How to buy Apple stock in Canada

Apple Inc. is a technology company headquartered in Cupertino, California. Founded in 1976 by Steve Jobs and Steve Wozniak, Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories worldwide. The company is known for the iPhone, Mac, iPad, Apple Watch, AirPods, Apple TV, Beats products and HomePod. Apple’s services segment includes the App Store, Apple Pay, Apple Card, Apple TV+, Apple Music and iCloud. Apple is one of the world’s biggest tech companies by value, with a market capitalization of $2.62 trillion USD. It’s also the world’s largest tech company by revenue, with $383 billion USD in 2023 revenue.

Our top picks for where to buy Apple stock

Latest updates for Apple

December 16, 2024: In a remarkable display of market resilience, Apple stock has soared to an all-time high, reaching a price level of $250.83, pushing its market capitalization to $3.79 trillion, according to Investing.com.

December 11, 2024: Apple released updates for its iPhone, iPad and Mac software on Wednesday that include a long-awaited ChatGPT integration with Siri, according to CNBC.

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Apple stock price (NASDAQ: AAPL)

Use our graph to track the performance of AAPL stocks over time.

Apple stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	$254.49
52-week range	$163.49 - $254.28
50-day moving average more info button	$233.46
200-day moving average more info button	$209.70
Wall St. target price	$246.26
PE ratio more info button	40.7977
Dividend yield more info button	$0.98 (0.4%)
Earnings per share (TTM) more info button	$6.08

Is it a good time to buy Apple stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Apple price performance over time

Historical closes compared with the close of $254.49 from 2024-12-20

1 week (2024-12-16)	1.37%
1 month (2024-11-22)	10.71%
3 months (2024-09-23)	12.37%
6 months (2024-06-21)	22.65%

1 year (2023-12-22)	31.45%
2 years (2022-12-23)	95.03%
3 years (2021-12-23)	46.73%
5 years (2019-12-23)	269.72%

Is Apple stock undervalued or overvalued?

Valuing Apple stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Apple's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Apple's P/E ratio

Apple's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 41x. In other words, Apple shares trade at around 41x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stock or simply that they're over-valued.

Apple's PEG ratio

Apple's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.619. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Apple's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Apple's EBITDA

Apple's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $134.7 billion.

The EBITDA is a measure of a Apple's overall financial performance and is widely used to measure a its profitability.

Apple financials

Revenue TTM	$391 billion
Operating margin TTM	31.17%
Gross profit TTM	$170.8 billion
Return on assets TTM	21.46%
Return on equity TTM	157.41%
Profit margin	23.97%
Book value	$3.77
Market Capitalization more info button	$3.7 trillion

TTM: trailing 12 months

Apple stock dividends

Dividend payout ratio: 14.67% of net profits

Recently Apple has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Apple shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Apple's case, that would currently equate to about $0.98 per share.

While Apple's payout ratio might seem low, this can signify that Apple is investing more in its future growth.

Apple's most recent dividend payout was on 13 November 2024. The latest dividend was paid out to all shareholders who bought their stocks by 7 November 2024 (the "ex-dividend date").

Have Apple's stocks ever split?

Apple's stocks were split on a 4:1 basis on 30 August 2020 . So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Apple stocks – just the quantity. However, indirectly, the new 75% lower stock price could have impacted the market appetite for Apple stocks, which in turn could have impacted Apple's stock price.

Apple stock price volatility

Over the last 12 months, Apple's stocks have ranged in value from as little as $163.4884 up to $254.28. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Apple's is 1.24. This would suggest that Apple's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Apple overview

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms. In addition, the company offers various subscription-based services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store.

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Frequently asked questions

What percentage of Apple is owned by insiders or institutions?
Currently 2.056% of Apple stocks are held by insiders and 61.923% by institutions. How many people work for Apple?
Latest data suggests 164,000 work at Apple. When does the fiscal year end for Apple?
Apple's fiscal year ends in September. Where is Apple based?
Apple's address is: One Apple Park Way, Cupertino, CA, United States, 95014 What is Apple's ISIN number?
Apple's international securities identification number is: US0378331005 What is Apple's CUSIP number?
Apple's Committee on Uniform Securities Identification Procedures number is: 037833100

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