No. of Recommendations: 4
Thanks for the link. Owned Apple since 2006 and trimmed 5% in the 190s. Nice to hear disconfirming discussion as I am certainly biased, but I continue to believe WEB is Not eager to sell it in a meaningful way given the brand, mind share, ecosystem, mgt, AI, balance sheet and treatment of owners, but who knows? Still drinking the Kool Aid & like the position but may be wrong!
From Apple.com:
“The Company posted quarterly revenue of $119.6 billion, up 2 percent year over year, and quarterly earnings per diluted share of $2.18, up 16 percent year over year.
“Today Apple is reporting revenue growth for the December quarter fueled by iPhone sales, and an all-time revenue record in Services,” said Tim Cook, Apple’s CEO. “We are pleased to announce that our installed base of active devices has now surpassed 2.2 billion, reaching an all-time high across all products and geographic segments. And as customers begin to experience the incredible Apple Vision Pro tomorrow, we are committed as ever to the pursuit of groundbreaking innovation — in line with our values and on behalf of our customers.”
“Our December quarter top-line performance combined with margin expansion drove an all-time record EPS of $2.18, up 16 percent from last year,” said Luca Maestri, Apple’s CFO. “During the quarter, we generated nearly $40 billion of operating cash flow, and returned almost $27 billion to our shareholders. We are confident in our future, and continue to make significant investments across our business to support our long-term growth plans.”
