FAQs
Jim Cramer reasserts his bullish stance on Apple, says it doesn't need to chase enterprise customers. CNBC's Jim Cramer explained that Apple does well to focus on its key demographic — the consumer.
What does Warren Buffett think about Apple? ›
Just three years ago, Buffett proclaimed that Apple was "probably the best business I know in the world" during an interview on CNBC.
Is Apple a good stock to buy and why? ›
AAPL has been an exceptional investment. Since its IPO over 40 years ago, it has generated an exceptional return. In the past five years alone, AAPL has increased by 320%. The iPhone is at the heart of Apple's sales.
What percent of Apple does Warren Buffett own? ›
Almost half of the total portfolio
It owns nearly 790 million shares of Apple stock, or a 5.1% stake in the company. Buffett recently grouped Apple together with American Express and Coca-Cola as stocks he plans to hold forever.
What did Elon say about Apple? ›
On Monday evening, Musk wrote on his social media platform X that adding OpenAI's tech into Apple's systems "is an unacceptable security violation." He added that visitors to his businesses, which also include SpaceX, "will have to check their Apple devices at the door, where they will be stored in a Faraday cage."
What is the new Apple controversy? ›
The tech giant's spot for the iPad Pro depicts items used to make art, like a record player, paint cans, a piano, a trumpet, and a sculpted bust, being compressed into bits by a hydraulic crusher. The reaction to the spot has ranged from it being called a sign of a "dystopian future" to "ghoulish and tone-deaf."
Who is the largest shareholder of Apple stock? ›
Largest shareholders include Vanguard Group Inc, BlackRock Inc., Berkshire Hathaway Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Fmr Llc, Morgan Stanley, and Price T Rowe Associates Inc /md/ .
At what price did Buffett buy Apple shares? ›
Buffett began buying Apple in the first quarter of 2016, but there's no way to know exactly what his average share price was. But if you use the highest closing that quarter as a conservative estimate, it means that you would have paid $27.06 per share for Apple.
Why is Berkshire selling Apple? ›
So, why did Buffett sell? In a word: taxes. Buffett thinks paying taxes now on the massive capital gain for Berkshire's Apple shares is a smart move. "We are paying a 21% federal rate on the gains we're taking on Apple.
What is Apple stock forecast for 5 years? ›
Analysts are expecting Apple to sustain double-digit earnings growth of 11% for the next five years. Based on its fiscal 2023 earnings of $6.13 per share, its bottom line could jump to $10.33 per share in five years.
The stock has gained more than 30% over the last three months, and is now not only positive for the year, but is up 21.75% in 2024 - which is higher than what the S&P 500 Index ($SPX) has delivered over the period.
What are the 10 best stocks to buy right now? ›
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Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
---|
ServiceNow (NOW) | 1.49 | Strong Buy |
Assurant (AIZ) | 1.50 | Strong Buy |
Howmet Aerospace (HWM) | 1.50 | Strong Buy |
Insulet (PODD) | 1.50 | Strong Buy |
21 more rows
Does Warren Buffett still believe in Apple? ›
Apple is still Buffett's largest position
Although there's never really a perfect time to sell a stock, Buffett's insights above are intriguing. Basically, he's alluding that if tax rates indeed rise, then Berkshire would be required to pay higher capital gains on Apple in the future.
What stock does Warren Buffett recommend? ›
8 Best Warren Buffett Stocks to Buy in 2024
Stock | Implied Upside from July 15 close |
---|
Apple Inc. (AAPL) | 2.4% |
American Express Co. (AXP) | 18.9% |
Coca-Cola Co. (KO) | 7.2% |
Chevron Corp. (CVX) | 22.1% |
4 more rowsJul 16, 2024
Why Buffett loves Apple? ›
He's seen how devoted Apple users are to their devices, and has viewed the iPhone as an extraordinary product that could keep its customers spending inside the Apple ecosystem. He calls it a moat, one of his favorite words for describing his preferred businesses.
What does Zacks say about Apple? ›
Apple currently has an average brokerage recommendation (ABR) of 1.62 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
What is the prediction for Apple investment? ›
AAPL Stock 12 Month Forecast
Based on 35 Wall Street analysts offering 12 month price targets for Apple in the last 3 months. The average price target is $230.25 with a high forecast of $300.00 and a low forecast of $164.00. The average price target represents a -1.77% change from the last price of $234.40.
Is Apple financially healthy? ›
Apple has the Financial Strength Rank of 7.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is.
What is Apple controversial issues? ›
Our research highlights several ethical issues with Apple, including climate change, environmental reporting, habitats & resources, pollution and toxics, arms & military supply, human rights, workers' rights, supply chain management, irresponsible marketing, anti-social finance, and political activities.