{"id":2347,"date":"2026-07-31T14:29:54","date_gmt":"2026-07-31T12:29:54","guid":{"rendered":"https:\/\/mumak.me\/unkategorisiert\/valuation-analysis-apple\/"},"modified":"2026-09-03T19:37:01","modified_gmt":"2026-09-03T17:37:01","slug":"valuation-analysis-apple","status":"publish","type":"post","link":"https:\/\/mumak.me\/en\/research-insights\/valuation-analysis\/valuation-analysis-apple\/","title":{"rendered":"Valuation Analysis: Apple"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2347\" class=\"elementor elementor-2347 elementor-2039\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ab0bcff e-flex e-con-boxed e-con e-parent\" data-id=\"ab0bcff\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-528512e elementor-widget elementor-widget-mumak_score_card\" data-id=\"528512e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"overall\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail mumak-score-card__detail--overall\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-negative\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tAnalysis result: 4 out of 5 MUMAKS\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cecee3 elementor-widget elementor-widget-text-editor\" data-id=\"7cecee3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\"><strong data-start=\"439\" data-end=\"480\">First published: July 31, 2026<\/strong><br data-start=\"480\" data-end=\"483\" \/><strong data-start=\"486\" data-end=\"561\">Updated: July 31, 2026 | Closed: Intraday August 26, 2026<\/strong><\/p><p> <\/p><p><strong>Now on the watchlist.<\/strong><\/p><p> <\/p><p class=\"isSelectedEnd\">Apple has built one of the world\u2019s most valuable technology ecosystems around the <strong>iPhone<\/strong>, the <strong>Mac<\/strong>, the <strong>iPad<\/strong>, the <strong>Apple Watch<\/strong>, and a growing range of digital services.<\/p><p class=\"isSelectedEnd\">The latest quarterly results show that this business model continues to enable strong growth. In the June quarter, revenue rose by <strong>16% to $109.4 billion<\/strong>, while diluted earnings per share increased by <strong>29% to $2.02<\/strong>. <\/p><p>The <strong>iPhone<\/strong>, <strong>Mac<\/strong>, and <strong>Services<\/strong> segments each posted a new June-quarter revenue record.<\/p><h2>Rating<\/h2><h3>Geopolitics<\/h3><h4><b>Assessment<\/b><\/h4><p class=\"isSelectedEnd\">Apple generates revenue worldwide, but it still relies on a <strong>highly internationalized supply chain<\/strong>. A large share of production and many components are still sourced in Asia. As a result, trade relations between the <strong>U.S. and China<\/strong> remain a key factor influencing costs and production.  <\/p><p class=\"isSelectedEnd\">Recent trade agreements have reduced some of the uncertainty. Nevertheless, <strong>tariffs<\/strong>, <strong>export restrictions<\/strong>, and geopolitical tensions remain long-term risks. At the same time, Apple is pushing ahead with diversifying its production and expanding manufacturing capacity, including in <strong>India<\/strong> and <strong>Vietnam<\/strong>. Fully replacing existing production structures would, however, require significant time and investment.   <\/p><h5><strong>Opportunities<\/strong><\/h5><ul data-spread=\"false\"><li><strong>Geographic diversification of production<\/strong> increases the supply chain\u2019s resilience over the long term and reduces dependence on China.<\/li><li><strong>More than 2.5 billion active devices<\/strong> create a strong foundation for further growth in services, subscriptions, and AI applications.<\/li><li><strong>Investments in U.S. production and local suppliers<\/strong> could strengthen Apple\u2019s position with policymakers and limit the impact of future trade conflicts.<\/li><li><strong>Growth markets such as India and other Asian countries<\/strong> offer additional long-term potential for hardware and digital services.<\/li><\/ul><h5><strong>Risks<\/strong><\/h5><ul data-spread=\"false\"><li><strong>New tariffs or trade restrictions<\/strong> could increase production costs.<\/li><li><strong>The complex Asian supply chains<\/strong> can only be replaced gradually.<\/li><li><strong>Political tensions between the U.S. and China<\/strong> could hurt both production and demand in one of the most important sales markets.<\/li><li><strong>Different regulations in artificial intelligence, data protection, and digital platforms<\/strong>could delay the rollout of new products and services and lead to additional compliance costs.<\/li><\/ul><p><strong>Key takeaway: <\/strong>Apple\u2019s <strong>globally expanding ecosystem<\/strong> and the ongoing diversification of its supply chain currently outweigh the geopolitical risks.<\/p><p><b>MUMAK.me Evaluation Phase 1: positive = 1 MUMAK<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d83bd9 elementor-widget elementor-widget-mumak_score_card\" data-id=\"6d83bd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"geopolitik\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tRating Geopolitics: positiv\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7538b74 elementor-widget elementor-widget-text-editor\" data-id=\"7538b74\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3>Industry<\/h3><h4>Assessment<\/h4><p class=\"isSelectedEnd\">The technology sector is increasingly evolving from pure hardware toward <strong>integrated ecosystems<\/strong> that connect hardware, software, digital services, and <strong>artificial intelligence<\/strong>.<\/p><p class=\"isSelectedEnd\">Apple remains one of the companies with the industry\u2019s <strong>strongest competitive position<\/strong>. While the <strong>iPhone<\/strong>remains the most important source of revenue, the share of the high-margin <strong>services business<\/strong> continues to grow steadily. This includes, among other things, the <strong>App Store<\/strong>, <strong>iCloud<\/strong>, <strong>Apple Music<\/strong>, <strong>Apple TV+<\/strong>, and <strong>AppleCare<\/strong>.  <\/p><p class=\"isSelectedEnd\">At the same time, artificial intelligence is becoming the most important growth driver for the coming years. While companies such as <strong>Microsoft<\/strong>, <strong>Alphabet<\/strong>, and <strong>NVIDIA<\/strong> are investing heavily in cloud infrastructure and AI platforms, Apple is taking a different approach: integrating AI directly into its devices and operating systems. <\/p><h5>Valuation Comparison<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-109bfcc elementor-widget elementor-widget-Table\" data-id=\"109bfcc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"Table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"tafe-table \">\n\t\t\t<thead  class=\"tafe-table-header\">\n\t\t\t\t<tr>\n\t\t\t\t\t<th class=\"elementor-inline-editing elementor-repeater-item-a4af3fd\"   >Key Figure<\/th><th class=\"elementor-inline-editing elementor-repeater-item-3b3ef9b\"   >Apple 2026e<\/th><th class=\"elementor-inline-editing elementor-repeater-item-494d595\"   >Industry Average*<\/th><th class=\"elementor-inline-editing elementor-repeater-item-040e851\"   >Rating<\/th>\t\t\t\t<\/tr>\n\t\t\t<\/thead>\n\t\t\t\t\t\t<tbody class=\"tafe-table-body\">\n\t\t\t\t<tr>\n\t\t\t\t\t<td data-label=\"Key Figure\"   class=\"elementor-repeater-item-ca181a9 td-content-type-default\" ><b>P\/E Ratio<\/b><\/td><td data-label=\"Apple 2026e\"   class=\"elementor-repeater-item-24148b1 td-content-type-default\" >38.1x<\/td><td data-label=\"Industry Average*\"   class=\"elementor-repeater-item-4749714 td-content-type-default\" >approx. 22\u201326x<\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-4ab39d1 td-content-type-default\" >Weaker<\/td><\/tr><tr><td data-label=\"Key Figure\"   class=\"elementor-repeater-item-750ef14 td-content-type-default\" ><b>EBIT Margin<\/b><\/td><td data-label=\"Apple 2026e\"   class=\"elementor-repeater-item-b92892f td-content-type-default\" >33 %<\/td><td data-label=\"Industry Average*\"   class=\"elementor-repeater-item-2cd1740 td-content-type-default\" >approx. 20\u201328%<\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-2291d8d td-content-type-default\" >Stronger<\/td><\/tr><tr><td data-label=\"Key Figure\"   class=\"elementor-repeater-item-da9ce5b td-content-type-default\" ><b>Net margin  <\/b><\/td><td data-label=\"Apple 2026e\"   class=\"elementor-repeater-item-9492819 td-content-type-default\" >27 %  <\/td><td data-label=\"Industry Average*\"   class=\"elementor-repeater-item-8214b14 td-content-type-default\" >approx. 16\u201322%<\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-b07cd92 td-content-type-default\" >Stronger<\/td><\/tr><tr><td data-label=\"Key Figure\"   class=\"elementor-repeater-item-6f870ed td-content-type-default\" ><b>Revenue Growth<\/b><\/td><td data-label=\"Apple 2026e\"   class=\"elementor-repeater-item-1c7f62f td-content-type-default\" >approx. 9\u201310%<\/td><td data-label=\"Industry Average*\"   class=\"elementor-repeater-item-b58719b td-content-type-default\" >approx. 7\u20139%<\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-c2eaaef td-content-type-default\" >Stronger<\/td><\/tr><tr><td data-label=\"Key Figure\"   class=\"elementor-repeater-item-78d0c76 td-content-type-default\" ><b>Dividend Yield<\/b><\/td><td data-label=\"Apple 2026e\"   class=\"elementor-repeater-item-6a1058c td-content-type-default\" >approx. 0.3%<\/td><td data-label=\"Industry Average*\"   class=\"elementor-repeater-item-9799cb3 td-content-type-default\" >approx. 0.8\u20131.5%<\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-d2a6fcc td-content-type-default\" >Weaker<\/td>\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c43004 elementor-widget elementor-widget-text-editor\" data-id=\"9c43004\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\">*Peer group: Microsoft, Alphabet, Amazon, Meta Platforms, NVIDIA, and Samsung Electronics. Source: MarketScreener consensus estimates. <\/p><h5><strong>Opportunities<\/strong><\/h5><ul data-spread=\"false\"><li><strong>The growing services ecosystem<\/strong> increases the share of recurring, high-margin revenue.<\/li><li><strong>Artificial intelligence<\/strong> opens up new growth opportunities across hardware, software, and digital services.<\/li><li><strong>The steadily growing installed base<\/strong> strengthens customer loyalty and creates long-term monetization potential.<\/li><li><strong>The strong brand and high pricing power<\/strong> give Apple sustainable competitive advantages over many rivals.<\/li><\/ul><h5><strong>Risks<\/strong><\/h5><ul data-spread=\"false\"><li><strong>Competition in artificial intelligence<\/strong> is intensifying due to the heavy investments by major tech companies.<\/li><li><strong>The smartphone market<\/strong> is increasingly becoming a mature market, which could limit long-term growth in the hardware business.<\/li><li><strong>Regulatory intervention<\/strong> around the App Store and the digital ecosystem could impact future profitability.<\/li><\/ul><p><strong>Key takeaway:<\/strong> Apple\u2019s biggest competitive advantage today is <strong>no longer a single product<\/strong>, but a tightly integrated ecosystem that continues to gain value with every new device, every new service, and every AI integration.<\/p><p><b><span data-contrast=\"none\">MUMAK.me Evaluation Phase 2: positive = 1 MUMAK<\/span><\/b><span data-ccp-props=\"{}\"> <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4533829 elementor-widget elementor-widget-mumak_score_card\" data-id=\"4533829\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"branche\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tRating Industry: positiv\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-585f55e elementor-widget elementor-widget-text-editor\" data-id=\"585f55e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"color: inherit;font-size: 2rem\">Fundamentals<\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6daebec elementor-widget elementor-widget-text-editor\" data-id=\"6daebec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h4>Assessment<\/h4><p class=\"isSelectedEnd\">Apple delivered the <strong>strongest June quarter in its corporate history<\/strong>. Revenue rose by <strong>16% to $109.4 billion<\/strong>, while net income increased by <strong>27% to $29.8 billion<\/strong>. <\/p><p>The <strong>iPhone<\/strong> remained the most important growth driver. At the same time, the quarter once again showed that Apple is now far more broadly positioned. The <strong>Mac<\/strong> and <strong>Services<\/strong> segments also reached new record levels, underscoring the growing importance of the overall Apple ecosystem.  <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c8133e1 e-con e-atomic-element e-div-block-base image-container \" data-id=\"c8133e1\" data-element_type=\"e-div-block\" data-e-type=\"e-div-block\" data-interaction-id=\"c8133e1\" data-e-type=\"e-div-block\" data-id=\"c8133e1\">\n    \t\t\t<a href=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-scaled.png\" target=\"_self\" class=\"e-image-link-base\" data-interaction-id=\"6e7a07f\"\n\t><img fetchpriority=\"high\" decoding=\"async\" class=\"e-image-base \" data-e-type=\"widget\" data-id=\"6e7a07f\" id=\"7198\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-1024x640.png\" width=\"800\" height=\"500\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-1024x640.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-300x188.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-768x480.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-1536x960.png 1536w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/Apple_Finanzdaten-2048x1280.png 2048w\" alt=\"Apple_Financial_Data\"\/>\t<\/a>\t\t\n<\/div>\n\t\t<div class=\"elementor-element elementor-element-7013132 elementor-widget elementor-widget-text-editor\" data-id=\"7013132\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: right\"><i><span data-contrast=\"none\">Source: MarketScreener, as of July 2026.<\/span><\/i><span data-ccp-props=\"{\"> <\/span><\/p><h5>Financial performance<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0cb027 elementor-widget elementor-widget-Table\" data-id=\"e0cb027\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"Table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"tafe-table \">\n\t\t\t<thead  class=\"tafe-table-header\">\n\t\t\t\t<tr>\n\t\t\t\t\t<th class=\"elementor-inline-editing elementor-repeater-item-a4af3fd\"   >Metric <\/th><th class=\"elementor-inline-editing elementor-repeater-item-3b3ef9b\"   >Q3 FY 2026<\/th><th class=\"elementor-inline-editing elementor-repeater-item-7555826\"   >Q3 FY 2025<\/th><th class=\"elementor-inline-editing elementor-repeater-item-a93366f\"   >Change<\/th>\t\t\t\t<\/tr>\n\t\t\t<\/thead>\n\t\t\t\t\t\t<tbody class=\"tafe-table-body\">\n\t\t\t\t<tr>\n\t\t\t\t\t<td data-label=\"Metric\"   class=\"elementor-repeater-item-ca181a9 td-content-type-default\" ><b>Revenue<\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-24148b1 td-content-type-default\" ><b>$109.4 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-9ead601 td-content-type-default\" >$94.0 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-ae9250a td-content-type-default\" ><b>+16 %<\/b><\/td><\/tr><tr><td data-label=\"Metric\"   class=\"elementor-repeater-item-750ef14 td-content-type-default\" ><b>Operating Result <\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-74e75c0 td-content-type-default\" ><b>$35.7 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-2e81cbf td-content-type-default\" >$28.2 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-22cb8b1 td-content-type-default\" ><b>+27 %<\/b><\/td><\/tr><tr><td data-label=\"Metric\"   class=\"elementor-repeater-item-8c6bf1e td-content-type-default\" ><b>Net profit <\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-1b3f44c td-content-type-default\" ><b>$29.8 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-00ac5ba td-content-type-default\" >$23.4 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-ae55006 td-content-type-default\" ><b>+27 %<\/b><\/td><\/tr><tr><td data-label=\"Metric\"   class=\"elementor-repeater-item-da9ce5b td-content-type-default\" ><b>Diluted EPS  <\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-5197e42 td-content-type-default\" ><b>$2.02<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-852dabb td-content-type-default\" >$1.57<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-60be6c3 td-content-type-default\" ><b>+29 %<\/b><\/td>\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b77bb0f elementor-widget elementor-widget-text-editor\" data-id=\"b77bb0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"isSelectedEnd\"><em>Source: Apple Q3 FY 2026.<\/em><\/p><h5>Revenue by business segment<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55b5745 elementor-widget elementor-widget-Table\" data-id=\"55b5745\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"Table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"tafe-table \">\n\t\t\t<thead  class=\"tafe-table-header\">\n\t\t\t\t<tr>\n\t\t\t\t\t<th class=\"elementor-inline-editing elementor-repeater-item-a4af3fd\"   >Segment<\/th><th class=\"elementor-inline-editing elementor-repeater-item-3b3ef9b\"   >Q3 FY 2026<\/th><th class=\"elementor-inline-editing elementor-repeater-item-7555826\"   >Q3 FY 2025<\/th><th class=\"elementor-inline-editing elementor-repeater-item-a93366f\"   >Change<\/th>\t\t\t\t<\/tr>\n\t\t\t<\/thead>\n\t\t\t\t\t\t<tbody class=\"tafe-table-body\">\n\t\t\t\t<tr>\n\t\t\t\t\t<td data-label=\"Segment\"   class=\"elementor-repeater-item-ca181a9 td-content-type-default\" ><b>iPhone<\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-24148b1 td-content-type-default\" ><b>$54.3 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-9ead601 td-content-type-default\" >$44.6 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-4c7dd4f td-content-type-default\" ><b>+21,7 %<\/b><\/td><\/tr><tr><td data-label=\"Segment\"   class=\"elementor-repeater-item-750ef14 td-content-type-default\" ><b>Mac<\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-07fd0c4 td-content-type-default\" ><b>$10.4 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-b92892f td-content-type-default\" >$8.0 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-fb704d2 td-content-type-default\" ><b>+28,7 %<\/b><\/td><\/tr><tr><td data-label=\"Segment\"   class=\"elementor-repeater-item-8c6bf1e td-content-type-default\" ><b>iPad <\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-779c02b td-content-type-default\" ><b>$6.2 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-6654057 td-content-type-default\" >$6.6 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-929c4a0 td-content-type-default\" ><b>\u22125.9%<\/b><\/td><\/tr><tr><td data-label=\"Segment\"   class=\"elementor-repeater-item-da9ce5b td-content-type-default\" ><b>Wearables, Home &amp; Accessories<\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-77553e3 td-content-type-default\" ><b>$7.9 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-852dabb td-content-type-default\" >$7.4 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-55de6cf td-content-type-default\" ><b>+6,5 %<\/b><\/td><\/tr><tr><td data-label=\"Segment\"   class=\"elementor-repeater-item-6f870ed td-content-type-default\" ><b>Services<\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-2611824 td-content-type-default\" ><b>$30.7 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-f3ea3a8 td-content-type-default\" >USD 27.4 bn<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-c469ece td-content-type-default\" ><b>+12,1 %<\/b><\/td><\/tr><tr><td data-label=\"Segment\"   class=\"elementor-repeater-item-364c423 td-content-type-default\" ><b>Total revenue<\/b><\/td><td data-label=\"Q3 FY 2026\"   class=\"elementor-repeater-item-1632590 td-content-type-default\" ><b>$109.4 billion<\/b><\/td><td data-label=\"Q3 FY 2025\"   class=\"elementor-repeater-item-8b46539 td-content-type-default\" >$94.0 billion<\/td><td data-label=\"Change\"   class=\"elementor-repeater-item-23d5336 td-content-type-default\" ><b>+16,4 %<\/b><\/td>\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d532a79 elementor-widget elementor-widget-text-editor\" data-id=\"d532a79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h5><strong>Opportunities<\/strong><\/h5><ul data-spread=\"false\"><li><strong>Record results in the June quarter<\/strong> show broad-based growth across products, services, and regions.<\/li><li><strong>The high-margin services business<\/strong> continues to gain importance and provides stable, recurring earnings.<\/li><li><strong>Exceptionally strong cash generation<\/strong> enables ongoing investment, rising dividends, and one of the world\u2019s largest share buyback programs.<\/li><li><strong>More than 2.5 billion active devices<\/strong> provide a unique foundation for further growth in services and artificial intelligence.<\/li><\/ul><h5><strong>Risks<\/strong><\/h5><ul data-spread=\"false\"><li><strong>Future growth<\/strong> increasingly depends on expanding the services business and successfully integrating artificial intelligence as the smartphone market matures.<\/li><li><strong>Rising memory and component prices<\/strong> could weigh on margins in the coming quarters.<\/li><li><strong>Regulatory pressure on the App Store<\/strong> could affect the profitability of the services business over the long term.<\/li><\/ul><p class=\"isSelectedEnd\"><strong>Key takeaway:<\/strong> Apple continues to impress with <strong>strong growth<\/strong>, <strong>exceptional profitability<\/strong>, and <strong>cash generation<\/strong> that enables investment in innovation, dividends, and share buybacks alike. This keeps the foundation for further long-term growth very solid. <\/p><p><strong>MUMAK.me Assessment Phase 3: Positive = 1 MUMAK<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6b850f elementor-widget elementor-widget-mumak_score_card\" data-id=\"e6b850f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"fundamentals\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tRating Fundamentals: positiv\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c15ab35 elementor-widget elementor-widget-text-editor\" data-id=\"c15ab35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3>News, Analysts, and Market Sentiment<\/h3><h4>Assessment<\/h4><p class=\"isSelectedEnd\">The latest quarterly results have further strengthened the market\u2019s confidence in Apple\u2019s long-term growth strategy. Despite the sharp share price increase, analysts remain largely positive. Among <strong>46 analysts<\/strong>, the average recommendation is still <strong>&#8220;Outperform&#8221;<\/strong>.  <\/p><p>At the same time, the average price target of <strong>$322<\/strong> shows that the market has already priced in a large part of the positive development. In the short term, the key question will therefore be whether Apple can meet the high expectations in <strong>artificial intelligence<\/strong>. <\/p><h5><span class=\"TextRun SCXW143521436 BCX4\" lang=\"DE-AT\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW143521436 BCX4\" data-ccp-parastyle=\"heading 3\">Analyst Consensus<\/span><\/span><span class=\"EOP Selected SCXW143521436 BCX4\" data-ccp-props=\"{\"> <\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c391cb elementor-widget elementor-widget-Table\" data-id=\"9c391cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"Table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"tafe-table \">\n\t\t\t<thead  class=\"tafe-table-header\">\n\t\t\t\t<tr>\n\t\t\t\t\t<th class=\"elementor-inline-editing elementor-repeater-item-3f3f2e0\"   ><\/th>\t\t\t\t<\/tr>\n\t\t\t<\/thead>\n\t\t\t\t\t\t<tbody class=\"tafe-table-body\">\n\t\t\t\t<tr>\n\t\t\t\t\t<td data-label=\"\"   class=\"elementor-repeater-item-12cb466 td-content-type-default\" ><b>Average Recommendation<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-e2f92fe td-content-type-default\" ><b>ACCUMULATE<\/b>\n<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-e050aa7 td-content-type-default\" ><b>Number of Analysts <\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-f98ac57 td-content-type-default\" >47<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-bba0bf7 td-content-type-default\" ><b>Average Price Target<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-35f1c12 td-content-type-default\" >approx. $317 \n<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-e9b18d8 td-content-type-default\" ><b>Upside to the average target<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-19a0849 td-content-type-default\" >approx. \u22123.5%<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-91165f8 td-content-type-default\" ><b>Upper Target<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-8833fb8 td-content-type-default\" >$400\n<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-85848b8 td-content-type-default\" ><b>Lower Target<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-da32a54 td-content-type-default\" >$215\n<\/td>\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a62d68a elementor-widget elementor-widget-text-editor\" data-id=\"a62d68a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left\"><em>Source: MarketScreener, as of July 2026. <\/em><\/p><p><span data-ccp-props=\"{}\"> <\/span><\/p><h5><b><span data-contrast=\"none\">Interesting Fact<\/span><\/b><span data-ccp-props=\"{\"> <\/span><\/h5><h6 class=\"isSelectedEnd\">Since <strong>2012<\/strong>, Apple has returned <strong>more than $1 trillion<\/strong> to shareholders through share buybacks and dividends. This gives the company the <strong>largest share buyback program in corporate history<\/strong>\u2014an impressive testament to its exceptional cash generation. <\/h6><h5><strong>Opportunities<\/strong><\/h5><ul data-spread=\"false\"><li><strong>The record results from the past quarter<\/strong> strengthen confidence in Apple\u2019s long-term growth.<\/li><li><strong>The high-margin services business<\/strong> continues to develop steadily and provides recurring earnings.<\/li><li><strong>More than 2.5 billion active devices<\/strong> provide a unique base for further expansion of services and artificial intelligence.<\/li><li><strong>Strong cash generation<\/strong> enables ongoing investment, rising dividends, and extensive share buybacks.<\/li><\/ul><h5><strong>Risks<\/strong><\/h5><ul data-spread=\"false\"><li><strong>The market expects visible progress in artificial intelligence<\/strong>, increasing pressure to deliver.<\/li><li><strong>Intensifying competition<\/strong> in AI and the premium technology sector could affect growth expectations.<\/li><li><strong>Regulatory intervention<\/strong> around the App Store and the digital ecosystem remains an important long-term risk.<\/li><li><strong>The stock\u2019s high valuation<\/strong> leaves little room for disappointing results.<\/li><\/ul><p><span data-ccp-props=\"{}\"><strong>Key takeaway:<\/strong> <strong>Record results<\/strong> and high <strong>profitability<\/strong> underscore Apple\u2019s strong long-term growth potential.<\/span><\/p><p><b><span data-contrast=\"none\">MUMAK.me Evaluation Phase 4: Positive = 1 MUMAK<\/span><\/b><span data-ccp-props=\"{}\"> <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcd770f elementor-widget elementor-widget-mumak_score_card\" data-id=\"bcd770f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"sentiment\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-default\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tRating Market Sentiment: positiv\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c81523 elementor-widget elementor-widget-text-editor\" data-id=\"1c81523\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3>Technical Analysis<\/h3><h4>Assessment<\/h4><p class=\"isSelectedEnd\">Apple\u2019s technical picture is now neutral. Despite the strong quarterly results, the stock has to take a significant hit and is currently at <strong>USD 305<\/strong>. <\/p><p class=\"isSelectedEnd\">The price continues to move above the long-term uptrend line, but is now trading in the lower range of the <strong>Bollinger Bands<\/strong>. This points to ongoing strength and confirms the existing uptrend. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a0cf4e elementor-widget elementor-widget-Table\" data-id=\"0a0cf4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"Table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"tafe-table \">\n\t\t\t<thead  class=\"tafe-table-header\">\n\t\t\t\t<tr>\n\t\t\t\t\t<th class=\"elementor-inline-editing elementor-repeater-item-3f3f2e0\"   ><\/th>\t\t\t\t<\/tr>\n\t\t\t<\/thead>\n\t\t\t\t\t\t<tbody class=\"tafe-table-body\">\n\t\t\t\t<tr>\n\t\t\t\t\t<td data-label=\"\"   class=\"elementor-repeater-item-12cb466 td-content-type-default\" ><b>Indicator  <\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-e2f92fe td-content-type-default\" ><b>Rating<\/b>\n<\/td><td data-label=\"\"   class=\"elementor-repeater-item-b7ba19d td-content-type-default\" ><b>Interpretation <\/b>\n<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-e050aa7 td-content-type-default\" ><b>RSI (14) <\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-f98ac57 td-content-type-default\" ><b>Neutral<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-9400ee6 td-content-type-default\" >After the strong price rally, the RSI has cooled off significantly and is now in neutral territory. A previously overheated market situation has thus largely been worked off. <\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-bba0bf7 td-content-type-default\" ><b>MACD<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-f024334 td-content-type-default\" ><b>Negative<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-647b2e2 td-content-type-default\" >The MACD is running below the signal line and the zero line and could indicate a trend break.<\/td><\/tr><tr><td data-label=\"\"   class=\"elementor-repeater-item-e9b18d8 td-content-type-default\" ><b>Bollinger Bands <\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-05493db td-content-type-default\" ><b>Neutral<\/b><\/td><td data-label=\"\"   class=\"elementor-repeater-item-9bcb995 td-content-type-default\" >The stock is trading in the lower range of the Bollinger Bands.<\/td>\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f303364 elementor-widget elementor-widget-text-editor\" data-id=\"f303364\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h5><span class=\"TextRun SCXW195081715 BCX4\" lang=\"DE-AT\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW195081715 BCX4\" data-ccp-parastyle=\"heading 2\">Performance over the past weeks\/months<\/span><\/span><span class=\"EOP Selected SCXW195081715 BCX4\" data-ccp-props=\"{\"> (as of 30 July 2026)<\/span><\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-431bcad e-con e-atomic-element e-div-block-base image-container \" data-id=\"431bcad\" data-element_type=\"e-div-block\" data-e-type=\"e-div-block\" data-interaction-id=\"431bcad\" data-e-type=\"e-div-block\" data-id=\"431bcad\">\n    \t\t<div class=\"elementor-element elementor-element-214f482 elementor-widget elementor-widget-image\" data-id=\"214f482\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-scaled.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"AAPL 1 Day 4\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NzIxNSwidXJsIjoiaHR0cHM6XC9cL211bWFrLm1lXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDI2XC8wN1wvQUFQTC0xLWRheS00LXNjYWxlZC5wbmcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"2560\" height=\"1649\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-scaled.png\" class=\"attachment-full size-full wp-image-7215\" alt=\"\" srcset=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-scaled.png 2560w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-300x193.png 300w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-1024x660.png 1024w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-768x495.png 768w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-1536x989.png 1536w, https:\/\/mumak.me\/wp-content\/uploads\/2026\/07\/AAPL-1-day-4-2048x1319.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n<\/div>\n\t\t<div class=\"elementor-element elementor-element-8039a02 elementor-widget elementor-widget-text-editor\" data-id=\"8039a02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h5><strong>RSI (14)<\/strong><\/h5><h3 class=\"PDq2pG_selectionAnchorContainer\" data-section-id=\"1n1rzre\" data-start=\"1975\" data-end=\"1987\">RSI (14)<\/h3><p data-start=\"1988\" data-end=\"1999\"><strong data-start=\"1988\" data-end=\"1999\">Neutral<\/strong><\/p><ul data-start=\"2001\" data-end=\"2193\"><li data-section-id=\"1ineinr\" data-start=\"2001\" data-end=\"2047\">The RSI has fallen to around <strong data-start=\"2024\" data-end=\"2037\">40 points<\/strong>.<\/li><li data-section-id=\"urdihy\" data-start=\"2048\" data-end=\"2127\">Positive momentum has weakened significantly after the quarterly results.<\/li><li data-section-id=\"9phvfy\" data-start=\"2128\" data-end=\"2193\">An oversold situation has not yet been reached.<\/li><\/ul><p data-start=\"2195\" data-end=\"2213\"><strong data-start=\"2195\" data-end=\"2213\">Interpretation<\/strong><\/p><p data-start=\"2215\" data-end=\"2323\">The RSI signals a short-term correction, but does not yet provide a clear reversal signal.<\/p><h5><strong>MACD (12\/26\/9)<\/strong><\/h5><p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"2349\" data-end=\"2379\"><strong data-start=\"2349\" data-end=\"2379\">Neutral to slightly negative<\/strong><\/p><ul data-start=\"2381\" data-end=\"2560\"><li data-section-id=\"1d0pvgd\" data-start=\"2381\" data-end=\"2435\">The MACD has crossed below the signal line.<\/li><li data-section-id=\"1fnp16q\" data-start=\"2436\" data-end=\"2498\">The histogram is back in negative territory for the first time.<\/li><li data-section-id=\"1etha8h\" data-start=\"2499\" data-end=\"2560\">Short-term momentum has deteriorated significantly.<\/li><\/ul><p data-start=\"2562\" data-end=\"2580\"><strong data-start=\"2562\" data-end=\"2580\">Interpretation<\/strong><\/p><p data-start=\"2582\" data-end=\"2682\">The MACD currently points to ongoing consolidation as long as no new buy signal emerges.<\/p><h5><strong>Bollinger Bands (20)<\/strong><\/h5><p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"2715\" data-end=\"2726\"><strong data-start=\"2715\" data-end=\"2726\">Neutral<\/strong><\/p><ul data-start=\"2728\" data-end=\"2933\"><li data-section-id=\"1cmao6q\" data-start=\"2728\" data-end=\"2790\">Apple has fallen sharply from the upper Bollinger Band.<\/li><li data-section-id=\"1p4in0u\" data-start=\"2791\" data-end=\"2849\">The price is now moving within the Bollinger Bands.<\/li><li data-section-id=\"8woq5b\" data-start=\"2850\" data-end=\"2933\">The lower Bollinger Band could serve as technical support in the short term.<\/li><\/ul><p data-start=\"2935\" data-end=\"2953\"><strong data-start=\"2935\" data-end=\"2953\">Interpretation<\/strong><\/p><p data-start=\"2955\" data-end=\"3087\">The Bollinger Bands currently point more to a consolidation phase than to an immediate continuation of the upward move.<\/p><h2 class=\"PDq2pG_selectionAnchorContainer\" data-section-id=\"bzcl2h\" data-start=\"3094\" data-end=\"3104\">Opportunities<\/h2><ul data-start=\"3106\" data-end=\"3584\"><li data-section-id=\"450a8j\" data-start=\"3106\" data-end=\"3163\">The long-term uptrend remains intact.<\/li><li data-section-id=\"13wvji2\" data-start=\"3164\" data-end=\"3344\">The long-term trend line is currently in the <strong data-start=\"3226\" data-end=\"3245\">USD 290 to 295<\/strong> range and, together with horizontal support, forms an important technical catchment area.<\/li><li data-section-id=\"11r382r\" data-start=\"3345\" data-end=\"3484\">If the stock stabilizes above <strong data-start=\"3388\" data-end=\"3399\">USD 300<\/strong>, it could make another run at resistance at <strong data-start=\"3464\" data-end=\"3475\">USD 340<\/strong>.<\/li><li data-section-id=\"1ba03ft\" data-start=\"3485\" data-end=\"3584\">A sustained breakout above <strong data-start=\"3518\" data-end=\"3529\">USD 340<\/strong> would generate a new medium-term buy signal.<\/li><\/ul><h5> <\/h5><h5><strong>Risks<\/strong><\/h5><ul data-spread=\"false\"><li data-section-id=\"1od816g\" data-start=\"3603\" data-end=\"3687\">Short-term momentum has deteriorated significantly after the quarterly results.<\/li><li data-section-id=\"fs9jq6\" data-start=\"3688\" data-end=\"3785\">A drop below the support zone at <strong data-start=\"3736\" data-end=\"3747\">USD 300<\/strong> would further cloud the chart picture.<\/li><li data-section-id=\"10y717q\" data-start=\"3786\" data-end=\"3875\">Below that, the area around <strong data-start=\"3815\" data-end=\"3826\">USD 290<\/strong> comes into focus as the next key support.<\/li><li data-section-id=\"13bh044\" data-start=\"3876\" data-end=\"3996\">As long as the MACD does not deliver a new buy signal, the probability of ongoing consolidation remains elevated.<\/li><\/ul><p> <\/p><p><strong>Key takeaway<\/strong>: Despite significant profit-taking, Apple maintains an intact long-term uptrend. In the short term, however, momentum and market sentiment have weakened considerably. The $300 level now becomes crucial support. Should stabilization occur there, the overarching uptrend is likely to remain intact. A sustained breakout above $340 would subsequently serve as the next important technical buy signal.    <\/p><p><b><span data-contrast=\"none\">MUMAK.me Rating Phase 5: Neutral = 0 MUMAK<\/span><\/b><span data-ccp-props=\"{}\"> <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eeb2351 elementor-widget elementor-widget-mumak_score_card\" data-id=\"eeb2351\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"charttechnik\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-inactive-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-negative\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tRating Technical Analysis: negativ\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-afade06 elementor-widget elementor-widget-text-editor\" data-id=\"afade06\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h5>What speaks for Apple?<\/h5><ul data-spread=\"false\"><li><strong>One of the world\u2019s strongest technology ecosystems<\/strong>, seamlessly combining premium hardware, software, and digital services.<\/li><li><strong>Record quarter with broad-based growth<\/strong> across iPhone, Mac, and Services.<\/li><li><strong>High profitability and exceptional cash generation<\/strong> enable continuous innovation, rising dividends, and one of the largest share buyback programs in corporate history.<\/li><li><strong>More than 2.5 billion active devices<\/strong> provide a unique foundation for further expansion of services and artificial intelligence.<\/li><\/ul><h5>What speaks against Apple?<\/h5><ul data-spread=\"false\"><li><strong>The iPhone<\/strong> remains the most important source of revenue, making future product cycles a key growth driver.<\/li><li><strong>Competition in artificial intelligence<\/strong> is intensifying due to heavy investment by major tech companies.<\/li><li><strong>Regulatory intervention<\/strong> around the App Store and the digital ecosystem could affect future profitability.<\/li><li><strong>The global supply chain<\/strong> remains vulnerable to geopolitical tensions and changes in trade policy.<\/li><\/ul><h5>What are we watching?<\/h5><ul data-spread=\"false\"><li><strong>The rollout of Apple Intelligence<\/strong> and its impact on demand for new devices and services.<\/li><li><strong>Further development of the services business<\/strong> as a key driver of long-term profitability.<\/li><li><strong>Regulatory developments<\/strong> around the App Store and digital services.<\/li><li><strong>Further diversification of production<\/strong> outside China and its impact on supply chains and margins.<\/li><\/ul><h2>Summary<\/h2><p>Apple once again proves why it is one of the highest-quality business models in the world. <strong>Record results, a unique ecosystem, and exceptional cash generation<\/strong> provide a solid foundation for further long-term growth. The key question now is how successfully Apple can transition its enormous device base into the next generation of <strong>artificial intelligence and digital services<\/strong>. Looking at the chart alone, there was a dip after the numbers.   <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a3f9ae elementor-widget elementor-widget-text-editor\" data-id=\"2a3f9ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3>Rating According to the MUMAK Method<\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d421efd elementor-widget elementor-widget-Table\" data-id=\"d421efd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"Table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table class=\"tafe-table \">\n\t\t\t<thead  class=\"tafe-table-header\">\n\t\t\t\t<tr>\n\t\t\t\t\t<th class=\"elementor-inline-editing elementor-repeater-item-a4af3fd\"   >Category<\/th><th class=\"elementor-inline-editing elementor-repeater-item-3b3ef9b\"   >Rating<\/th>\t\t\t\t<\/tr>\n\t\t\t<\/thead>\n\t\t\t\t\t\t<tbody class=\"tafe-table-body\">\n\t\t\t\t<tr>\n\t\t\t\t\t<td data-label=\"Category\"   class=\"elementor-repeater-item-ca181a9 td-content-type-default\" ><b>Geopolitics<\/b><\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-24148b1 td-content-type-default\" >Positive<\/td><\/tr><tr><td data-label=\"Category\"   class=\"elementor-repeater-item-750ef14 td-content-type-default\" ><b>Industry<\/b><\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-b92892f td-content-type-default\" >Positive<\/td><\/tr><tr><td data-label=\"Category\"   class=\"elementor-repeater-item-da9ce5b td-content-type-default\" ><b>Fundamentals<\/b><\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-9492819 td-content-type-default\" >Positive<\/td><\/tr><tr><td data-label=\"Category\"   class=\"elementor-repeater-item-6f870ed td-content-type-default\" ><b>News &amp; Sentiment<\/b><\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-1c7f62f td-content-type-default\" >Positive<\/td><\/tr><tr><td data-label=\"Category\"   class=\"elementor-repeater-item-ca1b684 td-content-type-default\" ><b>Technical Analysis<\/b><\/td><td data-label=\"Rating\"   class=\"elementor-repeater-item-5f69e06 td-content-type-default\" >Neutral<\/td>\t\t\t\t<\/tr>\n\t\t\t<\/tbody>\n\t\t<\/table>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11acf94 elementor-widget elementor-widget-text-editor\" data-id=\"11acf94\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3>Overall Rating<\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50846e9 elementor-widget elementor-widget-mumak_score_card\" data-id=\"50846e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"mumak_score_card.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"mumak-score-card is-detail\" data-view=\"overall\" style=\"--mumak-mammoth-mask: url(&quot;https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Mammut-Clean-2.svg&quot;);\">\n\t\t\t\t\t\t\t\t\t<div class=\"mumak-score-card__detail mumak-score-card__detail--overall\">\n\t\t\t<div class=\"mumak-score-card__detail-compass-wrap\">\n\t\t\t\t<img decoding=\"async\" class=\"mumak-score-card__detail-compass\" src=\"https:\/\/mumak.me\/wp-content\/uploads\/2026\/03\/Compass-Circle.svg\" alt=\"\" aria-hidden=\"true\">\n\t\t\t<\/div>\n\t\t\t<div class=\"mumak-score-card__detail-content\">\n\t\t\t\t<h4 class=\"mumak-score-card__company\">Apple Inc.<\/h4>\n\t\t\t\t<div class=\"mumak-score-card__detail-mammoths\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-positive\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"mumak-score-card__detail-mammoth is-active-negative\"><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"mumak-score-card__detail-result\">\n\t\t\t\t\tAnalysis result: 4 out of 5 MUMAKS\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Apple reports the strongest June quarter in company history. Record revenues, Apple Intelligence, and the services business once again put the stock in focus. <\/p>\n","protected":false},"author":5,"featured_media":2318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[183,227],"tags":[588,205,206],"aktie":[140],"class_list":["post-2347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-valuation-analysis","category-watchlist","tag-electronic-technology","tag-consumer-electronics","tag-software","aktie-apple"],"acf":[],"_links":{"self":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts\/2347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/comments?post=2347"}],"version-history":[{"count":29,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts\/2347\/revisions"}],"predecessor-version":[{"id":8953,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/posts\/2347\/revisions\/8953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/media\/2318"}],"wp:attachment":[{"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/media?parent=2347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/categories?post=2347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/tags?post=2347"},{"taxonomy":"aktie","embeddable":true,"href":"https:\/\/mumak.me\/en\/wp-json\/wp\/v2\/aktie?post=2347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}