3 Huge Warning Signs for Apple Investors

Motley Fool11-08

Apple's revenue growth is still slow. Earnings growth is barely in the double digits. The stock trades at an expensive premium compared to the market. While Apple (AAPL 2.14%) may be ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

每天5000
11-08
每天5000
以上的废话应该是资本发出来的因为苹果价格太高他们不敢进场所以发这种废话来刺激股价下跌的大家不需要管他让他们吃贵价筹码与他们对抗！

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2481179203?lang=zh_CN&edition=full","thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F796556%2Fperson-saying-no-to-something.jpg&op=resize&w=165&h=104","is_english":true,"pubTime":"2024-11-08 19:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481179203","market":"us","top_or_hot":-1,"title":"3 Huge Warning Signs for Apple Investors","media":"Motley Fool","content":"<div>\n<p>Apple's revenue growth is still slow.\n\n\n\n\n\n\n\nEarnings growth is barely in the double digits.\n\n\n\n\n\n\n\nThe stock trades at an expensive premium compared to the market. \n\nWhile Apple (AAPL 2.14%) may be ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/\">网页链接</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Huge Warning Signs for Apple Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Huge Warning Signs for Apple Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 19:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple's revenue growth is still slow.\n\n\n\n\n\n\n\nEarnings growth is barely in the double digits.\n\n\n\n\n\n\n\nThe stock trades at an expensive premium compared to the market. \n\nWhile Apple (AAPL 2.14%) may be ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BJJMRY28.SGD","symbol_name":"Janus Henderson Balanced A Inc SGD","start_time":0,"source_url":"https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/","article_id":"2481179203","we_media_id":null,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F796556%2Fperson-saying-no-to-something.jpg&op=resize&w=165&h=104"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481179203","pubTimestamp":1731064500,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Apple's latest results weren't what investors were hoping to see.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","AAPL":"苹果","BK4574":"无人驾驶","OEX":"标普100",".SPX":"S&P 500 Index","SH":"标普500反向ETF","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","SPXU":"三倍做空标普500ETF","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4504":"桥水持仓","BK4512":"苹果概念","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","SPY":"标普500ETF","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","ISBC":"投资者银行","OEF":"标普100指数ETF-iShares","VOO":"Vanguard标普500ETF","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","IVV":"标普500指数ETF","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","SDS":"两倍做空标普500ETF","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4566":"资本集团","BK4575":"芯片概念","UPRO":"三倍做多标普500ETF","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","SSO":"两倍做多标普500ETF","BK4501":"段永平概念","BK4527":"明星科技股","BK4559":"巴菲特持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc"},"translate_title":"苹果投资者的3个巨大警告信号","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"ISBC":1,"VOO":0.83,"SPY":0.83,"IVV":0.6,"OEF":0.6,"OEX":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"SSO":0.6,"UPRO":0.6,".SPX":0.6,"ESmain":0.6},"content_text":"Apple's revenue growth is still slow.\n\n\n\n\n\n\n\nEarnings growth is barely in the double digits.\n\n\n\n\n\n\n\nThe stock trades at an expensive premium compared to the market. \n\nWhile Apple (AAPL 2.14%) may be the world's largest company (a title that can switch between it and Nvidia on any given trading day), it isn't without its investment risks. Apple isn't the growth or the value investment it used to be; it's just expensive now, with slow growth (or no growth in some areas).If you're an Apple investor, there are three big warning signs the company just displayed in its latest earnings report that you need to note. While these may not entirely break Apple's investment thesis, they could affect the stock's price movement.1. Apple hasn't grown much in recent quartersIf I started this article by saying, \"Apple's Q4 FY 2024 (ended Sept. 28) had the fastest revenue growth in a quarter in two years,\" you might be misled to think that it was a blowout quarter for Apple. However, that's far from the case, as Apple's revenue growth has been practically nonexistent since the start of 2022.AAPL Operating Revenue (Quarterly YoY Growth) data by YChartsYes, 6% revenue growth isn't very much and is the slowest growth rate of the \"Magnificent Seven\" stocks. However, this quarter wasn't supposed to be a slow growth quarter, as it was hoped that the iPhone 16 would boost sales due to its new artificial intelligence (AI) feature set.Unfortunately for Apple, iPhone sales only rose 5.5% year over year. Investors will need to wait until after Apple reports Q1 FY 2025 results (which encompasses the holiday quarter) to determine if the iPhone 16 was a flop, but as of right now, it doesn't look good.Apple's revenue growth is not very rapid, but since Apple is a mature business, investors care more about profit growth than revenue. However, that area doesn't look good, either.2. Apple's earnings growth isn't much fasterPrior to this quarter, Apple had managed to put up respectable earnings growth, even if its revenue wasn't growing quickly or shrinking in any given quarter. However, this quarter was a disaster from an earnings standpoint, as they fell from $1.47 last year to $0.97 this year -- a 34% decrease. While earnings per share (EPS) is useful, one-time events can heavily influence it. For example, Apple's income tax provision rose from $4 billion last year to $14.9 billion this year. That jump was a one-time, $10.2 billion event caused by the reversal of the European General Court's State Aid decision. Without that, management stated that its EPS would have been $1.64, good for a 12% rise.That would indicate that Apple could put up market-beating earnings growth, since the stock market, measured by the S&P 500 (^GSPC 0.74%), usually grows about 10% per year. However, this is still something investors need to watch.Apple is barely meeting the growth threshold a stock needs to beat the market year in and year out, so it would make sense for the stock to trade around an S&P 500 multiple. But that isn't the case.3. Apple's stock is very expensiveFrom a valuation standpoint, Apple is very expensive. Because Apple has that one-time effect hit its earnings this quarter, the trailing price-to-earnings (P/E) ratio becomes useless. Instead, investors should look at the forward P/E ratio, as it shows where Apple is heading if it hits analyst projections.AAPL PE Ratio (Forward) data by YChartsAt 30 times forward earnings, Apple isn't a cheap stock. Compared to the S&P 500, which trades at 23.8 times forward earnings, Apple has a significant premium to the market despite growing around the same rate. This isn't a great combination, and unless Apple's revenue and earnings growth accelerate, the stock could face a difficult road ahead.As a result, I think investors should look elsewhere before investing in Apple. There are other businesses (like Alphabet) that trade for less than the S&P 500's valuation and are growing much faster than Apple. These make for much more promising long-term investments and will likely outperform Apple over the long term -- unless Apple can reaccelerate its growth.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":368784657793048,"gmtCreate":1731072969495,"gmtModify":1731072971219,"author":{"id":"3576321177589538","authorId":"3576321177589538","name":"每天5000","avatar":"https://static.tigerbbs.com/acb82b11f84ce03a05a022c25e30f03f","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"idStr":"3576321177589538","authorIdStr":"3576321177589538"},"htmlText":"以上的废话应该是资本发出来的因为苹果价格太高他们不敢进场所以发这种废话来刺激股价下跌的 大家不需要管他 让他们吃贵价筹码与他们对抗！","listText":"以上的废话应该是资本发出来的因为苹果价格太高他们不敢进场所以发这种废话来刺激股价下跌的 大家不需要管他 让他们吃贵价筹码与他们对抗！","text":"以上的废话应该是资本发出来的因为苹果价格太高他们不敢进场所以发这种废话来刺激股价下跌的 大家不需要管他 让他们吃贵价筹码与他们对抗！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368784657793048","repostId":2481179203,"repostType":2,"repost":{"id":"2481179203","pubTimestamp":1731064500,"share":"https://www.laohu8.com/m/news/2481179203?lang=&edition=full","pubTime":"2024-11-08 19:15","market":"us","language":"en","title":"3 Huge Warning Signs for Apple Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2481179203","media":"Motley Fool","summary":"Apple's latest results weren't what investors were hoping to see.","content":"<html><body><ul>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Apple's revenue growth is still slow.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>Earnings growth is barely in the double digits.</div>\n</li>\n<li>\n<div>\n<svg fill=\"none\" height=\"15\" viewbox=\"0 0 14 15\" width=\"14\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M14 5.58984C14 2.91016 11.8398 0.75 9.16016 0.75C6.50781 0.777344 4.375 2.91016 4.375 5.5625C4.375 6.10938 4.45703 6.60156 4.59375 7.09375L0.191406 11.4961C0.0546875 11.6328 0 11.7969 0 11.9609V14.0938C0 14.4766 0.273438 14.75 0.65625 14.75H3.71875C4.07422 14.75 4.375 14.4766 4.375 14.0938V13H5.46875C5.82422 13 6.125 12.7266 6.125 12.3438V11.25H7.13672C7.30078 11.25 7.51953 11.168 7.62891 11.0312L8.28516 10.293C8.55859 10.3477 8.85938 10.375 9.1875 10.375C11.8398 10.375 14 8.24219 14 5.58984ZM9.1875 4.25C9.1875 3.53906 9.76172 2.9375 10.5 2.9375C11.2109 2.9375 11.8125 3.53906 11.8125 4.25C11.8125 4.98828 11.2109 5.5625 10.5 5.5625C9.76172 5.5625 9.1875 4.98828 9.1875 4.25Z\" fill=\"#FFB81C\"></path>\n</svg>\n</div>\n<div>The stock trades at an expensive premium compared to the market. </div>\n</li>\n</ul><div><p>While <strong>Apple </strong><span>(AAPL<span> 2.14%</span>)</span> may be the world's largest company (a title that can switch between it and <strong>Nvidia </strong>on any given trading day), it isn't without its investment risks. Apple isn't the growth or the value investment it used to be; it's just expensive now, with slow growth (or no growth in some areas).</p><p>If you're an Apple investor, there are three big warning signs the company just displayed in its latest earnings report that you need to note. While these may not entirely break Apple's investment thesis, they could affect the stock's price movement.</p><h2>1. Apple hasn't grown much in recent quarters</h2><p>If I started this article by saying, \"Apple's Q4 FY 2024 (ended Sept. 28) had the fastest revenue growth in a quarter in two years,\" you might be misled to think that it was a blowout quarter for Apple. However, that's far from the case, as Apple's revenue growth has been practically nonexistent since the start of 2022.</p><p><img src=\"https://media.ycharts.com/charts/898996149edc4807f4c1678f8ffb5c61.png\"/></p><p>AAPL Operating Revenue (Quarterly YoY Growth) data by YCharts</p><p>Yes, 6% revenue growth isn't very much and is the slowest growth rate of the \"Magnificent Seven\" stocks. However, this quarter wasn't supposed to be a slow growth quarter, as it was hoped that the iPhone 16 would boost sales due to its new artificial intelligence (AI) feature set.</p><div><div><div></div></div></div><p>Unfortunately for Apple, iPhone sales only rose 5.5% year over year. Investors will need to wait until after Apple reports Q1 FY 2025 results (which encompasses the holiday quarter) to determine if the iPhone 16 was a flop, but as of right now, it doesn't look good.</p><p>Apple's revenue growth is not very rapid, but since Apple is a mature business, investors care more about profit growth than revenue. However, that area doesn't look good, either.</p><div></div><h2>2. Apple's earnings growth isn't much faster</h2><p>Prior to this quarter, Apple had managed to put up respectable earnings growth, even if its revenue wasn't growing quickly or shrinking in any given quarter. However, this quarter was a disaster from an earnings standpoint, as they fell from $1.47 last year to $0.97 this year -- a 34% decrease. </p><div><app :collapse_on_load=\"false\" :instrument_id=\"202686\" :show_benchmark_compare=\"false\" amount_change=\"4.75\" average_volume=\"47,694,324\" company_name=\"Apple\" current_price=\"227.23\" daily_high=\"227.62\" daily_low=\"224.32\" default_period=\"YTD\" dividend_yield=\"0.43%\" exchange=\"NASDAQ\" fifty_two_week_high=\"237.49\" fifty_two_week_low=\"164.07\" gross_margin=\"46.21\" logo=\"https://g.foolcdn.com/art/companylogos/mark/AAPL.png\" market_cap=\"$3,439B\" pe_ratio=\"37.48\" percent_change=\"2.14\" symbol=\"AAPL\" volume=\"92,472\"></app></div><p>While earnings per share (EPS) is useful, one-time events can heavily influence it. For example, Apple's income tax provision rose from $4 billion last year to $14.9 billion this year. That jump was a one-time, $10.2 billion event caused by the reversal of the European General Court's State Aid decision. Without that, management stated that its EPS would have been $1.64, good for a 12% rise.</p><div><div><div></div></div></div><p>That would indicate that Apple could put up market-beating earnings growth, since the stock market, measured by the <strong>S&amp;P 500 </strong><span>(^GSPC<span> 0.74%</span>)</span>, usually grows about 10% per year. However, this is still something investors need to watch.</p><p>Apple is barely meeting the growth threshold a stock needs to beat the market year in and year out, so it would make sense for the stock to trade around an S&amp;P 500 multiple. But that isn't the case.</p><h2>3. Apple's stock is very expensive</h2><p>From a valuation standpoint, Apple is very expensive. Because Apple has that one-time effect hit its earnings this quarter, the trailing price-to-earnings (P/E) ratio becomes useless. Instead, investors should look at the forward P/E ratio, as it shows where Apple is heading if it hits analyst projections.</p><p><img src=\"https://media.ycharts.com/charts/c611d3a56d36c60859fc9a3b08ec5f8d.png\"/></p><p>AAPL PE Ratio (Forward) data by YCharts</p><div><div><div></div></div></div><p>At 30 times forward earnings, Apple isn't a cheap stock. Compared to the S&amp;P 500, which trades at 23.8 times forward earnings, Apple has a significant premium to the market despite growing around the same rate. </p><p>This isn't a great combination, and unless Apple's revenue and earnings growth accelerate, the stock could face a difficult road ahead.</p><p>As a result, I think investors should look elsewhere before investing in Apple. There are other businesses (like <strong>Alphabet</strong>) that trade for less than the S&amp;P 500's valuation <em>and</em> are growing much faster than Apple. These make for much more promising long-term investments and will likely outperform Apple over the long term -- unless Apple can reaccelerate its growth.</p><div></div></div></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Huge Warning Signs for Apple Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Huge Warning Signs for Apple Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 19:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple's revenue growth is still slow.\n\n\n\n\n\n\n\nEarnings growth is barely in the double digits.\n\n\n\n\n\n\n\nThe stock trades at an expensive premium compared to the market. \n\nWhile Apple (AAPL 2.14%) may be ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F796556%2Fperson-saying-no-to-something.jpg&op=resize&w=165&h=104","relate_stocks":{"IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","AAPL":"苹果","BK4574":"无人驾驶","OEX":"标普100",".SPX":"S&P 500 Index","SH":"标普500反向ETF","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","SPXU":"三倍做空标普500ETF","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4504":"桥水持仓","BK4512":"苹果概念","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","SPY":"标普500ETF","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","ISBC":"投资者银行","OEF":"标普100指数ETF-iShares","VOO":"Vanguard标普500ETF","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","IVV":"标普500指数ETF","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","SDS":"两倍做空标普500ETF","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4566":"资本集团","BK4575":"芯片概念","UPRO":"三倍做多标普500ETF","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","SSO":"两倍做多标普500ETF","BK4501":"段永平概念","BK4527":"明星科技股","BK4559":"巴菲特持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc"},"source_url":"https://www.fool.com/investing/2024/11/08/3-huge-warning-signs-for-apple-investors/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481179203","content_text":"Apple's revenue growth is still slow.\n\n\n\n\n\n\n\nEarnings growth is barely in the double digits.\n\n\n\n\n\n\n\nThe stock trades at an expensive premium compared to the market. \n\nWhile Apple (AAPL 2.14%) may be the world's largest company (a title that can switch between it and Nvidia on any given trading day), it isn't without its investment risks. Apple isn't the growth or the value investment it used to be; it's just expensive now, with slow growth (or no growth in some areas).If you're an Apple investor, there are three big warning signs the company just displayed in its latest earnings report that you need to note. While these may not entirely break Apple's investment thesis, they could affect the stock's price movement.1. Apple hasn't grown much in recent quartersIf I started this article by saying, \"Apple's Q4 FY 2024 (ended Sept. 28) had the fastest revenue growth in a quarter in two years,\" you might be misled to think that it was a blowout quarter for Apple. However, that's far from the case, as Apple's revenue growth has been practically nonexistent since the start of 2022.AAPL Operating Revenue (Quarterly YoY Growth) data by YChartsYes, 6% revenue growth isn't very much and is the slowest growth rate of the \"Magnificent Seven\" stocks. However, this quarter wasn't supposed to be a slow growth quarter, as it was hoped that the iPhone 16 would boost sales due to its new artificial intelligence (AI) feature set.Unfortunately for Apple, iPhone sales only rose 5.5% year over year. Investors will need to wait until after Apple reports Q1 FY 2025 results (which encompasses the holiday quarter) to determine if the iPhone 16 was a flop, but as of right now, it doesn't look good.Apple's revenue growth is not very rapid, but since Apple is a mature business, investors care more about profit growth than revenue. However, that area doesn't look good, either.2. Apple's earnings growth isn't much fasterPrior to this quarter, Apple had managed to put up respectable earnings growth, even if its revenue wasn't growing quickly or shrinking in any given quarter. However, this quarter was a disaster from an earnings standpoint, as they fell from $1.47 last year to $0.97 this year -- a 34% decrease. While earnings per share (EPS) is useful, one-time events can heavily influence it. For example, Apple's income tax provision rose from $4 billion last year to $14.9 billion this year. That jump was a one-time, $10.2 billion event caused by the reversal of the European General Court's State Aid decision. Without that, management stated that its EPS would have been $1.64, good for a 12% rise.That would indicate that Apple could put up market-beating earnings growth, since the stock market, measured by the S&P 500 (^GSPC 0.74%), usually grows about 10% per year. However, this is still something investors need to watch.Apple is barely meeting the growth threshold a stock needs to beat the market year in and year out, so it would make sense for the stock to trade around an S&P 500 multiple. But that isn't the case.3. Apple's stock is very expensiveFrom a valuation standpoint, Apple is very expensive. Because Apple has that one-time effect hit its earnings this quarter, the trailing price-to-earnings (P/E) ratio becomes useless. Instead, investors should look at the forward P/E ratio, as it shows where Apple is heading if it hits analyst projections.AAPL PE Ratio (Forward) data by YChartsAt 30 times forward earnings, Apple isn't a cheap stock. Compared to the S&P 500, which trades at 23.8 times forward earnings, Apple has a significant premium to the market despite growing around the same rate. This isn't a great combination, and unless Apple's revenue and earnings growth accelerate, the stock could face a difficult road ahead.As a result, I think investors should look elsewhere before investing in Apple. There are other businesses (like Alphabet) that trade for less than the S&P 500's valuation and are growing much faster than Apple. These make for much more promising long-term investments and will likely outperform Apple over the long term -- unless Apple can reaccelerate its growth.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481179203"}