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AppleAAPL

NASDAQ

Electronic Computers

$291.52-1.63%

AI Multi-Horizon Analysis

Short-term65% confidence
Bearish

1m and 15m momentum is soft with RSI below 40 and price below short EMAs; near-term risk to $309.63–$309.77 support.

Mid-term60% confidence
Neutral

1H structure still above EMA 50 and SMA 200, but daily RSI overbought and insider selling create a cautious near-term range.

Long-term80% confidence
Bullish

Four-period trends show rising gross margin, positive working capital shift, declining long-term debt, and improving debt/equity; FCF remains robust.

Overall AI View72% confidence
Bullish

Strong multi-quarter financial improvement in liquidity, leverage, and gross margins supports a bullish bias despite short-term technical cooling and recent insider sales.

Detailed AI Fundamental Analysis

Business Snapshot

  • Apple Inc. (AAPL) is a NASDAQ-listed common stock trading in USD. SEC linkage matches Apple Inc., CIK 0000320193.
  • Current quoted price in the provided data is around $310.28, with the session showing a wide range: low $290.23 / high $313.26. Market status is pre-market, and the active timeframe is 1H.
  • No sector/industry classification was provided in the payload, so this briefing does not assume one.
  • The stock has had a very strong longer-term tape in the supplied data: the 1D 200-bar window rose from $227.92 to $310.85, a gain of +36.39%, while the latest daily RSI is very elevated at 86.65.

Financial Trends

  • Revenue trajectory

    • Latest reported revenue was $111.184B for 2026-03-28, down $32.572B QoQ from $143.756B in 2025-12-27.
    • Versus 2025-06-28 revenue of $94.036B, latest revenue is up $17.148B, or roughly +18.2%.
    • Important comparability note: the 2025-09-27 period is a 10-K annual figure showing $416.161B, while the other listed periods are 10-Q quarterly figures. That makes direct sequential comparison to the annual period less meaningful. On a latest-versus-four-periods-ago basis, however, the latest quarterly revenue is meaningfully above the June 2025 quarterly level.
  • Profitability and margins

    • Gross margin improved steadily across the provided periods: 46.49% in 2025-06-28, 46.91% in 2025-09-27, 48.16% in 2025-12-27, and 49.27% in 2026-03-28.
    • Latest gross margin is up +1.11 percentage points QoQ from 48.16% and up +2.78 percentage points from 46.49% four periods ago.
    • Operating margin was 29.99% in 2025-06-28, 31.97% in 2025-09-27, 35.37% in 2025-12-27, then eased to 32.28% in 2026-03-28.
      • Latest operating margin declined -3.09 percentage points QoQ, but remains +2.29 percentage points above the June 2025 level.
    • Net margin followed a similar pattern: 24.92% → 26.92% → 29.28% → 26.60%.
      • Latest net margin fell -2.68 percentage points QoQ, but is still +1.68 percentage points above the June 2025 level.
    • Latest net income was $29.578B, down $12.519B QoQ from $42.097B, but up $6.144B from $23.434B in 2025-06-28.
    • Latest diluted EPS was $2.01, down from $2.84 QoQ, but up from $1.57 four periods ago.
  • Free cash flow and cash generation

    • Latest cash from operations was $82.627B, up $28.702B QoQ from $53.925B, and slightly above $81.754B in 2025-06-28.
    • Latest capital expenditures were $4.344B, up from $2.373B QoQ, but below $9.473B in 2025-06-28.
    • Latest free cash flow was $78.283B, up $26.731B QoQ from $51.552B, and up $6.002B from $72.281B four periods ago.
    • The four-period FCF path is $72.281B → $98.767B → $51.552B → $78.283B. That is volatile, partly affected by the annual-period comparability issue at 2025-09-27, but the latest period shows a strong rebound from the December 2025 quarter.
  • Balance-sheet trajectory

    • Total assets were $371.082B latest, down $8.215B QoQ from $379.297B, but up $39.587B from $331.495B four periods ago.
    • Total liabilities declined sharply to $264.591B, down $26.516B QoQ from $291.107B, and slightly below $265.665B four periods ago.
    • Shareholders’ equity improved materially to $106.491B, up $18.301B QoQ and up $40.661B from $65.830B four periods ago.
    • Current ratio improved steadily: 0.87 → 0.89 → 0.97 → 1.07. Working capital moved from -$18.629B to -$17.674B to -$4.263B, then turned positive at +$9.473B latest.
    • Long-term debt decreased each period: $82.430B → $78.328B → $76.685B → $74.404B.
      • Latest long-term debt is down $2.281B QoQ and down $8.026B from four periods ago.
    • Debt/equity improved significantly from 1.25 to 1.06 to 0.87 to 0.70, reflecting both lower long-term debt and rising equity.
    • Shares outstanding declined from 14.856722B to 14.667688B, a reduction of about 189.034M shares over the four provided balance-sheet periods.

Financial Health

  • The latest period shows strong financial health, especially from a liquidity and balance-sheet trend perspective:
    • Current assets of $144.114B exceed current liabilities of $134.641B, producing positive working capital of $9.473B.
    • This is a clear improvement from negative working capital in the prior three periods, including -$4.263B in 2025-12-27 and -$18.629B in 2025-06-28.
  • The balance sheet is trending more conservative:
    • Long-term debt has declined for four consecutive provided periods, from $82.430B to $74.404B.
    • Debt/equity has fallen from 1.25 to 0.70, indicating improving leverage metrics.
    • Shareholders’ equity rose to $106.491B, up $40.661B from four periods ago.
  • Profitability remains high, but the latest quarter did show some cooling from the prior quarter:
    • Revenue declined $32.572B QoQ.
    • Operating margin fell from 35.37% to 32.28%.
    • Net margin fell from 29.28% to 26.60%.
  • The offset is cash generation:
    • Latest FCF of $78.283B rebounded strongly from $51.552B QoQ.
    • Cash and equivalents ended at $45.572B, nearly flat QoQ from $45.317B, but up from $36.269B four periods ago.
  • Overall interpretation: the provided data points to a company with very strong cash generation, improving liquidity, lower leverage, and expanding gross margin, though the latest quarter shows sequential revenue and operating-margin normalization after the strong December 2025 period.

Insider Activity

  • Insider sentiment for 2026-02-27 to 2026-05-28 is marked Neutral (-10) in the payload.
  • Reported insider activity shows:
    • $0.00 of buys across 0 transactions.
    • $140.125M of sells across 19 transactions.
    • Net insider activity: -$140.125M.
  • Recent Forms 4/5 transactions from 2026-04-28 to 2026-05-28 include:
    • Ben Borders sold 1,274 shares at $290, totaling $369,460, transaction dated 2026-05-08, filed 2026-05-12.
    • Arthur D. Levinson sold 149,527 shares at $284.57, totaling $42.551M, and 100,473 shares at $285.04, totaling $28.639M, both transaction dated 2026-05-06, filed 2026-05-08.
    • A separate listed transaction shows 5,000 shares at $0, totaling $0.00.
  • Trading interpretation:
    • The absence of insider buying and the sizable insider sales are not bullish on their own, but the provided sentiment classification is still Neutral, not strongly negative.
    • The reported sale prices around $284–$290 are below the current quoted area near $310, meaning the stock has traded higher after at least some of the recent sales.

Multi-Timeframe Technical Context

  • Ultra-short-term: 1m

    • The 1m tape is slightly soft: 200 bars moved from $310.61 to $310.10, down -0.16%.
    • RSI is subdued at 39.06, and MACD is slightly negative at -0.0474 versus signal -0.0366.
    • Price is below short moving averages: EMA 12 $310.15, EMA 26 $310.20, EMA 50 $310.24, and SMA 200 $310.66.
    • Bollinger range is tight: $309.94 to $310.50, with price near the lower half. This suggests short-term compression and mild downside pressure unless price reclaims the $310.20–$310.50 zone.
  • Short-term: 5m and 15m

    • The 5m 200-bar window is positive overall, rising from $308.23 to $310.10, or +0.61%, but the current setup is mixed.
    • 5m RSI is neutral-soft at 45.71, with MACD -0.1252 slightly above signal -0.1304, suggesting downside momentum may be stabilizing but not yet strongly bullish.
    • 5m price sits below EMA 12 $310.21, EMA 26 $310.33, EMA 50 $310.49, SMA 50 $310.66, and SMA 200 $310.62.
    • The 15m view is more pressured: RSI is 28.20, near oversold, and MACD -0.1614 is below signal -0.0876.
    • 15m price at $310.10 is below SMA 20/SMA 50 $310.70 and below EMA 12 $310.42 / EMA 26 $310.58 / EMA 50 $310.55.
    • However, 15m price remains above the 15m SMA 200 of $309.63 and near the Bollinger lower band of $309.77, so this is a key near-term support area.
  • Hours-to-days: 1H

    • The 1H 200-bar trend is strong: $292.9543 to $310.10, up +5.85%.
    • But the latest 1H momentum is cooling: RSI 14 is 28.17, while MACD 0.3471 is below signal 0.5165.
    • Price is below EMA 12 $310.50 and slightly below SMA 20 $310.46, but still above EMA 26 $310.15, EMA 50 $308.93, SMA 50 $309.70, and far above SMA 200 $300.77.
    • The 1H Bollinger bands are $308.00 lower / $310.46 middle / $312.93 upper. Price near $310.10 is just below the middle band, suggesting the market is testing whether the recent uptrend can consolidate rather than break.
  • Longer-term: 1D

    • The daily chart remains strongly bullish but overextended.
    • The 1D 200-bar move is +36.39%, from $227.92 to $310.85.
    • Price is well above key daily moving averages:
      • EMA 12: $301.02
      • EMA 26: $290.75
      • EMA 50: $280.82
      • SMA 20: $293.39
      • SMA 50: $272.88
      • SMA 200: $262.40
    • Daily MACD is positive at 10.2686 versus signal 9.4234.
    • The risk is overbought conditions: daily RSI is 86.65, and price is near the upper Bollinger band of $317.50.
    • Technical takeaway: the long-term trend is bullish, but the stock is stretched; near-term pullbacks or sideways consolidation would be normal after this kind of daily RSI reading.

Bull / Bear Cases

  • Short-term bull case

    • The stock remains above important 1H trend markers like EMA 50 $308.93, SMA 50 $309.70, and far above SMA 200 $300.77.
    • 15m RSI at 28.20 and 1H RSI at 28.17 indicate short-term oversold conditions within a larger uptrend, which can support bounce attempts.
    • A reclaim of the $310.46–$310.70 area would put price back above the 1H Bollinger middle band and 15m/5m moving-average cluster.
    • The session high at $313.26 is the first major breakout reference, with daily Bollinger upper band near $317.50 as a higher technical extension level.
  • Short-term bear case

    • The 1m, 5m, 15m, and 1H indicators show near-term momentum deterioration: price is below many short-term EMAs/SMAs, and 15m/1H RSI readings are weak.
    • Failure to hold the $309.77–$309.63 area, which includes the 15m lower Bollinger band and 15m SMA 200, could invite a test of 1H EMA 50 $308.93 and then 1H Bollinger lower band $308.00.
    • Pre-market conditions can exaggerate moves; current 1H volume is far below its 20-bar average: 163,670 vs 2,014,327, so signals may be less reliable until regular-session liquidity improves.
  • Long-term bull case

    • Financial trends are supportive: latest gross margin of 49.27% is the highest in the four provided periods, up from 46.49% four periods ago.
    • Liquidity improved materially, with working capital moving from -$18.629B to +$9.473B.
    • Long-term debt declined from $82.430B to $74.404B, and debt/equity improved from 1.25 to 0.70.
    • Free cash flow remains very large at $78.283B latest, up $26.731B QoQ.
    • Share count declined from 14.856722B to 14.667688B, supporting per-share economics if the trend continues.

Financials

From SEC EDGAR · Period 2026-03-28 · Source form 10-Q

Income Statement · last 4 periods

 
2026-03-28
10-Q
2025-12-27
10-Q
2025-09-27
10-K
2025-06-28
10-Q
Revenue$111.18B$143.76B$416.16B$94.04B
Gross Profit$54.78B$69.23B$195.20B$43.72B
Operating Income$35.88B$50.85B$133.05B$28.20B
Net Income$29.58B$42.10B$112.01B$23.43B
EPS (Diluted)$2.01$2.84$7.46$1.57
Gross Margin49.27%48.16%46.91%46.49%
Operating Margin32.28%35.37%31.97%29.99%
Net Margin26.60%29.28%26.92%24.92%

Balance Sheet · last 4 periods

 
2026-03-28
10-Q
2025-12-27
10-Q
2025-09-27
10-Q
2025-06-28
10-Q
Total Assets$371.08B$379.30B$359.24B$331.50B
Total Liabilities$264.59B$291.11B$285.51B$265.67B
Shareholders' Equity$106.49B$88.19B$73.73B$65.83B
Cash & Equivalents$45.57B$45.32B$35.93B$36.27B
Long-term Debt$74.40B$76.69B$78.33B$82.43B
Current Ratio1.070.970.890.87
Debt / Equity0.700.871.061.25

Cash Flow · last 4 periods

 
2026-03-28
10-Q
2025-12-27
10-Q
2025-09-27
10-K
2025-06-28
10-Q
Cash from Operations$82.63B$53.92B$111.48B$81.75B
Cash from Investing-$11.05B-$4.89B$15.20B$17.78B
Cash from Financing-$61.94B-$39.66B-$120.69B-$93.21B
Capital Expenditures$4.34B$2.37B$12.71B$9.47B
Free Cash Flow$78.28B$51.55B$98.77B$72.28B

Income Statement

Revenue
$254.94B
Gross Profit
$124.01B
Operating Income
$86.74B
Net Income
$71.67B
EPS (Basic)
$4.87
EPS (Diluted)
$4.85

Balance Sheet

Total Assets
$371.08B
Total Liabilities
$264.59B
Shareholders' Equity
$106.49B
Cash & Equivalents
$45.57B
Long-term Debt
$74.40B
Shares Outstanding
14.69B

Cash Flow

Cash from Operations
$82.63B
Cash from Investing
-$11.05B
Cash from Financing
-$61.94B
Capital Expenditures
$4.34B
Free Cash Flow
$78.28B

Key Ratios

Gross Margin
48.64%
Operating Margin
34.02%
Net Margin
28.11%
Current Ratio
1.07
Debt / Equity
0.70
Free Cash Flow
$78.28B

Insider Activity

2 insider filings (2026-04-28 to 2026-05-28) — sourced directly from SEC Forms 4/5

Buys
$0.00 · 0
Sells
$71.56M · 4
Net
-$71.56M
Filings Parsed
2
Trade DateInsiderActionSharesPriceValue
2026-05-08Borders BenSell1,274$290.00$369.5K
2026-05-06LEVINSON ARTHUR DSell149,527$284.57$42.55M
2026-05-06LEVINSON ARTHUR DSell100,473$285.04$28.64M
2026-05-06LEVINSON ARTHUR DSell5,000$0.00$0.00

Key Stats

$3.91TMarket cap
$288.6252-week high
$193.2552-week low
42,321,608Avg volume (30d)

166,000 employees14.68B shares outstandinglisted 1980-12-12dividend yield 0.39%

Next earnings ~May 1, 2026 · Ex-dividend Feb 9, 2026 · Dividend $0.26 quarterly

About Apple

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Recent SimianX AI Analyses

  • decisionconfidence 90%

    MARKET STATE: AAPL is trading at $310.25 in pre-market, facing broad macro headwinds from sticky inflation data and a risk-off market tone. MY READ: Both technical indicators and market intelligence are aligned in a bearish direction, with no ticker-specific catalysts to decouple AAPL from the broader market slide. S&P 500 futures are slipping due to a hot PCE print, meaning AAPL is highly likely to trade lower as a high-beta proxy. MY ANALYSIS: The 1H technical trend is firmly bearish (strength 0.64), and macro sentiment is heavily weighed down by inflation concerns ("PCE running at a 3-year high") that delay any potential Fed rate cuts. As a long-only trader, fighting a bearish macro-driven tape without a clear structural break thesis is a low-probability, high-risk endeavor. The disciplined move here is to sit on our hands, preserve capital, and wait for the market to find a support level. AI DECISION (for next hours to half a day): Action: NO_TRADE Confidence: 0.90 Rationale: Both technical and fundamental indicators are aligned bearishly ahead of the market open. Under the hard trend rule, entering a long position is forbidden here as there is no structural reversal signal or positive catalyst to fight the prevailing downward momentum.

  • intelligenceconfidence 80%

    Sticky inflation and steady-rate expectations dominate, pressuring AAPL multiples with no offsetting ticker catalyst.

  • indicatorBearish

    1H engulfing bear at 310.1 with oversold RSI_14 but weak MACD and thin volume keeps the near-term bias negative.

  • intelligenceNeutralconfidence 80%

    No direct catalysts or significant news impacting AAPL; broader market optimism exists but does not specifically drive Apple stock direction.

  • indicatorBullish

    AAPL shows strong intraday bullish momentum with support near 300.31 and resistance around 303.24, but volume remains low, warranting cautious optimism.

  • decisionBullishconfidence 75%

    MARKET STATE: Pre-market consolidation with low volume and neutral sentiment amid macro uncertainties, forming an inside bar after a bullish pin bar. MY READ: AAPL shows fundamental bullishness with a competitive edge from iPhone updates, while technicals reveal short-term bearish momentum but potential reversal signals near support. Price is hugging key EMAs, poised for a breakout above 292.56 in the next 3-7 hours as regular hours liquidity kicks in. Low pre-market volume favors a limit pullback entry for better R:R. MY ANALYSIS: Synthesizing inputs, fundamentals (bull 0.75) outweigh neutral techs (0.50) and sentiment; the pin bar at support (291.8-291.06) screams buyer defense, with RSI poised to cross 50 on volume pickup. No chase needed—inside bar setup with ATR 1.19 suggests a realistic dip to 290.65 (0.53% below current) before EMA tests and upside to resistance. Pre-market thinness means tighter size, but trend alignment justifies entry now for regular session capture. R:R targets 1:3+ with stop below pin low. AI DECISION (for next 3-7 hours): Action: LONG Order Type: LIMIT Limit Order Price: $290.65 Expires In Minutes: 120 Confidence: 0.75 Notional USD: $5000 Stop Loss: 1.5% from entry Take Profit: 4.5% from entry Rationale: Limit at 0.53% discount targets the pin bar support/lower BB (291.06 area) for optimal fill probability in low-volume pre-market, avoiding chase tax while aligning with bullish fundamentals and reversal price action. Stop guards below proven support invalidation, with TP realistic at upper BB/resistance (294+) for 3:1 R:R in 3-7 hours. $5k size (50%) reflects high conviction on trend resumption despite neutral macro noise, scaled for pre-market liquidity.

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