Full-Time
Designs and sells hardware and software
No salary listed
Austin, TX, USA
In Person
Bachelor's
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Apple designs, manufactures, and sells hardware and software across iPhone, iPad, Mac, Apple Watch, and Apple TV, plus services like the App Store, Apple Music, iCloud, and Apple Pay. The products work together through an integrated ecosystem where devices run Apple’s own operating systems and sync data via iCloud, delivering a seamless user experience. It differentiates itself by controlling both hardware and software end-to-end, maintaining a unified design, and expanding services and spatial computing. Its goal is to provide a cohesive, high-quality experience across devices while growing services revenue and expanding its ecosystem.
Company Size
10,001+
Company Stage
IPO
Headquarters
Cupertino, California
Founded
1976
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Health Insurance
Dental Insurance
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Performance Bonus
Relocation Assistance
Employee Stock Purchase Plan
Apple's stock rose approximately 2.8% to $318.60 on Wednesday as investors returned to mega-cap technology stocks following Tuesday's decline. The move pushed Apple's market value towards $4.7 trillion. The iPhone maker reported strong fiscal third-quarter results, with revenue jumping 16% to $109.4 billion and earnings surging 29% to $2.02 per share. Services generated $30.7 billion, whilst gross margin reached 50.1%. However, the stock now trades at a premium valuation of 37 times trailing earnings and sits 12.4% above its estimated fair value of $283.59. Management expects growth to moderate in the September quarter, raising questions about whether the current valuation can be sustained without significant new catalysts from artificial intelligence integration.
Apple has launched Apple Upgrade, a hardware leasing programme allowing US customers to make interest-free monthly payments for iPhones, iPads, Macs and Apple Watches through Klarna. The programme offers 12- or 24-month leases for phones and watches, and 24- or 36-month leases for computers and tablets. Customers do not own devices after completing payments. For example, the iPhone 17 Pro costs $1,099 outright or $31.99 monthly over 24 months, totalling $767.76 in lease payments. At lease end, customers can return the device and upgrade, return without upgrading, or pay a residual value fee to keep it. Technology attorney Kirk Sigmon noted the psychological appeal of lower monthly payments but warned consumers risk accumulating too many recurring obligations alongside existing subscriptions.
Jim Cramer described Tim Cook's tenure at Apple as building "the greatest consumer-based enterprise in history" during a recent Mad Money episode. Cook, who succeeded Steve Jobs in 2011, is stepping down in September to become executive chairman, with hardware engineering chief John Ternus taking over as CEO. Cramer argued that Apple achieved premium valuations typically reserved for enterprise software companies through emotional attachment rather than contractual obligations. Under Cook's leadership, Apple's active device base grew to over 2.5 billion units, driving recurring revenue through services like iCloud, App Store, and Apple Music. In Q3 fiscal 2026, Apple posted revenue of $109.42 billion, beating analyst expectations of $108.65 billion, with earnings per share of $2.02 versus the $1.89 consensus estimate.
Apple shares rose 1.4% to $311.18 after Rothschild & Co Redburn set a $400 price target, suggesting 29% upside. The bullish outlook centres on a potential shift in Apple's AI strategy that could involve using Nvidia's open models instead of relying heavily on Alphabet's Gemini technology. Apple's fiscal third-quarter results showed strong momentum, with revenue climbing 16% to $109.4 billion and earnings jumping 29% to $2.02 per share. Gross margin expanded to 50.1%, whilst Services generated $30.7 billion in revenue. However, no Nvidia partnership has been confirmed. The stock trades about 10% above its estimated fair value of $283.52, meaning investors are already pricing in AI-driven growth. Whether Apple can convert AI enthusiasm into an actual iPhone upgrade cycle remains the key question.
Apple has resolved a German antitrust investigation by agreeing to modify how iPhone and iPad users consent to data sharing for personalised advertising. Germany's Bundeskartellamt made Apple's commitments under its App Tracking Transparency framework legally binding, requiring implementation within four months and independent monitoring for seven years. The changes aim to make consent prompts more comparable between Apple's services and third-party developers. Apple will extend the modifications to nearly all EU countries. The decision follows France's €150 million fine in March 2025 and Italy's €98.6 million penalty over similar issues. Services revenue, which includes advertising, reached $30.7 billion in fiscal Q3, up 12% year-over-year, whilst Europe generated $29.4 billion in quarterly sales, up 22%.