AAPL
Apple Inc.
AAPL offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
SCSC
ScanSource, Inc.
SCSC has a slight edge over AAPL overall, supported by stronger modeled upside and stronger valuation.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
SCSC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Healthy |
SCSC's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is 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.
SCSC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $27.69 | -37% |
| Forward | 8.9x | $44.26 | — |
| Fair | 13x | $42.03 | -5% |
| Current | 14x | $44.26 | — |
| Expensive | 17x | $52.71 | +19% |
Historical ranges are pointers, not guarantees.
SCSC has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
SCSC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
SCSC has the edge over AAPL on the outlook, with more favorable valuation and 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 SCSC on earnings, with more consistent year-over-year improvement.
SCSC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.00 | +58% |
| Q3 2026 | $3.17 | -0.9% |
| Q2 2026 | $3.64 | +21% |
| Q1 2026 | $3.29 | +18% |
| Q4 2025 | $3.25 | +27% |
| Q3 2025 | $3.20 | +1.9% |
| Q2 2025 | $3.00 | -2% |
| Q1 2025 | $2.79 | -12% |
| Q4 2024 | $2.55 | -27% |
SCSC earned $3.17 per share over the past year, about the same as 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 SCSC 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 SCSC on profitability, with a higher operating margin.
SCSC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $962.3M | +30% |
| Q2 2026 | $953.1M | +17% |
| Q1 2026 | $766.8M | +8.8% |
| Q4 2025 | $766.5M | +2.5% |
| Q3 2025 | $739.7M | -4.6% |
| Q2 2025 | $812.9M | +8.9% |
| Q1 2025 | $704.8M | -6.3% |
| Q4 2024 | $747.5M | -16% |
SCSC's revenue has grown year over year for four quarters in a row: $962M last quarter, up 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.3% | -2.2 points |
| Q2 2026 | 3.3% | 0 points |
| Q1 2026 | 3% | -0.1 points |
| Q4 2025 | 2.3% | -0.1 points |
| Q3 2025 | 3.5% | +1.2 points |
| Q2 2025 | 3.3% | +0.4 points |
| Q1 2025 | 3.2% | +0.8 points |
| Q4 2024 | 2.5% | -0.6 points |
SCSC's operating margin was 1.3% last quarter, down 2.2 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 SCSC on cash flow, with more consistent year-over-year improvement.
SCSC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$44.1M | -312% |
| Q2 2026 | -$4.8M | -193% |
| Q1 2026 | $69M | +6.7% |
| Q4 2025 | $28.9M | +$37M |
| Q3 2025 | $20.8M | -51% |
| Q2 2025 | $5.1M | -90% |
| Q1 2025 | $64.6M | -59% |
| Q4 2024 | -$8.2M | -113% |
SCSC usually generates cash, though not every quarter: the latest was −$44M, but it generated $49M 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 14.7B diluted shares, down 1.9% from a year ago, with $86.4B in buybacks over the past year.
| 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.
SCSC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -4.6% | -1M shares |
| 1 year | -7.7% | -1.7M shares |
| 3 years | -18% | -4.5M shares |
| 5 years | -20% | -5M shares |
| Available history | -18% | -4.7M shares |
SCSC has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8M |
| Q2 2026 | $26.5M |
| Q1 2026 | $32.7M |
| Q4 2025 | $17.4M |
| Q3 2025 | $21.3M |
| Q2 2025 | $25.3M |
| Q1 2025 | $28.9M |
| Q4 2024 | $24.2M |
SCSC spent $81M buying back its own shares over the past year, down 18% from the year before.
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 SCSC on leverage, with a lower net debt burden relative to earnings.
SCSC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 0.3x | Very low |
SCSC's net debt is less than a year of its operating earnings (EBITDA).
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).
SCSC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.4 | Neutral |
| Stochastic | 24.2 | Neutral |
SCSC's weekly RSI is 37 (neutral) and its Stochastic is 24 (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.
SCSC PE vs Technology Sector
| Metric | SCSC | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 28x | 50% below |
| PE % | 53 | 35 | 18 pts above |
SCSC has the edge over AAPL on valuation relative to its sector.
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 SCSC on trend strength, trading above more of its moving averages.
SCSC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $55.9 | 21% below |
| 20 week MA | $55.5 | 20% below |
| 50 week MA | $46.8 | 5.4% below |
| 100 week MA | $43.8 | 1.1% above |
| 200 week MA | $41.0 | 7.9% above |
SCSC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 7.9% 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 the edge over SCSC on returns for 2026, with the stronger performance.
SCSC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.6 | $26.2 | -28% |
| 2021 | $26.2 | $34.6 | +32% |
| 2022 | $34.6 | $29.1 | -16% |
| 2023 | $29.1 | $39.6 | +36% |
| 2024 | $39.6 | $47.8 | +21% |
| 2025 | $47.8 | $39.7 | -17% |
| 2026 YTD | $39.7 | $44.3 | +11% |
SCSC has finished lower in three of the last six years. It's up 11% so far in 2026.