Apple: Magically Shrinking

08:00am, Sunday, 06'th Aug 2023
Apple has reported three consecutive quarters of declining revenues, with only the Services category showing solid growth. The management team predicts another bad quarter for FQ4, with revenues expec
iPhone sales are slowing down, and aren't apt to bounce back anytime soon, if ever. Apple makes more from the sale of physical products, but its services revenue is becoming a critical profit center.

2 Warren Buffett Stocks to Hold Forever

07:30am, Sunday, 06'th Aug 2023
Warren Buffett likes to say his favorite holding period for stocks is "forever." Tech behemoth Apple makes up nearly 50% of Berkshire Hathaway's portfolio.
Stocks that have grown dividends have underperformed the market-cap weighted S&P 500 in the past decade. Companies with significant net debt positions and high dividend payouts have limited capital ap
Warren Buffett's Berkshire Hathaway reported net income of $35.91 billion for the second quarter, boosted by stock holdings such as Apple.

Apple Earnings Fallout: The Fall of the King

11:30am, Saturday, 05'th Aug 2023
Apple saw its third consecutive quarter of declining sales.
Berkshire Hathaway holds many solid blue chip stocks in its portfolio. Four of the company's top five holdings, however, have underperformed the S&P 500 this year.
Apple has become the quintessential Buffett stock. Visa is an excellent business selling at a reasonable valuation.
Buffett's second-biggest position isn't a stock. Close to $104 billion of Berkshire Hathaway's money is in a safe investment with attractive yields.
The maximum 401(k) contribution allowed is $22,500 ($30,000 if you're 50 or older). IRAs offer more flexibility with investments and withdrawals.

Rosenblatt Downgrades Apple (AAPL)

01:33am, Saturday, 05'th Aug 2023
Fintel reports that on August 4, 2023, Rosenblatt downgraded their outlook for Apple (NASDAQ:AAPL) from Buy to Neutral.
The S&P 500 fell 0.5% on Friday, Aug. 4, 2023, after the Labor Department's latest jobs report showed the pace of hiring slowed.
Apple's earnings beat soft expectations on both profit and revenue, but overall sales declined 1% as iPhone, iPad, and Mac sales flagged.

Apple Crushes Quarter Once Again

02:38pm, Friday, 04'th Aug 2023
During Apple Inc.'s ( AAPL , Financial) fiscal third-quarter earnings call on Aug. 3, CEO Tim Cook and Chief Financial Officer Luca Maestri discussed factors that impacted the company's performance.

Apple's Market Value Drops Below $3 Trillion

02:37pm, Friday, 04'th Aug 2023
Forrester Research analyst Julie Ask recaps Apple's earnings results as the company faces tepid demand for mobile phones. She speaks with Ed Ludlow on "Bloomberg Technology.
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