Apple Inc. designs and manufacturers information technology hardware and software and provides associated services.
Why would a value investor consider an investment in Apple Inc?
The first time we ran the value analysis on Apple on this site was in 2015. We have updated the report in 2016, 2018 and 2019. So, this is a new update at a time when the Apple share price has gone up a lot. Should value investors be concerned at trying to buy Apple at the current price?
Apple has just released Q1 Earnings for 2022 and it is possible to get an estimate of earnings around $8-9 per share for the financial year 2022. So, is Apple’s common stock good value at a price around $170. The answer is in the downloadable report.
The price action of the stock can be seen in the chart below.