Apple Inc
AAPLCompany Overview
Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | Apple Inc |
| Ticker | AAPL |
| Main Business | Consumer Electronics |
| Type | Securities |
| Industry | Consumer Electronics |
| Country | US |
| Market Cap | $3,444.18 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| iPhone | $201,183.0 | $0.0 | - |
| Services | $96,169.0 | $19,234.0 | Entertainment |
| Wearables, Home and Accessories | $37,005.0 | $0.0 | - |
| Mac | $29,984.0 | $0.0 | - |
| iPad | $26,694.0 | $0.0 | - |
| Other income | $269.0 | $0.0 | - |
| Total | $391,304.0 | $19,234.0 | 4.92% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $20,880,000,000.0 | 0.61% |
| long term debt and capital lease obligation | $85,750,000,000.0 | 2.49% |
| Total Interest-Bearing Debt | $106,630,000,000.0 | 3.10% |
| Market Capitalization | $3,444,184,800,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |