# Apple Inc.  Share Price Target ‘$198.52’, now -9.9% Downside Potential

- Link: https://www.directorstalkinterviews.com/apple-inc.share-price-target-198.52-now-9.9-downside-potential/4121163637
- Published: 2024-07-04T11:37:08+01:00
- Author: Charlotte Edwards

**Apple Inc.** which can be found using ticker (AAPL) now have 37 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between $256.12 and $152.74 calculating
the mean target share price we have $198.52. (at the time of writing). Now with 
the previous closing price of $220.27 this would indicate that there is a downside
of -9.9%. It’s also worth noting that there is a 50 day moving average of $193.90
and the 200 day MA is $184.36. The company has a market cap of 3.40T. The current
share price for the company is: $221.55 USD

 The potential market cap would be $3,061,815,091,650 based on the market consensus.

The company has a dividend yield of 0.89%. Other points of data to note are a P/
E ratio of 34.51, revenue per share of $24.54 and a 22.07% return on assets.

Apple Inc. (Apple) designs, manufactures and markets smartphones, personal computers,
tablets, wearables and accessories and sells a range of related services. The Company’s
products include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products,
HomePod, iPod touch and accessories. The Company operates various platforms, including
the App Store, which allows customers to discover and download applications and 
digital content, such as books, music, video, games and podcasts. Apple offers digital
content through subscription-based services, including Apple Arcade, Apple Music,
Apple News+, Apple TV+ and Apple Fitness+. Apple also offers a range of other services,
such as AppleCare, iCloud, Apple Card and Apple Pay. Apple sells its products and
resells third-party products in a range of markets, including directly to consumers,
small and mid-sized businesses, and education, enterprise and government customers
through its retail and online stores and its direct sales force.

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