Apple Future Growth

Future criteria checks 4/6

Apple is forecast to grow earnings and revenue by 10.2% and 6.5% per annum respectively. EPS is expected to grow by 11.9% per annum. Return on equity is forecast to be 184.2% in 3 years.

Key information

10.2%

Earnings growth rate

11.9%

EPS growth rate

Tech earnings growth	0%
Revenue growth rate	6.5%
Future return on equity	184.2%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BVC:AAPL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2027	478,996	132,628	158,366	178,661	14
9/30/2026	448,084	120,970	131,336	148,031	39
9/30/2025	414,572	110,836	123,680	133,929	39
9/28/2024	391,035	93,736	108,807	118,254	N/A
6/29/2024	385,603	101,956	104,339	113,041	N/A
3/30/2024	381,623	100,389	101,919	110,563	N/A
12/30/2023	385,706	100,913	106,869	116,433	N/A
9/30/2023	383,285	96,995	99,584	110,543	N/A
7/1/2023	383,933	94,760	100,987	113,072	N/A
4/1/2023	385,095	94,321	97,490	109,584	N/A
12/31/2022	387,537	95,171	97,498	109,190	N/A
9/24/2022	394,328	99,803	111,443	122,151	N/A
6/25/2022	387,542	99,633	107,582	118,224	N/A
3/26/2022	386,017	101,935	105,793	116,426	N/A
12/25/2021	378,323	100,555	101,853	112,241	N/A
9/25/2021	365,817	94,680	92,953	104,038	N/A
6/26/2021	347,155	86,802	94,768	104,414	N/A
3/27/2021	325,406	76,311	90,473	99,591	N/A
12/26/2020	294,135	63,930	80,219	88,921	N/A
9/26/2020	274,515	57,411	73,365	80,674	N/A
6/27/2020	273,857	58,424	71,706	80,008	N/A
3/28/2020	267,981	57,215	66,636	75,373	N/A
12/28/2019	267,683	57,527	63,970	73,217	N/A
9/28/2019	260,174	55,256	58,896	69,391	N/A
6/29/2019	259,034	55,695	58,245	69,004	N/A
3/30/2019	258,490	57,170	59,830	71,856	N/A
12/29/2018	261,612	59,431	61,973	75,831	N/A
9/29/2018	265,595	59,531	64,121	77,434	N/A
6/30/2018	255,274	56,120	N/A	73,660	N/A
3/31/2018	247,417	53,318	N/A	67,844	N/A
12/30/2017	239,176	50,525	N/A	65,284	N/A
9/30/2017	229,234	48,351	N/A	64,225	N/A
7/1/2017	223,507	46,651	N/A	64,602	N/A
4/1/2017	220,457	45,730	N/A	66,564	N/A
12/31/2016	218,118	45,217	N/A	65,595	N/A
9/24/2016	215,639	45,687	N/A	66,231	N/A
6/25/2016	220,288	47,797	N/A	63,173	N/A
3/26/2016	227,535	50,678	N/A	67,527	N/A
12/26/2015	234,988	53,731	N/A	75,007	N/A
9/26/2015	233,715	53,394	N/A	81,266	N/A
6/27/2015	224,337	50,737	N/A	81,041	N/A
3/28/2015	212,164	47,808	N/A	76,308	N/A
12/27/2014	199,800	44,462	N/A	70,765	N/A
9/27/2014	182,795	39,510	N/A	59,713	N/A
6/28/2014	178,144	38,555	N/A	56,371	N/A
3/29/2014	176,035	37,707	N/A	53,944	N/A
12/28/2013	173,992	37,031	N/A	52,910	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAPL's forecast earnings growth (10.2% per year) is above the savings rate (9%).

Earnings vs Market: AAPL's earnings (10.2% per year) are forecast to grow faster than the CO market (5.9% per year).

High Growth Earnings: AAPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: AAPL's revenue (6.5% per year) is forecast to grow faster than the CO market (3.4% per year).

High Growth Revenue: AAPL's revenue (6.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AAPL's Return on Equity is forecast to be very high in 3 years time (184.2%).

Apple Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

Key Executive recently sold Col$200b worth of stock

Apple Inc. Unveils Final Cut Pro 11

Xiao-I Corporation Provides Update on Shanghai Xiao-I's Patent Infringement Lawsuit Against Apple

Apple Reportedly Contemplating A Strategic Acquisition of Intel

Apple Introduces M4 Pro and M4 Max

Full year 2024 earnings released: EPS: US$6.11 (vs US$6.16 in FY 2023)

Apple’s new MacBook Pro features the incredibly powerful M4 family of chips and ushers in a new era with Apple Intelligence

Apple Announces the First Set of Apple Intelligence Features for iPhone, iPad, and Mac

Apple Inc. Introduces Powerful New iPad Mini Built for Apple Intelligence

FDA Authorizes Apple Inc. First Over-The-Counter Hearing Aid Software

Now 20% overvalued after recent price rise

Apple Reportedly in Talks to Invest in OpenAI

Apple Inc. Announces Chief Financial Officer Changes

Now 23% overvalued after recent price rise

Senior Director of Corporate Accounting recently sold Col$7.9b worth of stock

Third quarter dividend of US$0.25 announced

Senior VP recently sold Col$86b worth of stock

Third quarter 2024 earnings released: EPS: US$1.40 (vs US$1.27 in 3Q 2023)

Apple Inc. Declares Cash Dividend on Common Stock, Payable on August 15, 2024

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the 2019 Apple Securities Litigation

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Key Executive recently sold Col$56b worth of stock

Senior Director of Corporate Accounting recently sold Col$3.6b worth of stock

Apple Music Celebrates the Greatest Records Ever Made with the Launch of Inaugural 100 Best Albums List

Second quarter dividend of US$0.25 announced

Apple Unveils Stunning New iPad Pro with Most Advanced Display, M4 Chip, and Apple Pencil Pro

Second quarter 2024 earnings released: EPS: US$1.53 (vs US$1.53 in 2Q 2023)

Apple Inc. Declares Cash Dividend on Common Stock, Payable on May 16, 2024

Apple Inc. to Report Q2, 2024 Results on May 02, 2024

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies