Apple has a low cost of debt and high gross margin compared to benchmark, which hurts the company’s ability to grow. Apple is in such a position that it is less expensive to grow than what they can profit from on the increase of tire sales. An estimate of 0.26% for long-term debt puts Apple in a very good position.
Looking at the present scenario and the performance of Apple till the end of FY 2015, we came to a conclusion of “BUY” in our quantitative analysis. Net income is consistently increasing.
Apple Inc. (Apple), incorporated on January 3, 1977, designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.