment companies equals a limited 0,62 percent.

Newest target prices around 180 USD

The most recent recommendations for the hardware & equipment company are from ER Capital, Robert W. Baird and Raymond James.

Based on the current number of shares Apple 's market capitalization equals 875,81 billion USD.

On Friday the stock closed at 156,99 USD.

Historical stock prices Apple period 2007-2017

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