Forecast of EBITDA of Apple 2021-2023
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.