Apple Inc. (AAPL)

Technology · Computer Hardware · Price $316.85
Updated: Sep 1, 2026
Revenue (TTM)
$466.8B
Trailing 12 Months
Growth Rate
5.72%
Log-Linear Regression (32Q)
Price/Sales
9.9x
Valuation Multiple
Revenue Per Share
$28.40
Sales / Shares
Gross Margin
48.65%
Pricing Power

📈 Revenue History (32 Quarters)

🧮 AAPL Revenue Breakdown

Revenue = Product Sales + Service Revenue + Other Income
Total Revenue (TTM) $466.8B
Less: Cost of Revenue $239.7B
Equals: Gross Profit $227.1B
Then: Operating Income $154.9B
Finally: Net Income $128.9B

Understanding Revenue

Revenue, also called sales or the "top line," represents the total income a company generates from its business activities before any costs are deducted. For AAPL, the trailing twelve month revenue is $466.8B.

Why Revenue Matters

Revenue is the foundation of all financial analysis. A company cannot have sustainable profits without revenue, and revenue growth often drives stock price appreciation. However, revenue alone doesn't tell the full story - it must be analyzed alongside profitability metrics.

AAPL's revenue growth rate of 5.72% (based on log-linear regression of 32 quarters) indicates modest positive growth.

Revenue vs Profitability Metrics

Free Cash Flow: $146.3B →

The cash remaining after capital expenditures. High revenue with negative FCF may indicate heavy reinvestment or poor cash conversion.

Owner Earnings: $134.6B →

Buffett's metric for true cash generation. Compares revenue's conversion to actual owner value.

Earnings Per Share: $8.71 →

Net income per share. The bottom line result of all revenue after costs, taxes, and interest.

Net Income: $128.9B

What remains after all expenses. Net margin shows what percentage of revenue becomes profit.

Price/Sales Ratio Analysis

AAPL's P/S ratio of 9.9x means investors pay $9.95 for every $1 of annual revenue. A P/S between 3-10 suggests investors expect continued growth and margin expansion.

Gross Margin: Revenue Quality

Gross margin of 48.65% shows how much of AAPL's revenue remains after direct costs. Gross margins between 40-60% are solid and typical of differentiated businesses.

Summary: AAPL Revenue Trend

Apple Inc. (AAPL) generated $466.8B in trailing twelve-month revenue, growing at 5.72% annually — positive but below the 10% level Zyberno considers strong growth. Apple Inc.'s gross margin of 48.65% is good for a Technology company — above the 40% threshold Zyberno applies to technology businesses where gross margin reflects software economics, IP value, or hardware pricing power, reflecting solid product economics. For complete financial analysis, view the full AAPL stock report on Zyberno.

Frequently Asked Questions

What is AAPL's current revenue?

Apple Inc.'s trailing twelve month (TTM) revenue is $466.8B, growing at 5.72% annually — positive but below the 10% level Zyberno considers strong growth.

Is AAPL's revenue growing?

Apple Inc. (AAPL) generated $466.8B in trailing twelve-month revenue, growing at 5.72% annually — positive but below the 10% level Zyberno considers strong growth. Apple Inc.'s gross margin of 48.65% is good for a Technology company — above the 40% threshold Zyberno applies to technology businesses where gross margin reflects software economics, IP value, or hardware pricing power, reflecting solid product economics.

What is AAPL's gross margin?

Apple Inc.'s gross margin of 48.65% is good for a Technology company — above the 40% threshold Zyberno applies to technology businesses where gross margin reflects software economics, IP value, or hardware pricing power, reflecting solid product economics.

What is AAPL's Price/Sales ratio?

AAPL's P/S ratio is 9.9x, meaning the market values the company at 9.9 times its annual revenue.

How does revenue differ from profit?

Revenue is the total income before any expenses, while profit (net income) is what remains after all costs. AAPL's revenue is $466.8B with a net income of $128.9B, showing a net profit margin of 27.6%.

📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
$0.01
🛡️
Margin of Safety
Valuation Gap
-2,810,904.2%
🎯
Expected Return
Projected Annual
-100.0%
Click any metric for full methodology and detailed analysis

📊 Full AAPL Stock Report

See AAPL's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

💵 AAPL Free Cash Flow

Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.

💰 AAPL Owner Earnings

Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.

📈 AAPL Earnings Per Share

Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.

🎯 AAPL Earnings Surprise (SUE)

See whether AAPL is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

📊 AAPL Revenue

Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.

💰 AAPL Net Income

Analyze the bottom-line profit, P/E ratio, and net profit margin trends.

🔶 AAPL Operating Income

Analyze EBIT, operating margin, and core business profitability before interest and taxes.

💜 AAPL Gross Profit

Analyze gross margin, pricing power, and profitability before operating expenses.

View Full AAPL Report Find More Quality Stocks
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