Investors must decide how to proceed with Apple near all-time highs and a significant stakeholder selling shares.
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For the first time since 2018, Buffett’s company didn’t buy back any stock in the quarter, according to FactSet.
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Apple ended its fiscal year with approximately $157 billion in cash and marketable securities and $107 billion in debt. It bought back $25 billion in stock during the quarter.
Apple CEO Tim Cook said the tech giant's AI features will be a "compelling reason" to upgrade to its new iPhone 16.
It should be noted that Apple stock has become significantly more expensive since Buffett first bought it -- the company's price-to-earnings (P/E) ratio has steadily increased over the past eight ...
then I would certainly be willing to review my fair value target and stock rating. The biggest risk for Apple, as I see it, relates to the company’s heavy reliance on hardware revenues.
With its 2-star rating, we believe Apple’s stock is overvalued compared with our long-term fair value estimate of $200 per share, which implies a fiscal 2025 adjusted price/earnings multiple of ...