Berkshire Hathaway now owns 5.8% of public Apple stock

Warren Buffett's Berkshire Hathaway continues to increase its stake in Apple stock, adding 333,856 shares in Q4 2022.

Wesley Hilliard 3 years ago 7

Apple Services revenue hit an all-time high of $20.8 billion

Amidst a downturn in most hardware categories, Apple set a new record for its Apple Services business, beating Wall Street's expectations for the segment.

Andrew Orr 3 years ago 7

Apple's Q1 earnings hit hard by iPhone production problems

Apple has hauled in $117.15 billion in revenue for its first quarter results of 2023, with the earnings impacted by both an economic downturn and Chinese factory issues.

Malcolm Owen 3 years ago 24

With good iPhone earnings expected, analysts turn to holiday quarter

Apple is edging slightly ahead of Wall Street's expectations for the September quarter that includes the iPhone 14 launch, so analyst focus is already starting to shift to the crucial holiday quarter.

Andrew Orr 3 years ago 0

Morgan Stanley pares AAPL target slightly to $177

Ahead of Apple's earnings call on October 27, Morgan Stanley believes Apple will beat Wall Street's expectations for the September quarter, although it very slightly lowered its price target for Apple's stock.

Andrew Orr 3 years ago 6

Apple is going to see another record-breaking fourth fiscal quarter

Apple is on track to beat Wall Street's fourth fiscal quarter expectations and quarterly revenue records as JP Morgan forecasts a revenue of $90 billion for the company.

Andrew Orr 3 years ago 5

Apple is the greatest stock of all time says CNBC's Jim Cramer

"Mad Money" host Jim Cramer advises investors to tenaciously hold on to Apple stock for the long term, regardless of any short-term issues.

William Gallagher 3 years ago 5

Berkshire Hathaway added 3.9M more Apple shares in Q2 2022

Warren Buffett-owned firm Berkshire Hathaway purchased nearly 4 million more Apple shares in the second quarter of 2022, according to regulatory documents.

Mike Peterson 3 years ago 3

Breaking down Apple's tricky, 'gravity defying' $83 billion June quarter

Apple again beat Wall Street expectations despite a tough macroeconomic environment and supply chain issues. Here's what analysts thought after the call, and how the earnings compare to pre-pandemic Apple.

Mike Peterson 3 years ago 20

Apple not slowing hiring, but being more deliberate about it says CEO Tim Cook

Rumors had suggested Apple would slow hiring and cut spending for select teams, but CEO Tim Cook wouldn't describe it as a slow down.

Wesley Hilliard 3 years ago 0

Apple reports record-breaking $83B in revenue in supply impacted Q3 2022

Apple has reported that it made a record-breaking $83 billion in the third quarter of 2022, coming slightly ahead of Wall Street expectations for the economically impacted fiscal period.

Mike Peterson 3 years ago 32

Apple still a safe haven stock amid sticky macroeconomic situation, analyst says

Apple will see only limited near-term or medium-term risks because of the current macroeconomic conditions, according to investment bank JP Morgan.

Mike Peterson 3 years ago 4

Morgan Stanley trims AAPL target to $180 on weaker than expected quarter

Investment bank Morgan Stanley has cut its Apple price target to $180 from $185 and is expecting June quarter results slightly below Wall Street expectations.

Mike Peterson 3 years ago 3

App Store is still growing, but not as much as expected says Katy Huberty

A slowdown in App Store growth in the month of May could pose a risk to Apple's Services revenue in the June quarter, according to investment bank Morgan Stanley.

Mike Peterson 4 years ago 4

Warren Buffett's Berkshire Hathaway bought $600M worth of Apple in Q1

Warren Buffett said he purchased $600 million worth of Apple shares during a dip in the March quarter, and would have bought more if the stock price didn't bounce back.

Mike Peterson 4 years ago 0

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