Last $126.41 USD
Change Today -2.13 / -1.66%
Volume 56.5M
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apple inc (AAPL) Snapshot

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52 Week High
02/24/15 - $133.60
52 Week Low
04/15/14 - $73.05
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Current Stock Chart for APPLE INC (AAPL)

apple inc (AAPL) Details

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets; Mac, a line of desktop and portable personal computers; and iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, and iPod shuffle. The company also provides iTunes app and the iTunes Store; Mac App Store that allows customers to discover, download, and install Mac applications; iCloud, a cloud service; Apple Pay for making mobile payments; Apple TV, a portfolio of consumer and professional software applications; iOS and OS X operating systems software; iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite designed to help users create, present, and publish documents, presentations, and spreadsheets; and other application software, including Final Cut Pro, Logic Pro X, and its FileMaker Pro database software. In addition, it offers various Apple-branded and third-party Mac-compatible and iOS-compatible accessories, including headphones, cases, displays, storage devices, and various other connectivity and computing products and supplies. The company sells and delivers digital content and applications through the iTunes Store, App Store, iBooks Store, and Mac App Store; and sells its products through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. It serves consumers, and small and mid-sized businesses, as well as education, enterprise, and government customers. The company was founded in 1977 and is headquartered in in Cupertino, California.

92,600 Employees
Last Reported Date: 10/27/14
Founded in 1977

apple inc (AAPL) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.7M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $717.2K
Senior Vice President of Operations
Total Annual Compensation: $947.6K
Senior Vice President of Internet Software & ...
Total Annual Compensation: $947.6K
Senior Vice President of Retail & Online Stor...
Total Annual Compensation: $911.5K
Compensation as of Fiscal Year 2014.

apple inc (AAPL) Key Developments

Northern Trust Corporation Expands Apple Pay Options for Debit Cards

Northern Trust Corporation has announced the expansion of Apple Pay options to its debit cards, in addition to its credit cards. Northern Trust's technological advancements include Private Passport, a digital platform that gives clients personalized service and greater flexibility to manage their finances. Clients have embraced Northern Trust's mobile initiatives. More deposits are made through Northern Trust's Private Passport Mobile each day than in any single Northern Trust office location. Through Private Passport, clients can also access their banking, investment, mutual fund, trust and brokerage accounts anytime, anywhere. Private Passport Mobile is available for iPhone, iPad and Android. In addition to Private Passport Mobile, anyone interested in benefiting from the wealth management expertise of Northern Trust can download the Wealth Path app. The app, available on the iPad, delivers free insight and advice from Northern Trust experts customized to wealth management goals and objectives.

Apple, Inc., Google, Inc., Intel Corp. and Adobe Systems, Inc. Reaches Tentative $415 Million Settlement in Antitrust Hiring Case

Apple Inc., Google Inc., Intel Corp. and Adobe Systems Inc. reached a tentative $415 million settlement on a class-action lawsuit related to violation of antitrust laws on poaching each other's employees. The U.S. District Court in San Jose, California has granted preliminary approval for the settlement. U.S. District Judge Lucy Koh stated that the settlement avoids the complex and expensive litigation. The class-action lawsuit was filed in 2011 by about 64,000 current and former employees. The details on the settlement are currently not available. The trial was scheduled to begin on April 10. The settlement amount will be used to fund payouts to thousands of affected employees. However, it requires the approval of all the employees and final court approval, which could be granted in a hearing on June 9. The lawsuit alleged that the four technology companies conspired not to hire each others employees, a move that will not provide the employees the bargaining power. This limited wage hikes from 2005 to 2009 as it restricted their ability to move between jobs. The lawsuit was primarily filed based of emails of late Apple's co-founder Steve Jobs, former Google CEO Eric Schmidt, Google Co-founder Sergey Brin and some others that revealed plans to avoid hiring each others prized engineers. An earlier $324.5 million settlement reached by the parties in August 2014 was rejected by Koh in San Jose, California as one of the Adobe employees objected to it as being too low. Koh was seen then urging to hike the settlement to at least $380 million in order to match an earlier settlement. The companies increased their settlement off to $415 million in January.

Workers Accuse Apple Inc, Google Inc, Intel Corp and Adobe Systems Inc of Conspiring to Hold Down Salaries

Workers accusing Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries will try on March 2, 2015 to win approval of a $415 million settlement from a U.S. judge who rejected an earlier deal as too low. The plaintiffs alleged that Apple Inc, Google Inc, Intel Corp. and Adobe Systems Inc. agreed to avoid poaching each other's employees, thus limiting job mobility and, as a result, keeping a lid on salaries. The antitrust class action lawsuit was filed in 2011. It has been closely watched because of the possibility that big damages might be awarded and for the opportunity to peek into the world of some of the United States' elite tech firms. The case was based largely on emails in which Apple co-founder Steve Jobs, former Google Chief Executive Officer Eric Schmidt and some of their rivals detailed plans to avoid poaching each other's prized engineers.


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AT&T Inc $34.00 USD 0.00
China Mobile Ltd $102.80 HKD +1.70
General Electric Co $25.82 USD +0.16
Microsoft Corp $43.11 USD +0.055
Verizon Communications Inc $48.92 USD -0.15
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Valuation AAPL Industry Range
Price/Earnings 17.4x
Price/Sales 3.8x
Price/Book 6.1x
Price/Cash Flow 16.8x
TEV/Sales 3.4x

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