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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

How to buy Apple stock

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

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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

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

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

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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 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

16%

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".

AAPL.US volatility(beta: 1.3)Avg. volatility(beta: 1.00)LowHigh

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.

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.
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