Monday, November 16, 2020

Apple Shares Oustanding

I've been tracking Apple's outstanding shares for awhile now and here is an update with the Fiscal Year Quarter 4 earnings - https://investor.apple.com/investor-relations/default.aspx

For this specific update I had to divide the # of shares outstanding on the financial report by 4 due to Apple's 4 for 1 stock split at the end of August (highlighted in yellow)

I should learn how to read these financial statements better because this is one of the only numbers I look at. 

Date EndedYear - QuarterBasic - Shares Outstanding
9/30/2017FY17 Q45,149,428,000-45,660,000
12/31/2017FY18 Q15,112,877,000-36,551,000
3/31/2018FY18 Q25,024,877,000-88,000,000
6/30/2018FY18 Q34,882,167,000-142,710,000
9/29/2018FY18 Q44,801,589,000-80,578,000
12/29/2018FY19 Q14,735,820,000-65,769,000
3/30/2019FY19 Q24,674,071,000-61,749,000
6/29/2019FY19 Q34,570,633,000-103,438,000
9/28/2019FY19 Q44,490,812,000-79,821,000
12/28/2019FY20 Q14,415,040,000-75,772,000
3/28/2020FY20 Q24,360,101,000-54,939,000
6/27/2020FY20 Q34,312,573,000-47,528,000
9/26/2020FY20 Q44,264,405,500-48,167,500

If Apple keeps buying back their shares, and keeps making the same amount of money, their earnings per share will go up, which should increase the stock price. 

Apple's stock price has been stagnant for the past couple months but that makes sense since it increased by a huge amount over the summer. 

Signed,

Mitch

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