Forecast of EBITDA of Apple 2019-2020

Apple Inc’s forecast of earnings before interest, tax, depreciation, and amortization (EBITDA) was 76.4 billion dollars in 2019, up slightly from the previous year. The technology firm’s performance in both hardware and software makes it one of the most valuable companies worldwide.

Apple products

Apple began as a computer manufacturer in the garage of Steve Job’s parents. After decades focused on computer hardware and software, the launch of the iPhone in 2007 changed the company significantly. In spite of competition in the smartphone market, the share of U.S. smartphone users that uses the iPhone is higher than it was in 2014. Apple also now sells tablets, branded as iPads, and wearables such as the Apple Watch.

Apple’s business side

Income from the iPhone is consistently the largest source of revenue for Apple. Investors are attracted to Apple’s stock, in large part because it has enjoyed consistent earnings per common share, even during the Financial Crisis.

Forecast of EBITDA of Apple Inc from 2019 to 2020

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Source

Release date

October 2019

Region

United States

Survey time period

2019 to 2020

Supplementary notes

Data compiled by Zacks Research.

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Statistics on "Apple products in the U.S."

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