Yahoo Finance·2025-10-04 11:57Core Insights - Apple has a strong and loyal customer base due to its unique business model established in the 1980s, which has created an ecosystem of devices that enhances user loyalty and supports its reputation for quality [1][3] - Apple is currently valued at approximately $3.8 trillion, making it the third-most valuable publicly traded company in the US, with a fiscal year 2024 revenue exceeding $391 billion [2] - The company has a user base of around one billion, supported by a diverse range of products and services, including the iPhone, iPad, and MacBook [3][12] Apple Financial Performance - In fiscal Q3 2025, Apple reported record revenues of $94 billion, reflecting a 10% year-over-year increase, and earnings per share (EPS) of $1.57, which is a 12% increase year-over-year [10] - The company has a Moderate Buy rating from analysts, with a price target of $290, indicating a potential upside of approximately 13% from the current price of $257.13 [12] AI Hardware Market Insights - The AI hardware sector is experiencing significant growth, with a projected enterprise inference market size of $1.3 trillion by 2030, reflecting a compound annual growth rate (CAGR) of 67% [5] - Super Micro Computer is identified as a key player in AI hardware, generating $22 billion in revenue in its last fiscal year and focusing on high-performance computing systems [14] - Despite its growth potential, Super Micro has faced challenges, including missed earnings expectations and governance issues, leading to a Market Perform rating with a price target of $46, indicating a potential downside of 12% [17][18]