How Much Is Apple Worth?

Apple logo on a smartphone in front of a stock chart. Photo illustration in Paraguay - 15 Jul 2024
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Apple is one of the world’s largest technology companies, and with computers in every home and phones in every hand, it’s likely this success rate won’t change in the near future for Apple products or stock. Started in 1976 in California by founders Steve Jobs and Steve Wozniak, Apple has become a global money-making juggernaut for nearly half a century.

To see how much Apple is worth, take a look at this snapshot of the company’s current state, along with a discussion of the company’s history, value and future outlook.

Quick Take: Apple’s Net Worth

In its simplest form, a company’s net worth is its assets minus its liabilities. Shareholders’ equity, which likewise equals total assets minus total liabilities, is essentially a company’s net worth. Here are a few current key takeaways as of Feb. 27, 2025: 

  • Stock price: $240.36
  • Market cap: $3.61 trillion
  • 52-week high: $260.10
  • 52-week low: $164.08
  • P/E ratio: 38.28

Apple’s Worth: What Is Market Capitalization?

Market capitalization is simply the number of outstanding stock shares a company has issued times its current market price. So, for example, if a company has issued 1 million shares of stock and its share price is $50, the company has a market capitalization of $50 million.

Apple currently has about 15.17 billion shares outstanding, so take 15 billion and multiply it by the current stock price of $243.46 and you’ll get about $3.67 trillion, or, the market cap. 

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The market cap does have its drawbacks as an evaluation method, however. For starters, market cap changes frequently, and it’s closely tied to the company’s current share price. It doesn’t take into account any of the direct financial metrics of the company, such as earnings per share, growth rate or book value.

By way of comparison, the price-earnings ratio, or P/E ratio, is another popular valuation method and is also closely tied to a company’s market share price. The P/E ratio also relies heavily on a company’s earnings, which some investors feel is a more important determinant of a company’s valuation.

Essentially, it is calculated by dividing a company’s current stock price by its earnings per share, which shows how much investors are paying for each dollar of a company’s earnings. As of February 27, Apple’s P/E ratio is 38.28.

 

Apple’s Founders

Steve Jobs and Steve Wozniak met through a mutual friend and bonded over their love of technology. The two Steves co-founded Apple in 1976, laying the foundation for what would become one of the world’s most profitable companies, according to the Fortune Global 500 list.

Jobs would ultimately be fired from his own company in 1985, an anecdote he shared in his famous 2005 Stanford commencement address along with his comeback story. According to Forbes, Jobs’ net worth at the time of his death in 2011 was $7 billion. Current Apple Ceo Tim Cook’s net worth is an estimated $2.5 billion.

Key Product Lines Contributing to Revenue

Apple’s market is a consumer products haven. It makes a wide variety of communications devices, personal computers and other technological gadgets both in the Apple Store and the App Store. Some of its most well-known products are not only household names, but also seemingly unstoppable revenue generators, including:

  • iPad
  • iPhone
  • Mac
  • Apple Watch
  • Apple TV

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The company also offers services ranging from iCloud to Apple Pay, among others.

Apple’s Top Shareholders

With the exception of Berkshire Hathaway, the top shareholders of Apple stock are asset managers or mutual fund companies. As a group, institutional shareholders own a large percentage of all Apple shares. Here’s what the top shareholders list looks like as of Feb. 27, 2025:

  • The Vanguard Group Inc.: 9.29% of shares
  • BlackRock Inc.: 5.73% of shares
  • State Street Corporation: 3.96% of shares
  • Berkshire Hathaway Inc.: 2.00% of shares

Any of these shareholder percentages can change at any time, even dropping down all the way to 0%. Apple is a perennial Wall Street favorite, so these percentages may hold, but if the company’s fortunes turn sour, institutions may bail out at any time.

Final Take To GO: Is Apple Worth the Money?

The bottom line is that as a dyed-in-the-wool, blue-chip stock, Apple has been a great bet. However, with a stock price that has appreciated significantly over the year, it can no longer be considered “cheap,” but analysts still rate the stock a “buy” or “strong buy. Momentum may keep pushing this stock higher.

Share price is just one of the variables you should consider when investing in a specific stock. Your financial situation plays a large part in determining whether or not you should invest in stocks at all — let alone invest in a specific stock like Apple.

Working with a fiduciary financial advisor is a good way to delineate your investment objectives, risk tolerance and personal financial situation to determine if investing in stocks is a good match for you.

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Editor’s note: Information is accurate as of Feb. 27, 2025.

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