AAPL
Apple Inc.
AAPL has the edge over AIOT overall, supported by lower modeled downside and stronger fundamentals.
AIOT
PowerFleet, Inc.
AIOT offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
AIOT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
AIOT's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
AIOT PE Valuation
AIOT has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 34x next year's earnings.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
AIOT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AIOT has the edge over AAPL on the outlook, with more favorable profitability expectations.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over AIOT on earnings quality, reporting a profit while its opponent remains loss making.
AIOT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.07 | — |
| Q3 2026 | -$0.15 | +$0.16 |
| Q2 2026 | -$0.13 | +$0.17 |
| Q1 2026 | -$0.15 | +$0.28 |
| Q4 2025 | -$0.23 | +$0.66 |
| Q3 2025 | -$0.31 | +$0.65 |
| Q2 2025 | -$0.30 | +$0.78 |
| Q1 2025 | -$0.43 | +$0.56 |
| Q4 2024 | -$0.89 | -$0.56 |
AIOT is still losing money, but far less than before: $0.15 per share over the past year, against $1.08 at its worst in mid-2024.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over AIOT on profitability, with a higher operating margin.
AIOT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $115.7M | +3.6% |
| Q2 2026 | $110.8M | +6.4% |
| Q1 2026 | $114.5M | +10% |
| Q4 2025 | $113.5M | +6.6% |
| Q3 2025 | $111.7M | +45% |
| Q2 2025 | $104.1M | +38% |
| Q1 2025 | $103.6M | +207% |
| Q4 2024 | $106.4M | +208% |
AIOT has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.2% | -2.6 points |
| Q2 2026 | 0.2% | +2.2 points |
| Q1 2026 | 9.6% | +16 points |
| Q4 2025 | 5.6% | +6.8 points |
| Q3 2025 | 3.8% | +3.1 points |
| Q2 2025 | -2% | +22 points |
| Q1 2025 | -6.7% | +16 points |
| Q4 2024 | -1.2% | +10 points |
AIOT's operating margin was 1.2% last quarter, down 2.6 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
AIOT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$11.3M | -1058% |
| Q2 2026 | $3.6M | +$7M |
| Q1 2026 | $6.1M | -40% |
| Q4 2025 | $4.9M | +$17.2M |
| Q3 2025 | $1.2M | +$9.2M |
| Q2 2025 | -$3.4M | +$9.8M |
| Q1 2025 | $10.1M | +$11.7M |
| Q4 2024 | -$12.2M | -423% |
AIOT's free cash flow has turned positive after four years mostly in the red: $3M over the past year.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over AIOT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
AIOT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +275K shares |
| 1 year | +0.6% | +768K shares |
| 3 years | +280% | +99M shares |
| 5 years | +363% | +105M shares |
AIOT has 134M diluted shares, up 0.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q1 2020 | $232,000 |
| Q4 2019 | $26,000 |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL has the edge over AIOT on leverage, with a lower net debt burden relative to earnings.
AIOT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 4.0x | Elevated |
| Q1 2026 | 4.1x | High |
| Q4 2025 | 5.7x | High |
| Q3 2025 | 7.2x | High |
| Q2 2025 | 8.0x | High |
| Q1 2025 | 26.9x | High |
| Q3 2021 | -1.8x | Net Cash |
AIOT's net debt is about 4.5 years of its operating earnings (EBITDA), down from 7.2 years a year ago.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
AIOT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.5 | Neutral |
| Stochastic | 21.5 | Neutral |
AIOT's weekly RSI is 37 (neutral) and its Stochastic is 21 (neutral).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
AIOT PE vs Technology Sector
AIOT has no meaningful PE right now: it lost money over the past year.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over AIOT on trend strength, trading above more of its moving averages.
AIOT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.68 | 7.8% below |
| 20 week MA | $3.22 | 23% below |
| 50 week MA | $3.73 | 34% below |
| 100 week MA | $4.50 | 45% below |
| 200 week MA | $4.08 | 39% below |
AIOT is in a downtrend: it's below all five of its weekly moving averages, and 39% below its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over AIOT on returns for 2026, with the stronger performance.
AIOT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.11 | $7.47 | +22% |
| 2021 | $7.47 | $4.88 | -35% |
| 2022 | $4.88 | $2.38 | -51% |
| 2023 | $2.38 | $3.42 | +44% |
| 2024 | $3.42 | $6.80 | +99% |
| 2025 | $6.80 | $5.43 | -20% |
| 2026 YTD | $5.43 | $2.47 | -55% |
AIOT has finished lower in three of the last six years. It's down 55% so far in 2026.