AAPL
Apple (NASDAQ: AAPL) announced what it describes as its highest-ever use of recycled materials across its...
Article Summary
BUY- Apple (NASDAQ: AAPL) announced what it describes as its highest-ever use of recycled materials across its product lineup, underscoring continued efforts to reduce environmental impact and move toward a carbon-neutral supply chain by 2030.
- Apple, highlighted record progress in recycled material use across its products, highlighting its commitment to reducing carbon emissions and reducing environmental impact across its supply chain.
- The announcement highlights Apple's commitment to becoming carbon neutral by 2030, with the company aiming to reduce its carbon footprint by 40% by 2030 and reduce energy use by 20% by 2035.
- Apple emphasized recycled materials as a key component of its long-term supply chain strategy to reduce emissions and improve energy efficiency.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 10.1% | 25% | 50.0 ptsMeets Minimum (10.1%) - Passes screener |
| EPS Growth Next 5Y ? | 11.0% | 25% | 35.0 ptsBelow Screener (11.0%) - Modest outlook |
| Target Price Upside ? | 13.8% | 20% | 50.0 ptsMeets Minimum (13.8%) - Target: $299.66 vs Current: $263.40 |
| Gross Margin % ? | 47.3% | 15% | 60.0 ptsSolid (47.3%) - Decent margins |
| Drawdown from 52-Wk High ? | -8.7% | 15% | 20.0 ptsBarely a Dip (-8.7%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About AAPL
- Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
- The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories.
- It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms.
- In addition, the company offers various subscription-based services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV, which offers exclusive original content and live sports; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property.
- The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets.
- It distributes third-party applications for its products through the App Store.
- The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers and resellers.
- The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007.
- Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.