With Berkshire Hathaway's decision to significantly cut AAPL position, many voices emerged stating that Apple is a 'sell'. Apple ticks all the boxes regarding cash-flow-generating potential, shareholder rewards, sustainability and quality of the business model, as well as valuation. Investors who claim AAPL is overvalued based on its stock price increases seem to miss two crucial factors: share repurchases and the multiple-based approach to assess the valuation.
Apple has sent out invitations for its September event showcasing devices like the iPhone 16. As Bloomberg News reported Monday (Aug. 26), the company will host this event at the Steve Jobs Theater at Apple Park in Cupertino, California, home to Apple's headquarters.
Apple announced today that Chief Financial Office Luca Maestri will step away from his executive role, effective January 1. Kevan Parekh, Apple's current VP of Financial Planning, will be promoted to CFO after 11 years at Apple.
Apple (AAPL) is likely to unveil its newest phones and the next generations of the Apple Watch and AirPods at an event on Sept. 9.
Apple that it will replace Chief Financial Officer Luca Maestri on Jan. 1 with Kevan Parekh.
Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing Luca Maestri who will transition from the role on Jan. 1, 2025.
Apple is gearing up to launch “Apple Intelligence,” a sweeping artificial intelligence (AI) initiative that experts say could rewrite the rules of digital commerce. The tech giant's push comes as Silicon Valley wages an AI arms race.
The old investing adage that you can't beat the market so just buy index funds misses the point.
Analysts see a strong upgrade cycle for the new iPhone series and Apple is expected to launch what they call the biggest software upgrade for the iOS.
Apple said on Monday it will hold its Fall event on Sept. 9 in Cupertino, California, during which it is expected to launch its new iPhone series.
Apple announced it will hold a press event at its headquarters in Cupertino, California, on Monday, Sept. 9, where the company is expected to announce new iPhones and Apple Watch models.
Berkshire Hathaway reduced its position in AAPL by almost -50%, but this doesn't deter the bullish thesis for AAPL. The Fed's rate cuts will likely have a more significant impact on AAPL's investment case than BRK.B's actions. Apple Intelligence and the upcoming upgrade cycle are expected to drive AAPL's market cap to surpass $4 trillion by 2025.