Apple Inc.: Founding and IPO
Apple Inc., currently the world's largest company by market capitalization, was founded on April 1, 1976. The company's Initial Public Offering (IPO) was offered on December 12, 1980, with each share priced at $22 at that time.
Key Financial Statistics (as of June 2025)
Metric
Value
Current Price
$203.27
Market Capitalization
$3.04 Trillion
52-week High
$260.10
52-week Low
$169.21
Price-to-Earnings Ratio (P/E)
28.67
Beta (vs. Nasdaq)
*Not explicitly available in recent data*
As of early June 2025, Apple's stock trades at $203.27, maintaining a colossal market capitalization of $3.04 trillion. The stock's price range over the last 52 weeks saw it reach a high of $260.10 and a low of $169.21. The P/E Ratio stands at 28.67, indicating that investors are willing to spend $28.67 for every $1 of the company's earnings. While the specific beta value for comparison with Nasdaq was not explicitly found in the latest data, Apple's stock generally exhibits volatility relative to the broader market.
Previous 5 Quarters' Results (in Billion USD)
Quarter
Sales (billion USD)
Net Profit (billion USD)
Q2 2025 (Mar)
95.36
24.78
Q1 2025 (Dec)
124.30
36.33
Q4 2024 (Sep)
94.93
14.74
Q3 2024 (Jun)
85.78
21.45
Q2 2024 (Mar)
90.75
23.64
Reviewing Apple's quarterly performance, in the second quarter of 2024 (ending March 2024), sales were $90.75 billion. Moving to the third quarter of 2024 (ending June 2024), sales decreased to $85.78 billion, a reduction of approximately $4.97 billion. However, sales saw a significant rebound in Q4 2024 (ending September 2024) to $94.93 billion, and then surged in Q1 2025 (ending December 2024) to $124.30 billion, marking a strong holiday quarter. For the latest Q2 2025 (ending March 2025), sales came in at $95.36 billion.
Regarding net profit, in Q2 2024, Apple reported $23.64 billion. Net profit saw an increase to $21.45 billion in Q3 2024. In Q4 2024, net profit was $14.74 billion. It then significantly jumped to $36.33 billion in Q1 2025. For the most recent quarter, Q2 2025, net profit was $24.78 billion.
Today, where every device, whether Android or a laptop's OS, can be easily subjected to government surveillance through tools like Pegasus, mobile phones are crucial for security. While they make our lives much easier, our privacy becomes incredibly important.
If Apple claims its A18 chip is surveillance-proof, offering hardware-level security that prevents anyone from accessing data, and knowing that Apple's security is generally superior to others, it's interesting that their quarterly sales have increased compared to the previous quarter.
Despite having so much user data, Apple's absence from the main AI race with other US companies like OpenAI (ChatGPT), Google (Gemini), and Meta is surprising. However, it's perfectly fine if users get true privacy, ensuring they aren't subjected to political surveillance, which could be quite life-saving.