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Apple $AAPL gets a downgrade from Needham which warns that investors shouldn't enter a position until the price hits $170-$180
Source: Barchart
Apple $AAPL has now declined for 7 consecutive days, its longest losing streak since March 2024.
Source: Barchart
Apple has bought back $693 billion in stock over the past 10 years, which is greater than the market cap of 488 companies in the S&P 500
Source: Charlie Bilello
Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company’s closely-watched Services division came up light versus estimates.
➡️ $AAPL Apple Q2 FY25 (March quarter): Services +12% Y/Y to $26.6B. Products +3% Y/Y to $68.7B. • Revenue +5% Y/Y to $95.4B ($0.8B beat). • Operating margin 31% (+0pp Y/Y). • EPS $1.65 ($0.03 beat). Source: App Economy Insights
We have come along way...
Source: Out of Context Human Race @NoContextHumans
Apple's largest-ever investment commitment, by the numbers:
• Includes work in all 50 states • Doubles its US Manufacturing Fund • Creates Detroit manufacturing academy The project will start later this year with construction of a Houston-based AI server facility Source: Morning Brew
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