Apple Inc’s forecast of earnings before interest, tax, depreciation, and amortization (EBITDA) was 120.2 billion U.S. dollars in 2021, and predicted to increase to 134.4 billion U.S. dollars in 2023. 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 2021 to 2023
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EBITDA in million U.S. dollars
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Quandl. (October 19, 2021). Forecast of EBITDA of Apple Inc from 2021 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/632881/forecast-of-ebitda-of-apple/
Quandl. "Forecast of EBITDA of Apple Inc from 2021 to 2023 (in million U.S. dollars)." Chart. October 19, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/632881/forecast-of-ebitda-of-apple/
Quandl. (2021). Forecast of EBITDA of Apple Inc from 2021 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/632881/forecast-of-ebitda-of-apple/
Quandl. "Forecast of Ebitda of Apple Inc from 2021 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 19 Oct 2021, https://www.statista.com/statistics/632881/forecast-of-ebitda-of-apple/
Quandl, Forecast of EBITDA of Apple Inc from 2021 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/632881/forecast-of-ebitda-of-apple/ (last visited July 22, 2024)
Forecast of EBITDA of Apple Inc from 2021 to 2023 (in million U.S. dollars) [Graph], Quandl, October 19, 2021. [Online]. Available: https://www.statista.com/statistics/632881/forecast-of-ebitda-of-apple/