(AAPL)
Apple share price is $243.04 & ₹20,592.78 as on 6 Dec 2024, 2.30 'hrs' IST
$243.04
▲
0.03
(0.01%)
Market is closed - opens 8 PM, 06 Dec 2024
View live Apple share price in Dollar and Rupees. Guide to invest in Apple from India. Also see the sentimental analysis on Indian investors investing in Apple. Get details on the Indian mutual funds that are investing in Apple. Get Analyst recommendations and forecasts along with all the Apple's financials.
0.3%
Downside
Day's Volatility :0.85%
Upside
0.54%
32.49%
Downside
52 Weeks Volatility :32.9%
Upside
0.61%
in dollars & INR
It is very easy for Indian residents to invest directly in Apple from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Apple stock in both rupees (INR) and dollars (USD). Search for Apple or AAPL on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Apple or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.
For example: You can easily buy Rs.100 worth of Apple shares which would translate to 0.003 fractional shares of Apple as of today. Learn more about fractional investing here.
Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same
Apple has become the fastest-growing smartphone brand in India, increasing its market share from 5% in 2019 to 23% in 2023, surpassing Samsung to lead the market. This rapid growth underscores Apple’s rising popularity and its ability to capture a substantial share of India’s expanding smartphone market.
14% of its global iPhone production is now based in India which means 1 in every 7 iPhones is manufactured in India. Local manufacturing has enhanced affordability and accessibility, driving sales further. In the fiscal year ending March 2024, Apple generated a record $8 billion in revenue from India, with iPhone sales accounting for over half of this figure. Selling 7 million iPhones last year led to a 36% year-on-year revenue surge, demonstrating significant untapped growth potential in India, which currently contributes just 2% to Apple’s global sales.
Globally, Apple’s market capitalization exceeds $3.5 trillion, greater than the combined market cap of India’s top 10 companies. A recent Bloomberg survey shows nearly one-third of investors are choosing big tech stocks like Apple over traditional assets like gold as a hedge against inflation, reflecting Apple’s financial stability and resilience.
With its unparalleled global scale, robust local business growth, and the Apple ecosystem becoming an integral part of Indian consumers’ lives, Apple stock presents a compelling opportunity for long-term investors looking to diversify into the US market.
Vanguard Group Inc
8.91%
BlackRock Inc
6.95%
State Street Corp
3.86%
FMR Inc
2.41%
Geode Capital Management, LLC
2.21%
Berkshire Hathaway Inc
1.98%
Buy
66%Buy
29%Hold
4%Sell
Based on 48 Wall street analysts offering stock ratings for Apple, Inc.(by analysts ranked 0 to 5 stars)
What analysts predicted
Upside of 0.59%
Current:
$243.04
Target:
$244.48
Sell
Neutral
Buy
Apple, Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
In the quarter ending December,2024. Apple, Inc. has declared dividend of $0.25
Read MoreFounded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple Inc. is a global leader in consumer electronics, software, and online services. Headquartered in Cupertino, California, Apple is part of America’s Big Five IT companies, with over 154,000 employees and a presence in major markets worldwide. Known for iconic products like the Macintosh, iMac, iPhone, and iPad, Apple has consistently set industry benchmarks. It became the first publicly traded U.S. company to reach a $1 trillion valuation in 2018, followed by $2 trillion in 2021 and $3 trillion in 2022. With a legacy of innovation, Apple remains a driving force in shaping the future of consumer technology.
You can buy Apple shares starting ₹84.73 or $1 as on 6 Dec 2024 on the INDmoney app.
Indian investors can buy Apple shares in fractions or a part of the whole stock value instead of the entire stock. In simple terms, you can even buy 0.1 or any fraction of Apple stock units.
Let us understand this better with an example, if you have $10 or ₹847.3 to invest and the cost of Apple stock is $200 or ₹16,894, you can still invest your $10 or ₹847.3 and get 10/200 that is 0.05 units of the Apple stock in your account.
Another way to understand this is, if 1 Apple stock costs $200 or ₹16,894 you can buy Apple stock worth $250 ₹(21,117) which will give you 250/200 units which means you will get 1.25 Apple shares.
An investor investing in US stocks from India not only benefits from stock or capital returns but also gets the benefit of dollar appreciation versus rupees.
If an Indian resident would have invested in Apple from India, 5 years ago then the total returns from Apple stocks would be 264.21%.
To understand this in simple terms, capital appreciation in the last 5 years from Apple stocks would be 251.83%.
On top of this, the investors will enjoy the gains from appreciation in dollar value versus rupees which would be 17.78%. The calculation is for the 2019 to 2024.
Hence, investing in US stocks from the US will only give an investor capital gains, but an Indian investor will enjoy additional gains from dollar appreciation.
Apple stock has given 264.21% returns in the last 5 years, whereas Google stock has given 157.1%. $100 invested in Apple stock 5 years ago would have become $364.21 and $100 invested in Google stock would have become $257.1.
5 year returns of Apple → 314% (Capital Appreciation 251.83% & Dollar Appreciation 17.78%)
5 year returns of Google → 208% (Capital Appreciation 161.49% & Dollar Appreciation 17.78%)
$100 invested in Apple stock vs Google stock 5 years ago:
Total Returns | $100 investment would have become | |
Apple | 314% | $414 |
208% | $308 |
Apple has paid a total of $4.53 in dividends per share in the last 5 years. So if you had 10 Apple shares you would have received ₹$45.33 in dividends in India from your Apple stocks.
Apple declares dividends every quarter. The latest dividend amount Apple paid each shareholder was $0.25 or ₹21.18 per share in the latest quarter. For investors holding shares in fractions the same amount was paid in proportion to the units of shares they hold. For example, if an investor has less than 1 unit ~ 0.12 units, they will still receive $0.03 or ₹2.54 in dividends.
Apple is a popular stock amongst top global investors. Legendary investor Warren Buffett is the top individual stock holder via Berkshire Hathaway with stocks worth $69 billion that is 26% of his portfolio. Other famous investors include Jensen Investment Management with stocks worth $854 million, David Rolfe with stocks worth $38 million, and Francis Chou with $10 million.
Top 3 institutional investors include: Vanguard ($313 trillion), Blackrock ($254 trillion) and Statestreet ($136 trillion).