As of 2024-07-15, the Fair Value of Apple Inc (AAPL) is 84.1 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 230.54 USD, the upside of Apple Inc is -63.5%.
https://valueinvesting.io/AAPL/valuation/fair-value#:~:text=As%20of%202024%2D07%2D15,Apple%20Inc%20is%20%2D63.5%25.
With that, the Peter Lynch Fair Value formula suggests AAPL might be overvalued. This formula estimates a stock's fair price by multiplying its earnings by its long-term earnings growth rate.
With the current market price significantly higher than the estimated fair value, there's a potential for the stock price to decline in the future to reach its intrinsic value.
Slowing Growth:
Recent trends show a slowdown in iPhone sales, a crucial revenue source for Apple. Additionally, overall company growth might be stagnating, potentially limiting future stock price appreciation.
Increased Competition:
The smartphone and services market is becoming increasingly competitive. Companies like Samsung and Xiaomi are offering strong alternatives, potentially eroding Apple's market share and profitability.
Apple's diversification into services is promising for long-term stability, but its success hinges on continued service growth. Slowing iPhone sales, still a major revenue source, could still pose a risk and moreover actual monetization from Vision Pro remains slow
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