Apple: Unlikely To Outperform The Market Going Forward

Nov. 20, 2022 9:29 PM ETApple Inc. (AAPL)SSNLF, XIACF, XIACY37 Comments
WideAlpha profile picture


  • Apple has been relying on incremental, rather than ground-breaking, innovation in recent years, and there is little visibility on the next revolutionary product.
  • Growth has decelerated across product lines and services, and the fact that Apple is not providing revenue guidance for the coming quarter is significant.
  • Shares are currently expensive, with a p/e around 24x, an EV/EBITDA of roughly 19x, and a dividend yield of less than half its ten-year average.
Flat Lay of different apple products on a grey background.

Shahid Jamil

While we believe Apple (NASDAQ:AAPL) will continue to be a very solid business for a long time, we are increasingly seeing signs that it will struggle to outperform the market going forward. There is no question that Apple shareholders did great

This article was written by

WideAlpha profile picture
Fin-tech startup leveraging machine learning technology to discover investing opportunities and to generate growth-optimal portfolios. Publisher of the WideAlpha AI-Selected Index, which has markedly outperformed its benchmark.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling shares, you should do your own research and reach your own conclusion, or consult a financial advisor. Investing includes risks, including loss of principal.

Recommended For You

Comments (37)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.