Apple Inc. (NASDAQ:AAPL) will debut a redesigned MacBook with a 16-inch Retina Display during its annual September hardware launch event, according to a new report from Forbes. The long-rumouredMacBook is widely-tipped to trim the bezels around the display to squeeze larger panel into a form-factor that remains small enough to carry around comfortably. Despite earlier whispers the redesigned MacBook won’t launch until 2021, sources speaking to Forbes now believe Apple will unveil the notebook in a few months alongside iPhone 11, which will purportedly be unveiled in September.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a company’s common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/ convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price.Apple Inc. (NASDAQ:AAPL) Diluted EPS is 11.67, whereas the EPS Estimate for next year is 12.62. The Annual EPS Growth of past 5 years is 16.50% and Apple Inc. (NASDAQ:AAPL) yearly performance is 7.47% and net profit margin is 22.10%.
Key Performance indicators for Apple Inc. (NASDAQ:AAPL), in last 4 months the performance of AAPL was 4.20% while its price to sale ratio is 3.56 and price to book ratio is 8.74. Company gross margin stands at 38.10% whereas its return on investment (ROI) is 26.60%.
On 28 June 2019, Apple Inc. (NASDAQ:AAPL) stock price closed at $197.92 and during the active session Apple Inc. (NASDAQ:AAPL) traded 30.94 Million shares. The AAPL distance from 20 day simple moving average is 3.18% and distance from 50-Day simple moving average is 1.91%.The relative strength index for stock is 54.30 and Average true range of AAPL is 3.70.
Analyst’s mean target price for AAPL is $212.03 while analysts mean recommendation is 2.20. The Stock value has moved between $142.39 – 232.85 in last one year. AAPL market capitalization is 919019.74 with beta of 1.24. Company has 0.07% insider ownership.
Apple Inc. (NASDAQ:AAPL) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 8 of Thomson Reuters analysts, 19 given HOLD rating to the stock and 2 given UNDERPERFORM rating. Buy rating has been given by 15 analysts to the company stock.