Benzinga
Published Apr 09, 2024 16:00
Updated Apr 09, 2024 17:10
Market Analysis: Apple And Competitors In Technology Hardware, Storage & Peripherals Industry
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing Apple (NASDAQ:AAPL) alongside its primary competitors in the Technology Hardware, Storage & Peripherals industry. By meticulously examining crucial financial indicators, market positioning, and growth potential, we aim to provide valuable insights to investors and shed light on company's performance within the industry.
Apple Background Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
Apple Inc | 26.19 | 35.10 | 6.86 | 49.79% | $43.22 | $54.85 | 2.07% |
Super Micro Computer Inc | 72.62 | 17.66 | 5.72 | 11.29% | $0.37 | $0.56 | 103.25% |
Hewlett Packard Enterprise Co | 12.51 | 1.10 | 0.85 | 1.82% | $1.23 | $2.46 | -13.5% |
NetApp Inc | 24.10 | 21.97 | 3.66 | 35.49% | $0.46 | $1.15 | 5.24% |
Pure Storage Inc | 282.89 | 13.75 | 6.32 | 5.41% | $0.11 | $0.57 | -2.52% |
Corsair Gaming Inc | 398.67 | 1.85 | 0.87 | 0.94% | $0.03 | $0.1 | 4.65% |
Eastman Kodak Co | 7.88 | 0.45 | 0.43 | 0.21% | $0.03 | $0.05 | -9.84% |
AstroNova Inc | 28.48 | 1.48 | 0.91 | 3.06% | $0.0 | $0.01 | 5.45% |
Transact Technologies Inc | 10.65 | 1.27 | 0.69 | -0.16% | $0.0 | $0.01 | -26.13% |
Average | 104.72 | 7.44 | 2.43 | 7.26% | $0.28 | $0.61 | 8.33% |
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.dividend-frequency { font-size: 12px; color: #6c757d; } Through a detailed examination of Apple, we can deduce the following trends:
The debt-to-equity (D/E) ratio is an important measure to assess the financial structure and risk profile of a company.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When examining Apple in comparison to its top 4 peers with respect to the Debt-to-Equity ratio, the following information becomes apparent:
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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