Warren Buffett's Berkshire Hathaway is currently sitting on an unprecedented and massive cash pile, with approximately 31% of its portfolio held in cash and short-term Treasury bills—a record $381 billion.
Strong cash flows reflect financial stability, allowing companies to pay down debt, pursue growth opportunities, and shell out dividend payments.
CNBC's Alex Kovach and Big Technology's Alex Kantrowitz join 'Closing Bell' to discuss Apple's AI strategy, challenges with minimal spend and much more.
Follow-up model -- internally known as “V62” -- had been slated to debut in fall 2026 alongside the iPhone 18 Pro and Apple's first foldable iPhone.
Apple stock (NASDAQ:AAPL) has a robust history of quick up moves, with rallies of over 30% in less than two months during several years including 2010, 2019, and 2024. Particularly, there were two instances where the gains surpassed 50% within approximately two months, notably in 2012 and 2020.
Apple reportedly wants to determine whether Apple Fitness+ is still a good fit for Apple. As Bloomberg News' Mark Gurman wrote in his weekly column on the tech giant, the future of the app-based fitness platform is now under review, with Apple health head Sumbul Desai taking over management of that division.
QUALCOMM reported a solid Q4 FY2025 and guided Q1 FY2026 above expectations, but investor concerns about concentration risk and near-term growth. Growth in FY2026 is expected to be soft, driven by continued revenue reduction from Apple and potential market share loss on the Samsung Galaxy S26. QCT revenue grew strongly excluding Apple, and management expects to fully diversify away from Apple revenue by FY2027.
Apple Inc (NASDAQ:AAPL, ETR:APC)'s latest iPhone surge in China may be losing steam after an initial wave of strong demand for the iPhone 17 series, according to Jefferies analysts, who said sales are likely to taper as discounts and subsidies run out. Jefferies estimates that iPhone volumes in China grew about 40% year-over-year in October and 38% during the first 30 days of the Double 11 shopping period, driven by robust demand for the iPhone 17 Pro and Pro Max models.
Apple will delay the next version of the iPhone Air amid weak sales and it will not be released in the fall of 2026, the Information reported on Monday, citing sources familiar with the matter.
Apple (NASDAQ:AAPL) stock has been a surprisingly good performer in the last few months, thanks in part to some decent quarterly earnings results and optimism about iPhone 17 going into the holidays and beyond.
Intuit posted a quarter that met expectations, but its revenue forecast was below consensus, sending the stock lower. We initiated a position in Oracle during the period but were underweight on average, which detracted from performance compared with the benchmark. Despite Progressive's solid businesses, the insurance sector faced pressure, and we opted to redeploy capital into areas with stronger secular growth potential.
If any investor has stood the test of time, it is Warren Buffett, and with good reason.