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Apple

About Apple Inc. (AAPL)

Founded in 1976 by Ronald Wayne, Steve Jobs, and Steve Wozniak, Apple Inc. has evolved into a technological behemoth, synonymous with cutting-edge innovation. With a staggering market capitalization surpassing $2.89 trillion, Apple stands as one of the world's largest corporations, boasting an extensive user base and flagship stores across major global cities. Show more

Product Range

Apple, initially a personal computer pioneer, has transformed consumer electronics with its line of iconic products, including the iPhone, Mac, Apple Watch, and iPad. Renowned for their meticulous design and attention to detail, Apple's products seamlessly integrate with services like Apple Pay and iCloud. Additionally, Apple enriches digital media experiences through iTunes, Apple TV+, Apple Music, Apple Books, and more.

Market Performance

  • 2023 Closing Stock Price: Apple Inc.'s stock (ticker: AAPL) concluded the year 2023 at a robust $192.53.
  • Annual Growth: The company witnessed an impressive annual growth of 48.18% in stock price.
  • Record High: On December 14, 2023, Apple's stock reached its peak closing price of $198.11.

Apple's financial year 2023 was marked by significant achievements. The company's sales soared to $383.285 billion, indicating the continuous popularity and market demand for its iPhone series and a diverse range of services. Notably, as of September 30, 2023, Apple maintained a strong net profit margin of 25.31%. This figure reflects the company's operational efficiency and its strong position in the global market.

Business Strategy

Apple's strategy hinges on product differentiation, focusing on four key aspects:

  • Focus on design and functionality of products.
  • Elevating customer satisfaction.
  • Strengthening the Apple ecosystem.
  • Diversifying into varied services to reduce reliance on iPhone sales.

Impact and Future Outlook

Apple's influence in shaping technology and user experiences is undeniable. The company continues to innovate, with future projects including augmented reality devices and advancements in artificial intelligence, ensuring Apple remains at the forefront of technological evolution.

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CFDs Stocks

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on EUR/USD

CFDs index

Spreads from

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US 500

CFDs Metals

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on spot gold

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from

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U.S. Stocks & Other Stocks

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500+

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