Company: Apple Inc. (AAPL)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. AppleÕs iPhone makes up a majority of the firm sales, and AppleÕs other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of AppleÕs sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution. -Morningstar.com-
Symbol: AAPL
Recent Price: $208.99
Dividends: $1.00
Yield: 0.48%
Sector: Technology
Industry: Consumer Electronics
Address & Company Phone #: One Apple Park Way Cupertino CA 95014, 408-996-1010
Transfer Agent: Computershare 800-988-5291
Moody’s Rating: Aaa
Minimum & Maximum Investment: $50 – $25,000/quarter
Investment Dates: Monthly
Shares to Qualify: 1 Share
Fees: Div.:$0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $233.08, $164.08