Apple Inc. (AAPL) - Annual Review 2025

Executive Summary

Apple Inc. continues to demonstrate strong market resilience. Our proprietary Annual Review model indicates robust fundamentals despite macroeconomic headwinds. Key catalysts include product innovation in AI and strategic cost optimization.

Valuation Methodology

We utilize a blended approach of DCF (50%) and EV/EBITDA multiples (50%). Our WACC assumption is 8.3% based on a beta of 1.42.

Risk Factors

• Regulatory scrutiny in key markets.
• Supply chain disruptions affecting gross margins.
• Intensifying competition from emerging players.