InvestingPort.com - Apple reported $207.06 B in cash... If you invested $10,000 in 2010, here is how much you would have made

Apple reported $207.06 B in cash... If you invested $10,000 in 2010, here is how much you would have made

By admin Jan, 29, 2020 Editors Pick

Apple reported it’s earnings earlier today, January 28, 2020, and the numbers were outstanding. The company saw growth in almost every area of its business.  Iphone sales, Apple watch sales, Cloud Service, Mac Book, and Apple Credit Card all are working well for apple right now.  This report is for the Q1 2020 earnings, apple crushed it and they are on their way to do better in the future. 


Revenue came in at $91.8 billion versus $88.4 billion expected

Earnings per share also came in at  $4.99 versus $4.55 expected

iPhone revenue blew the numbers, Apple reported $55.96 billion versus $51.50 billion expected

Services revenue: $12.72 billion versus 12.98 billion expected

Apple Earnings Q2 Expectation 


The Q2 2020 guidance was also above expectations for the tech giant, coming in at $63 billion to $67 billion compared to Wall Street estimates of $62.33 billion.

The company’s stock was up about 3% shortly after the announcement. And the stock was also up by 2.8 percent during the day before the report came out. The stock was trading at  $317.67 + 8.74 ( + 2.83%).

In January 2010, Apple was trading at $27.44 per share. If you invested $10,000 at $27.44 per share, you will own about 364.9 shares of Apple Stock. And by now, your $ 10,000 would have turned to $115,970 .803.  Yes, Apple is creeping to 2 trillion and it may get to 2 trillion this year.  


Apple provided the following guidance for its fiscal 2020 second quarter:
  1. revenue between $63.0 billion and $67.0 billion
  2. gross margin between 38.0 percent and 39.0 percent
  3. operating expenses between $9.6 billion and $9.7 billion
  4. other income/(expense) of $250 million
  5. tax rate of approximately 16.5 percent

Apple's Massive Cash Pile

Previous Q4 2019  -  $205.9 B

               Q3 2019 . -  $210.6B

                Q2 2019 . - $225.4 B

               Q1 2019 .  - $245.B


Apple Inc. (AAPL)

  • 2020-01-28 21:00:01
  • POSTPOST
  • NASDAQGS
  • DELAYED QUOTE
  • USD
PriceAAPL317.76
201020122014201620182020050100150200250300
VolumeAAPL628,815,008.00
20102012201420162018202002,000,000,0004,000,000,000
2012201420162018
52 Week Range
154.11 - 323.33
Key Stats
Open 312.60
 Day High 318.40
 Day Low 312.19
 Previous Close 308.95
52 Week High 323.33
 52 Week Low 154.11
 50 Day Average 295.76
 200 Day Average 244.59
Market Cap 1,392.8B
 Shares Out 4.4B
 Book Value 20.37
EPS 11.89
P/E 26.72
P/B 15.60

Tags: Apple AAPL Earnings Stock Market

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