Apple Future Growth

Future criteria checks 2/6

Apple is forecast to grow earnings and revenue by 5.9% and 5.8% per annum respectively. EPS is expected to grow by 7.7% per annum. Return on equity is forecast to be 150.7% in 3 years.

Key information

5.9%

Earnings growth rate

7.7%

EPS growth rate

Tech earnings growth6.6%
Revenue growth rate5.9%
Future return on equity149.3%
Analyst coverage

Good

Last updated29 Oct 2023

Recent future growth updates

No updates

Recent updates

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Earnings and Revenue Growth Forecasts

NasdaqGS:AAPL - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/2026475,203117,173131,699147,0773
9/30/2025427,829106,457116,044130,59521
9/30/2024404,257100,082110,923123,44244
9/30/2023383,16895,546104,374116,99443
7/1/2023383,93394,760100,987113,072N/A
4/1/2023385,09594,32197,490109,584N/A
12/31/2022387,53795,17197,498109,190N/A
9/24/2022394,32899,803111,443122,151N/A
6/25/2022387,54299,633107,582118,224N/A
3/26/2022386,017101,935105,793116,426N/A
12/25/2021378,323100,555101,853112,241N/A
9/25/2021365,81794,68092,953104,038N/A
6/26/2021347,15586,80294,768104,414N/A
3/27/2021325,40676,31190,47399,591N/A
12/26/2020294,13563,93080,21988,921N/A
9/26/2020274,51557,41173,36580,674N/A
6/27/2020273,85758,42471,70680,008N/A
3/28/2020267,98157,21566,63675,373N/A
12/28/2019267,68357,52763,97073,217N/A
9/28/2019260,17455,25658,89669,391N/A
6/29/2019259,03455,69558,24569,004N/A
3/30/2019258,49057,17059,83071,856N/A
12/29/2018261,61259,43161,97375,831N/A
9/29/2018265,59559,53164,12177,434N/A
6/30/2018255,27456,12059,52373,660N/A
3/31/2018247,41753,31854,69767,844N/A
12/30/2017239,17650,52553,44365,284N/A
9/30/2017229,23448,35151,77464,225N/A
7/1/2017223,50746,65151,97864,602N/A
4/1/2017220,45745,730N/A66,564N/A
12/31/2016218,11845,217N/A65,595N/A
9/24/2016215,63945,687N/A66,231N/A
6/25/2016220,28847,797N/A63,173N/A
3/26/2016227,53550,678N/A67,527N/A
12/26/2015234,98853,731N/A75,007N/A
9/26/2015233,71553,394N/A81,266N/A
6/27/2015224,33750,737N/A81,041N/A
3/28/2015212,16447,808N/A76,308N/A
12/27/2014199,80044,462N/A70,765N/A
9/27/2014182,79539,510N/A59,713N/A
6/28/2014178,14438,555N/A56,371N/A
3/29/2014176,03537,707N/A53,944N/A
12/28/2013173,99237,031N/A52,910N/A
9/28/2013170,91037,037N/A53,666N/A
6/29/2013169,40437,748N/A52,894N/A
3/30/2013169,10439,672N/A55,255N/A
12/29/2012164,68741,747N/A56,728N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAPL's forecast earnings growth (5.9% per year) is above the savings rate (2.2%).

Earnings vs Market: AAPL's earnings (5.9% per year) are forecast to grow slower than the US market (13.7% per year).

High Growth Earnings: AAPL's earnings are forecast to grow, but not significantly.

Revenue vs Market: AAPL's revenue (5.8% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: AAPL's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AAPL's Return on Equity is forecast to be very high in 3 years time (150.7%).


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