What You Need to Know about US’ First $2 Trillion Company – Apple Inc (NASDAQ:AAPL) (Guest Post)
Last Friday (21 August), I conducted a simple poll on The Singaporean Investor’s Telegram broadcast group (you can join the group here to receive the latest updates) to find out whether or not you will be interested to read about company analyses of US-listed companies written in “The Singaporean Investor” way, similar to my company analyses of Singapore-listed companies. A huge majority voted in favour of it so here I am!
This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241 followers.
The first US-listed company I am going to write about today is the first US$2 trillion company (in terms of its market capitalisation) in the United States – Apple Inc. (NASDAQ:AAPL). You can read the news report by New York Times about it here.
Another news about the company to highlight (in case you’re not aware) is that it will be doing a four-for-one stock split (meaning if you hold one share of Apple, after the share split, you will own 4 shares of the company; at the same time, the share price of the company will be divided by 4 after the share split), and shares will be trading at the new split-adjusted price from 31 August 2020.
In this post, I will be sharing with you all the researches I have done about the company – including a brief introduction about the company, along with its financial performances, debt profile, and dividend payouts over a 5-year period (between FY2015 and FY2019.) On top of that, you will also find a summary of the company’s performances for the first 9 months of the current financial year so far (the company has a financial year end on the last Saturday of September.) Finally, I will also be looking at the company’s 5-year historical valuations and compare it against the company’s current valuations (based on its current share price) to determine if the share price of Apple Inc is considered to be trading at a discount or at a premium currently.
Are you ready? Let’s begin…
