AAPL
Apple Inc.
AAPL has the edge over AOSL overall, supported by stronger fundamentals and lower modeled downside.
AOSL
Alpha and Omega Semiconductor Limited
AOSL 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.
AOSL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Strong |
AOSL's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
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.
AOSL PE Valuation
AOSL has no meaningful PE right now: it lost money over the past year.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
AOSL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AOSL 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 AOSL on earnings quality, reporting a profit while its opponent remains loss making.
AOSL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.54 | +$1.74 |
| Q2 2026 | -$1.41 | +$1.89 |
| Q1 2026 | -$3.59 | -$2.81 |
| Q4 2025 | -$3.50 | -$2.70 |
| Q3 2025 | -$3.28 | -$2.61 |
| Q2 2025 | -$3.30 | -$2.91 |
| Q1 2025 | -$0.78 | -$0.49 |
| Q4 2024 | -$0.80 | -$0.22 |
AOSL lost $1.54 per share over the past year, a smaller loss than the year before.
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 has the edge over AOSL on sales, with more consistent year-over-year improvement.
| 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 AOSL on profitability, with a higher operating margin.
AOSL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $177.8M | -2.6% |
| Q2 2026 | $170.4M | -3.5% |
| Q1 2026 | $163.8M | -0.5% |
| Q4 2025 | $162.3M | -6.3% |
| Q3 2025 | $182.5M | +0.3% |
| Q2 2025 | $176.5M | +9.4% |
| Q1 2025 | $164.6M | +9.7% |
| Q4 2024 | $173.2M | +4.8% |
AOSL's revenue grew through 2023 and has held roughly level since: $178M last quarter, down 2.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -5.1% | -2.6 points |
| Q2 2026 | -6.5% | +0.1 points |
| Q1 2026 | -8.6% | -2.1 points |
| Q4 2025 | -8.4% | -4.9 points |
| Q3 2025 | -2.5% | -2.4 points |
| Q2 2025 | -6.6% | -5.7 points |
| Q1 2025 | -6.5% | +0.5 points |
| Q4 2024 | -3.4% | -2.7 points |
AOSL's operating margin was −5.1% 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 has the edge over AOSL on cash generation, producing positive trailing cash flow while its opponent burns cash.
AOSL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.6M | -955% |
| Q2 2026 | -$24.9M | -$7.8M |
| Q1 2026 | -$20.5M | -$19.4M |
| Q4 2025 | -$23.1M | -450% |
| Q3 2025 | $420K | -90% |
| Q2 2025 | -$17.2M | -$17M |
| Q1 2025 | -$1.1M | -105% |
| Q4 2024 | $6.6M | +$39.6M |
AOSL has burned cash in six of the last eight quarters: −$72M over the past year, against −$11M the year before.
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 AOSL 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.
AOSL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +335K shares |
| 1 year | +0.8% | +250K shares |
| 3 years | +1.7% | +500K shares |
| 5 years | +9.6% | +2.6M shares |
| Available history | +23% | +5.6M shares |
AOSL has 30M diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $4.2M |
| Q2 2024 | — |
| Q2 2023 | $10.8M |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
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's net debt is less than a year of its operating earnings (EBITDA).
AOSL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -17.4x | Net Cash |
| Q2 2026 | -12.6x | Net Cash |
| Q1 2026 | -12.9x | Net Cash |
| Q4 2025 | -8.8x | Net Cash |
| Q3 2025 | -7.4x | Net Cash |
| Q2 2025 | -3.7x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -4.0x | Net Cash |
AOSL has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
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).
AOSL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.6 | Neutral |
| Stochastic | 35.8 | Neutral |
AOSL's weekly RSI is 53 (neutral) and its Stochastic is 36 (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.
AOSL PE vs Technology Sector
| Metric | AOSL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
AOSL 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 is in an uptrend: it's above all five of its weekly moving averages, and 57% above its 200-week average.
AOSL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.9 | 18% above |
| 20 week MA | $28.5 | 7.2% above |
| 50 week MA | $28.9 | 5.6% above |
| 100 week MA | $28.2 | 8.2% above |
| 200 week MA | $28.9 | 5.6% above |
AOSL has climbed back above all five of its weekly moving averages, and it's now 5.6% above 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 finished higher in five of the last six years. It's up 30% so far in 2026.
AOSL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.7 | $23.4 | +72% |
| 2021 | $23.4 | $55.3 | +136% |
| 2022 | $55.3 | $28.7 | -48% |
| 2023 | $28.7 | $26.1 | -9.3% |
| 2024 | $26.1 | $38.4 | +47% |
| 2025 | $38.4 | $20.1 | -47% |
| 2026 YTD | $20.1 | $30.5 | +52% |
AOSL has the edge over AAPL on returns for 2026, with the stronger performance.