Apple Future Growth

Future criteria checks 2/6

Apple is forecast to grow earnings and revenue by 6.5% and 5.9% per annum respectively. EPS is expected to grow by 8.9% per annum. Return on equity is forecast to be 343.9% in 3 years.

Key information

6.5%

Earnings growth rate

8.9%

EPS growth rate

Tech earnings growth7.6%
Revenue growth rate5.9%
Future return on equity343.9%
Analyst coverage

Good

Last updated18 Jun 2024

Recent future growth updates

Recent updates

Apple: Don't Bet Against The iPhone (Rating Downgrade)

Jun 16

Wall Street Brunch: Who Holds Sway? Powell Or Cook?

Jun 09

Apple: Relatively Immune From AI Disruption

May 29

Apple May Have 'Jumped The Shark' In Q2 - Here's A Put Option Opportunity

May 17

Apple: According To My Estimates, 72.3M iPhones Will Need To Be Replaced This Year

May 08

Here's What Analysts Are Forecasting For Apple Inc. (NASDAQ:AAPL) After Its Second-Quarter Results

May 07
Here's What Analysts Are Forecasting For Apple Inc. (NASDAQ:AAPL) After Its Second-Quarter Results

Sell Apple Before Earnings? Why The Best Days Could Be Over

May 02

A Look At The Fair Value Of Apple Inc. (NASDAQ:AAPL)

Apr 30
A Look At The Fair Value Of Apple Inc. (NASDAQ:AAPL)

High-Quality Dividend Growth Near 52-Week Lows: Apple Is Attractive

Apr 21

We Think Apple (NASDAQ:AAPL) Can Manage Its Debt With Ease

Apr 16
We Think Apple (NASDAQ:AAPL) Can Manage Its Debt With Ease

Apple's Technical Climb To $240 By Year-End

Apr 15

Apple: Don't Worry About Short-Term Concerns

Apr 09

Risks To Shareholder Returns Are Elevated At These Prices For Apple Inc. (NASDAQ:AAPL)

Apr 02
Risks To Shareholder Returns Are Elevated At These Prices For Apple Inc. (NASDAQ:AAPL)

Apple: Issues Are Overblown But Outlook Is Uncertain

Apr 01

Apple Stock: Cupertino, We Have A Problem

Mar 25

Here's Why Apple (NASDAQ:AAPL) Has Caught The Eye Of Investors

Mar 20
Here's Why Apple (NASDAQ:AAPL) Has Caught The Eye Of Investors

Apple: My Dark Horse Of The Magnificent 7 Could Lead The Pack In The Second Half

Mar 19

Apple: The Stock May Be Broken

Mar 13

Wall Street Lunch: EU Fines Apple Over Music Streaming Rules

Mar 04

Apple: Uninspiring Growth Outlook

Feb 27

Here's Why Shareholders May Want To Be Cautious With Increasing Apple Inc.'s (NASDAQ:AAPL) CEO Pay Packet

Feb 22
Here's Why Shareholders May Want To Be Cautious With Increasing Apple Inc.'s (NASDAQ:AAPL) CEO Pay Packet

Apple Still Has A China Problem

Feb 18

Apple: Hitting The Mark, Time For A Breather (Technical Analysis, Downgrade)

Feb 08

Apple Inc. (NASDAQ:AAPL) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Feb 06
Apple Inc. (NASDAQ:AAPL) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Apple Still Spinning Its Wheels

Feb 01

Apple Problem: It's Underperforming The Index (Technical Analysis, Downgrade)

Jan 26

Estimating The Intrinsic Value Of Apple Inc. (NASDAQ:AAPL)

Jan 21
Estimating The Intrinsic Value Of Apple Inc. (NASDAQ:AAPL)

Apple: Time To Face The Harsh Reality (Downgrade)

Jan 18

Amazon And Apple Look To New Findings To Expand Competitive Streaming Advantages In 2024

Jan 12

Is It Time To Consider Buying Apple Inc. (NASDAQ:AAPL)?

Jan 05
Is It Time To Consider Buying Apple Inc. (NASDAQ:AAPL)?

Apple Inc.'s (NASDAQ:AAPL) Shareholders Might Be Looking For Exit

Dec 21
Apple Inc.'s (NASDAQ:AAPL) Shareholders Might Be Looking For Exit

Earnings and Revenue Growth Forecasts

NasdaqGS:AAPL - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/2026443,968117,711133,488144,67216
9/30/2025414,023108,997120,815133,50944
9/30/2024387,616101,421108,616118,12941
3/30/2024381,623100,389101,919110,563N/A
12/30/2023385,706100,913106,869116,433N/A
9/30/2023383,28596,99599,584110,543N/A
7/1/2023383,93394,760100,987113,072N/A
4/1/2023385,09594,32197,490109,584N/A
12/31/2022387,53795,17197,498109,190N/A
9/24/2022394,32899,803111,443122,151N/A
6/25/2022387,54299,633107,582118,224N/A
3/26/2022386,017101,935105,793116,426N/A
12/25/2021378,323100,555101,853112,241N/A
9/25/2021365,81794,68092,953104,038N/A
6/26/2021347,15586,80294,768104,414N/A
3/27/2021325,40676,31190,47399,591N/A
12/26/2020294,13563,93080,21988,921N/A
9/26/2020274,51557,41173,36580,674N/A
6/27/2020273,85758,42471,70680,008N/A
3/28/2020267,98157,21566,63675,373N/A
12/28/2019267,68357,52763,97073,217N/A
9/28/2019260,17455,25658,89669,391N/A
6/29/2019259,03455,69558,24569,004N/A
3/30/2019258,49057,17059,83071,856N/A
12/29/2018261,61259,43161,97375,831N/A
9/29/2018265,59559,53164,12177,434N/A
6/30/2018255,27456,12059,52373,660N/A
3/31/2018247,41753,31854,69767,844N/A
12/30/2017239,17650,525N/A65,284N/A
9/30/2017229,23448,351N/A64,225N/A
7/1/2017223,50746,651N/A64,602N/A
4/1/2017220,45745,730N/A66,564N/A
12/31/2016218,11845,217N/A65,595N/A
9/24/2016215,63945,687N/A66,231N/A
6/25/2016220,28847,797N/A63,173N/A
3/26/2016227,53550,678N/A67,527N/A
12/26/2015234,98853,731N/A75,007N/A
9/26/2015233,71553,394N/A81,266N/A
6/27/2015224,33750,737N/A81,041N/A
3/28/2015212,16447,808N/A76,308N/A
12/27/2014199,80044,462N/A70,765N/A
9/27/2014182,79539,510N/A59,713N/A
6/28/2014178,14438,555N/A56,371N/A
3/29/2014176,03537,707N/A53,944N/A
12/28/2013173,99237,031N/A52,910N/A
9/28/2013170,91037,037N/A53,666N/A
6/29/2013169,40437,748N/A52,894N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAPL's forecast earnings growth (6.5% per year) is above the savings rate (2.4%).

Earnings vs Market: AAPL's earnings (6.5% per year) are forecast to grow slower than the US market (14.8% per year).

High Growth Earnings: AAPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: AAPL's revenue (5.9% per year) is forecast to grow slower than the US market (8.7% per year).

High Growth Revenue: AAPL's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AAPL's Return on Equity is forecast to be very high in 3 years time (343.9%).


Discover growth companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.