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How to buy Apple stock in Canada

Learn how to buy Apple stock in 5 easy steps.

Apple

NASDAQ: AAPL - USD

$157.40

+ $2.40 ( + 1.55%)

CONSUMER ELECTRONICS

Buy Apple Stocks

How to buy Apple stock

Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
Open an account. Provide your personal information and sign up.
Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
Search for the stock name – AAPL. Search for the stock by name or ticker symbol.
Buy the stock. Place your order. It's that simple.

Our top picks for where to buy Apple stock

CIBC Investor's Edge

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Easy to use platform
Low fees
Student and young investor discounts

Finder Award

Interactive Brokers

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Access to international stock exchanges
Low margin rates
Powerful research tools

National Bank Direct Brokerage

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Commission-free trading
Several account types available
Access to array of research tools

Our selection of top picks is based on the same criteria as our annual Stock Trading Platform Awards. This is updated yearly to reflect changes in the market.

"Best for" picks are those we've evaluated to be best for specific product features or categories – you can read our full methodology here. If we show a "Promoted" pick, it's been chosen from among our commercial partners and is based on factors that include special features or offers, and the commission we receive.

This isn't an exhaustive list of all the trading platforms out there. What's best for you depends on your own investing strategy, budget and financial goals.

What is Apple?

Apple Inc (APPL) is a US technology giant and the first company on Wall Street to surpass the $1 trillion market capitalization mark. The corporation designs and manufacturers personal electronic products like smartphones, tablets, desktop computers, wearables, televisions and headphones. The company is also a provider of cloud storage services as well as other well-known services such as the App Store and Apple Music. Apple has recently ventured into the payments space with Apple Pay and the Apple Card.

Latest Apple updates

Thursday, February 2: Apple released its earnings report for the first quarter ending December 31, 2022. Revenue is down 5% year over year ($117.2 billion). By US accounting standards, net income is down 13% year over year ($30 billion), and diluted earnings per share is down 11% year over year ($1.88).

Apple stock price (NASDAQ:AAPL)

Use our graph to track the performance of AAPL stocks over time.

Apple shares at a glance

Key figures

Information last updated 2023-03-15.

Latest market close	$155.00
52-week range	$123.98 - $178.53
50-day moving average	$144.33
200-day moving average	$147.56
Wall St. target price	$169.38
PE ratio	25.5595
Dividend yield	$0.91 (0.61%)
Earnings per share (TTM)	$5.97

Buy Apple stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 5 of 5

Name	Product	Available Asset Types	Stock Trading Fee	Account Fee	Table description	Signup Offer	Offer
CIBC Investor's Edge CIBC Investor's Edge		Stocks, Bonds, Options, Mutual Funds, ETFs	$4.95–$6.95	$0 if conditions met, or $100	An easy-to-use platform with access to a variety of tools to help you trade with confidence.	Get 100 free online stock or ETo 24F trades and up to $3,000 cash back. Conditions apply.	Get 100 free online stock or ETF trades and up to $3,000 cash back. Conditions apply.	Go to site View details	Compare	loading Fetching your data...
Interactive Brokers Interactive Brokers Finder Award		Stocks, Bonds, Options, ETFs, Currencies, Futures	min $1.00, max 0.5%	$0	Winner for Best Overall Broker in the Finder Stock Trading Platform Awards.	N/a		Go to site View details	Compare	loading Fetching your data...
FREE TRADES National Bank Direct Brokerage National Bank Direct Brokerage	FREE TRADES	Stocks, Bonds, Options, Mutual Funds, GICs	$0	$0 if conditions met, or $100		Get $0 commission on all transactions with promo code: finder	Get $0 commission on all transactions with promo code: finder	Go to site View details	Compare	loading Fetching your data...
Questrade Questrade		Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals	$4.95 - $9.95	$0	Opt for self-directed investing and save on fees or get a pre-built portfolio to take out some of the guesswork.	Get $50 in free trades when you fund your account with a minimum of $1,000.	Get $50 in free trades when you fund your account with a minimum of $1,000.	Go to site View details	Compare	loading Fetching your data...
Qtrade Direct Investing Qtrade Direct Investing		Stocks, Bonds, Options, Mutual Funds, ETFs, GICs	$6.95 - $8.75	$0 if conditions met, otherwise $25/quarter	Low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options.	Get up to $150 sign-up bonus. Use promo code BONUS150. Conditions apply. Ends June 30, 2023.	Get up to $150 sign-up bonus. Use promo code BONUS150. Conditions apply. Ends June 30, 2023.	Go to site View details	Compare	loading Fetching your data...

Is it a good time to buy Apple stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Apple price performance over time

Historical closes compared with the close of $155 from 2023-03-17

1 week (2023-03-13)	3.01%
1 month (2023-02-16)	N/A
3 months (2022-12-20)	17.16%
6 months (2022-09-20)	-1.21%

1 year (2022-03-16)	-2.88%
2 years (2021-03-19)	29.18%
3 years (2020-03-20)	229.24
5 years (2018-03-20)	175.24

Is Apple stock undervalued or overvalued?

Valuing Apple stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Apple's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Apple's P/E ratio

Apple's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Apple shares trade at around 26x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Apple's PEG ratio

Apple's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.7503. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Apple's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Apple's EBITDA

Apple's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $125.3 billion.

The EBITDA is a measure of a Apple's overall financial performance and is widely used to measure a its profitability.

Apple financials

Revenue TTM	$387.5 billion
Operating margin TTM	29.41%
Gross profit TTM	$170.8 billion
Return on assets TTM	19.57%
Return on equity TTM	147.94%
Profit margin	24.56%
Book value	$3.58
Market capitalisation	$2.4 trillion

TTM: trailing 12 months

Apple share dividends

Dividend payout ratio: 15.62% of net profits

Recently Apple has paid out, on average, around 15.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.61% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Apple shareholders could enjoy a 0.61% return on their shares, in the form of dividend payments. In Apple's case, that would currently equate to about $0.91 per share.

While Apple's payout ratio might seem low, this can signify that Apple is investing more in its future growth.

Apple's most recent dividend payout was on 16 February 2023. The latest dividend was paid out to all shareholders who bought their shares by 10 February 2023 (the "ex-dividend date").

Have Apple's shares ever split?

Apple's shares were split on a 4:1 basis on 31 August 2020. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Apple shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Apple shares which in turn could have impacted Apple's share price.

Apple share price volatility

Over the last 12 months, Apple's shares have ranged in value from as little as $123.9807 up to $178.5285. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Apple's is 1.2971. This would suggest that Apple's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Apple overview

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 TV, Apple Watch, Beats products, and HomePod. 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. In addition, the company offers various 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; 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.

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Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

How to buy Apple stock in Canada