Buffett first bought AAPL in 2016 (10 million shares) when the price was in the 20s (and has continued buying since). So he’s about 6x on his initial investment in 5 years despite getting in way after the ground floor. I’d say that’s doing ok.And Warren Buffet didn't do very well during last year's COVID recovery.
The Car and AR are not revenue earning so why would they appear in an earnings report? They aren't earning anything plus with the lack of forward guidance (hey numbskuls of Wall St... we are gonna release all this cool stuff next quarter... Maybe)Remember two years ago when AR was the big topic on the earnings calls. Lol. That never gets mentioned anymore. Along with the Apple TV Set. Actually, I don't think the car was mentioned today.
Times change but money always rolls in.
I don't know about richbut I'm happy for it to happen if it does. But your point is well taken, correct and great advice to anyone looking to buy a single stock long term.
Growth, cash, brandname, customer retention, dividend and an overlooked one is the constant big number of share buybacks. Apple states they want to be revenue neutral. At current pace they will reduce shares by 9 to 12 % in the next 3 years. They are taking on extremely low APR debt to do this. It's extremely smart capital management that returns heavily to shareholders while making the company's foundation and abilities stronger.
Number of shares and earnings have a direct correlation on stock price.
Simply life experience.This made me chuckle. I'm glad we have our own MR psychologist on staff.
Glad the stock is rising as my mutual funds have AAPL stock too.Good thing you got out when you did...