A number of you have asked for Apple’s recent financial numbers, so I’ve added this spreadsheet which contains the quarterly figures going back ten years.Looking at Apple's Staggering Financial Performance -- Seeking Alpha
As you can see, Apple’s performance has been staggering. Sales and earnings growth is through the roof. Gross margins are around 35% and operating margins are near 20%. Most impressively, Apple has zero debt and a gigantic cash horde that comes to $27.55 a share.
Given Apple’s closing price on Friday of $82.33, that means that the “nuts of bolts” of the company are worth $54.78 a share, which is roughly 10 times trailing earnings.
Sunday, January 18, 2009
Looking at Apple's Staggering Financial Performance -- Seeking Alpha
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment