Apple’s sales in China tell a different story than what analysts have been hearing for months. Where is the disconnect?

That was the big question at Apple’s quarterly results on Thursday. By the time the call concluded, Apple’s stock price had risen more than 6%, and CEO Tim Cook had repeatedly touted his “great view” on Apple’s business in China. But despite Wall Street’s positive reaction to Apple’s results (helped by a massive share buyback … Read more

Your best look yet at the new iPhone 16

Updated May 3: Article originally posted May 1. Although the next iPhone may not be released until September, we know enough about the smartphone to anticipate the changes and adjustments Apple has planned. Apple CEO Tim Cook at WWDC 2019 (Photo: BRITTANY HOSEA-SMALL/AFP/Getty Images) AFP/Getty images Update: Friday May 3: The ShopSystem team has access … Read more

Apple remains Buffett’s largest public stock holding, but his moat thesis raises questions

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Tim Cook and Warren Buffett Getty Images (L) | CNBC(R) He has emerged as one of Apple’s top evangelists in recent years. At the end of 2023, Berkshire owned about 6% of Apple, a stake worth $174 billion at the time, or about 40% of the conglomerate’s total value. That’s about four times larger than … Read more