Apple's one-year total return is well above the S&P 500's nearly 14%, but Yahoo Finance lists its forward P/E at 35.21, up from 25.71 in June 2025. June-quarter revenue rose 16% to $109.4 billion and diluted EPS climbed 29% to $2.02, driven by iPhone revenue that grew from $44.6 billion to $54.3 billion, while Services reached $30.7 billion versus $27.4 billion a year earlier. Operating cash flow for the first nine months of fiscal 2026 was $117 billion, and Apple repurchased $62.1 billion of shares. However, the third-quarter gross margin of 50.1% included about two percentage points from tariff refunds, which added $0.11 to diluted EPS, so part of the 29% EPS gain does not come from recurring operations.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Apple Has Outperformed the S&P 500, but is AAPL’s 35x Valuation Getting Ahead of its Growth?
Read the original on Yahoo Finance ↗
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/16/2026 | 343.47 |
| Change that session | +0.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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