Finder makes money from featured partners, but editorial opinions are our own.

How to buy Apple stock in Canada

Learn how to buy Apple stock in 6 easy steps.

Apple Inc. is a technology company headquartered in Cupertino, California. Founded in 1976 by Steve Jobs and Steve Wozniak, Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories worldwide. The company is known for the iPhone, Mac, iPad, Apple Watch, AirPods, Apple TV, Beats products and HomePod. Apple’s services segment includes the App Store, Apple Pay, Apple Card, Apple TV+, Apple Music and iCloud.

Apple is one of the world’s biggest tech companies by value, with a market capitalization of $2.62 trillion USD. It’s also the world’s largest tech company by revenue, with $383 billion USD in 2023 revenue.

How to buy shares in Apple

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. AAPL in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Best for Lowest Commissions

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

Go to site
CA & US trading
  • $1,200 cash reward or $1,200 Apple gift card
  • Low transaction fees
  • Easy-to-use app

Best for Beginners

Go to site
Easy to use app
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Latest updates for Apple

June 13, 2024: Apple briefly surpassed Microsoft on Wednesday to become the most valuable company in the world, after it announced its push into artificial intelligence during its developers conference keynote on Monday, according to CNBC.

June 11, 2024: Shares of Apple saw a muted response from its latest announcement at its Worldwide Developers Conference (WWDC) of a partnership with OpenAI — which Microsoft owns 49% of — to integrate ChatGPT with Siri, according to Yahoo Finance.

June 7, 2024: Apple’s Worldwide Developers Conference event kicks off Monday, June 10. Wall Street is eager to find out what Apple’s been cooking up over the past few months as its rivals have begun rolling out, or in some cases rolling back, their own generative AI offerings, according to Yahoo Finance.

May 31, 2024: Nvidia could soon surpass Apple to become the world's second-most valuable company, as the biggest beneficiary of the surge in adoption of AI applications takes on the iPhone maker that has been the largest Wall Street firm by market value for years, according to Reuters.

Is it a good time to buy Apple stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Apple's price performance, share price volatility, historical data and technicals.

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

Historical closes compared with the last close of $212.49

1 week (2024-06-06)7.92%
1 month (2024-05-14)12.00%
3 months (2024-03-14)23.10%
6 months (2023-12-14)7.55%
1 year (2023-06-14)14.24%
2 years (2022-06-14)56.90%
3 years (2021-06-14)63.91%
5 years (2019-06-13)10.25%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Apple under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Apple P/E ratio, PEG ratio and EBITDA.

Apple's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Apple's stocks trade at around 33x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Apple's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.2551. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

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 stock prices of multiple high-growth companies.

Apple's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $129.6 billion ($178 billion CAD).

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

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.

More on investing

More guides on Finder

Go to site