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Berkshire Hathaway Discloses Nearly $1 Billion Stake in Apple
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AAPL stock is still up almost double its price 5 years ago. It is down from its peak about 1 year ago but AAPL is a long-term investment. There was a period 4 years ago when AAPL was valued at a similar price as today (pre-split adjusted to post-split values) but 3 years ago AAPL was in the $64 / share range (post-split values). This is just a lull in stock value and not a bad time to buy.
Berkshire Hathaway's ownership of so many AAPL shares demonstrates just this. It's a solid stock to own that will give steady growth and dividends over time. Don't buy AAPL anymore if you're looking to make a quick buck. You buy it because you value what they do as a company and you see the growth potential. Don't buy AAPL if you think they aren't innovating or can't innovate anymore - leave the stock to me to buy. I'll gladly buy more to boost my (meager) portfolio.
Berkshire Hathaway's ownership of so many AAPL shares demonstrates just this. It's a solid stock to own that will give steady growth and dividends over time. Don't buy AAPL anymore if you're looking to make a quick buck. You buy it because you value what they do as a company and you see the growth potential. Don't buy AAPL if you think they aren't innovating or can't innovate anymore - leave the stock to me to buy. I'll gladly buy more to boost my (meager) portfolio.
Been long on Apple since the early 2000s. The recent activity is just another bump in the road, and a fortuitous one, as I was able to reinvest my dividends when the market opened on Friday at $90/share.
I have no idea what my gains are over all these years, but I'm not the least bit worried about Apple stock tanking, now or in the future. What I don't care for is the institutional investors who drive the stock down just because they're not making the year over year gains they expected to.
How many companies get beaten up by the market when they only post a 40% profit?
MacDann
Some bad press without context. Most people probably wouldn't know the hedge fund that got out of Apple actually did so last year.
Berkshire Hathaway isn't known for short term investments.
I would recommend reading more into Buffett and value investment strategy to better understand the value of this move.
HAHAHAHAHAHAHA, you really made me laugh ... Keep telling that yourself ... Classic signs of a bubble economy
Icahn isn't a trader either, he has a different investment style and you can call him a "bully investor", but like all investors (including Bufffet) they hate to lose money and Buffet has sold shares before when things were not going good!!!
We all know Apple can go up, Infact it can go much much higher that it is now.
They just need to invest in the right products and the right price.
I have money to spend and I want to spend it on Apple products.
I just don't want to be ripped off.
They just need to invest in the right products and the right price.
I have money to spend and I want to spend it on Apple products.
I just don't want to be ripped off.
Agreed.. In this economy where I have to decide do I want a top of the line $3000 MBPr? or a weeks vacation in Honolulu...
Apple needs to get off its high horse and cuts those profit margins in half
Regarding the David Tepper stuff. He dumped the stock a while ago. The article states that it was 1.26 million shares at a value of $133 million. That's an average stock price of $106/share.
I'm thinking this information got regurgitated in an attempt to drive the stock price lower so the Big Guys could buy back in under $90. We may be able to see when they disclose their fund's holdings after June 30th.
I'm thinking this information got regurgitated in an attempt to drive the stock price lower so the Big Guys could buy back in under $90. We may be able to see when they disclose their fund's holdings after June 30th.
Indeed.
9.8m shares, out of approx 5.7b total Apple shares = just under 0.2%
I think my only point was awe at these massive numbers!
Only because his friend, the President refused to approve a pipeline from Canada to Oklahoma. Hmmmm.
After lurking for literally five years, this comment was so silly I just had to register. There is absolutely no such thing. Are you aware of the concept of arbitrage? I'm looking at my quote system now and there are thousands of shares for sale, we should go buy all of them, after all we're going to get a $40,000 premium for selling them aren't we?
I was not trying to judge the investment strategy, just annoyed the iPhone 7 looks like it's going to suck and be the iPhone 6SS
I was not trying to judge the investment strategy, just annoyed the iPhone 7 looks like it's going to suck and be the iPhone 6SS
Sorry if I worded it wrong. I meant the repercussions of a Buffett entrance will go far beyond 1 product line or 1 cycle, from a value investment perspective. One cool thing people like Buffett's style of investment, is he puts goals for companies and let's them do what they do best.
Not sure if you were trying to be sarcastic, but you're right, it doesn't work that way. Just because someone buys or sells a stock doesn't make it manipulation. A manipulation is when they leak insider news about the company, or otherwise fabricate a story that influences the stock price. There are probably other forms of manipulation that are more subtle, but this isn't one of them. This is buying a stock and making a regulatory filing. The stock is at a fantastic price point right now.
Great news that Buffett is betting big on Apple. Hopefully this ends all the doom and gloom for awhile, and we can all get back to drooling over new Macs and iPhones coming later this year.
Tech or no tech, Apple represents a tremendous value for any investor. People have a herd mentality which is why people like Warren are rich; he buys stocks that represent great value when everyone is selling due to Wall Street's fixation on short term trends.
Just look at valuations for Amazon and Facebook... Amazon is one misstep away from being in the red and Apple's Mac business is bigger than all of Facebook, yet people are piling on like those companies' profits are within striking distance of Apple's when it's more likely that neither of those companies will ever have as profitable quarter as Apple had this past quarter which the media has been mislabeling as their "worst quarter"... Sounds like a great buying opportunity if you ask me.
Jeff Matthews, an author of Berkshire-related books, said that according to the article.
See here is the deal, I would spend $3000 on a MBPr, if I was getting value for the money. The problem is right now I am getting outdated laptop which isn't worth $3000.
I am hoping Apple, turns things around at WWDC. But seriously, I have been an apple customer for since 2003, I haven't ever been this annoyed with the product line up.
Buffet is legendary and immensely successful because he is a strategic long-term investor. He invests in companies that sometimes takes years or even decades to show steady stock growth. Like Pepsi and other blue chips. It's been said that AAPL's fast-growth days are over, so it makes sense to categorize it closer to a long-term growth blue chip company like Pepsi or even McDonalds. They are globally familiar house-hold brands with huge loyal followings, so those brands will not die any time soon. Their stocks, on the other hand, are better for long-term growth like investing for your grandchildren's college fund. Not so great if you want to retire in 3 years. Even Microsoft has stopped being a fast-growth stock.Well, I guess this is better news then other investors dumping Apple
That's in stark contrast with the stock dumpers and manipulative shorters like Icahn. They're not in it for the long haul.
Is the end of "fast-growth stock" for Apple also correlate with the end of fast-pace innovation? Possibly. Apple can still innovate so long as they have some smart people inside (which they do). But these days, it's unrealistic to demand that Apple surprise us with something totally new and exciting every year.
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Apple could theoretically make a brilliant iPhone 7 and the stock could still tank the next day. Such a thing has happened before.
And Apple could theoretically announce record blockbuster profits/sales, and then the stock takes a dive the next day. Oh hey, it's also happened many times before.
People are betting that the iPhone 7 will suck, the downward trend on APPL tells that.