Apple Inc. (NASDAQ:AAPL) ~ Analyst: Apple’s Overall Product Sales Are Gaining on Microsoft’s Windows

Apple Inc. (NASDAQ:AAPL) [at Wall St. Cheat Sheet] – Asymco recently took a close look at the ongoing market competition between Apple’s Macs and Windows-based PCs, and came to some interesting conclusions.
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Apple Inc. (AAPL), currently valued at $487.91B, started the session at $538.05.
 
During today’s session, AAPL traded between $537.66 to $543.24 with its 52-week range being $385.10 to $575.14.
 
AAPL shares are currently priced at 12.26x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 33.02x earnings multiple for the same period.
 
And for income investors, the company pays shareholders $12.20 per share annually in dividends, yielding 2.30%.
 
Consensus earnings for the current quarter by the 47 sell-side analysts covering the stock is an estimate of $14.07 per share, which would be $0.26 better than the year-ago quarter and a $0.26 sequential increase. Investors should also note that the full-year EPS estimate of $43.71 is a $3.96 improvement when compared to the previous year’s annual results.
 
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $57.38 Billion. If realized, that would be a 5.27% increase over the year-ago quarter.
 
More recently, Standpoint Research downgraded AAPL from Hold to Sell (Jan 6, 2014). Previously, UBS upgraded AAPL from Neutral to Buy.
 
The average price target for AAPL shares by the analysts covering the stock is $595.73, which is 10.72% above where the stock opened this morning.
 
Apple Inc. (NASDAQ:AAPL), together with subsidiaries, designs, manufactures and markets mobile communication and media devices, personal computing products and portable digital music players worldwide. Its products and services include iPhone, iPod, iPad and much more.
 
Tag Helper ~ Stock Code: AAPL | Common Company name: Apple | Full Company name: Apple Inc. (NASDAQ:AAPL) .

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