Apple cash warchest put into perspective
by Linas Beliūnas
Apple has bought back $604 billion in stock over the past 10 years, which is greater than the market cap of 492 companies in the S&P 500. $AAPL
Source: Charlie Bilello
Apple Earnings:
While the numbers were mixed, with revenue of almost $82 billion coming above expectations thanks to strong service revenue offsetting iPhone print and a miss on Products, Macs and wearables, what the market did not like (again) is that this was another quarter without revenue growth and the 4rd consecutive quarter of annual revenue declines: the first time for AAPL since 2001. Here are some key number from FY Q1 2024 Apple: • Revenue -1% Y/Y to $89.5B (in-line). Services +16% Y/Y to $22.3B. Products -5% Y/Y to $67.2B. • Operating margin 30% (+3pp Y/Y). • EPS $1.46 ($0.07 beat). • Returned $93B to shareholders in FY23 ($78B in buybacks and $15B in dividends). Source: App Economy Insight, www.zerohedge.com
Apple sales in India over the years
Source: Investywise
The Anatomy of the iPhone:
A fascinating graphic showing key suppliers for Apple's latest smartphone 📲 by Quartr through Linas Beliūnas
Apple $AAPL is reporting earnings on Thursday. Will Q3 results provide a relief for the Magnificent 7 or rather pull the whole group further in corection territory?
No pressure Tim... Source: Trend Spider
Interesting post on apple / google
By: Linus
