Apple Inc. is one of the leading companies in the tech industry. The company’s latest financial report, for the fiscal year ending December 31, 2021, showed a total revenue of 123.9 bln USD and earnings per share of 2.1 USD. The company’s performance in recent years has been consistent and stable, with an average annual revenue growth rate of 8-10%.
The company’s financial statements from 2018 to 2021 show that its revenues have increased significantly during this period. In 2018, total revenues were 80.96 bln USD; this figure rose to 97.28 bln USD in 2022 and 117.15 bln USD in 2023. This suggests that the company has experienced strong growth over this time period which is a positive indicator for its future prospects.
Another indication of Apple Inc.’s financial health is its stock price performance over the past five years, which has consistently increased despite market volatility. As of April 26th 2023, the stock was trading at 152.55 USD - this represents an increase of 52% since January 2017 (priceAvg50: 139.9052). The company’s market capitalization also stands at 241 bn USD - a substantial increase from its value 5 years ago (marketCap: 2413630810829).
Overall, Apple Inc.’s financial performance over the past few years indicates that it is in a healthy state financially and well positioned for continued success in the future. The company’s increasing revenue figures and strong stock price gains are positive indicators for investors who are looking to invest in Apple Inc.’s stock or other products and services offered by the company