Apple (AAPL)

Financial Performance

Apple's revenue in the last quarter was $94.9B, marking a 10.7% increase from the previous quarter but a year-over-year decrease of -20.6%. The gross profit stood at $43.9B, up by 10.6% from the previous quarter and down by -20% year over year. Operating income profit was $29.6B, up by 16.7% from the previous quarter and down by -26.7% year over year, indicating mixed profitability trends.

Stock Price

The stock is currently trading at $237.33, with an increase of 1.5% in the last month and a significant rise of 24.6% YoY.The RSI value is currently high at 72.51 suggesting that it might be overbought while the stock's robust performance is also reflected in its above average price compared to its historical trend as indicated by its current price being significantly higher than its 200-day moving average of $205.56.

Alternative Data Signals

Website traffic stands at an estimated monthly figure of approximately half a billion visitors although there has been a slight decline MoM (-7%) and YoY (-22%). In terms of social media presence Apple has seen growth across all platforms especially on TikTok (up by +53%). However employee sentiment seems slightly less positive with only about three-quarters reporting a positive business outlook; this figure remains stable MoM but shows a small decline YoY (-2%). Job postings remain unchanged which could suggest steady operational status.

Conclusion

Taking into account Apple's financial performance, stock price trends, technical indicators and alternative data signals, the analysis for Apple's stock is bullish. The company has shown strong revenue and profit growth despite some YoY declines, and its stock price continues to outperform. However, the slight decline in website traffic and employee sentiment might need monitoring in future.

Note: This AI Stock Analysis is based on data as of November 30. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Apple (AAPL), currently trading at $237.3, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.