|Bid||170.43 x 900|
|Ask||170.50 x 1200|
|Day's Range||169.90 - 171.70|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||14.06|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||2.92 (1.71%)|
|1y Target Est||178.49|
Jeffrey Gundlach says Facebook sold themselves as comfortable and safe, but they're not. And they're unrepentant.
WASHINGTON (AP) — An internal team at the Census Bureau found that basic personal information collected from more than 100 million Americans during the 2010 head count could be reconstructed from obscured data, but with lots of mistakes, a top agency official disclosed Saturday.
Sam Jadallah, the former CEO of a smart lock company that shut down just over a year ago, has a new job: He'll be leading the home initiatives at Apple AAPL , sources familiar with the matter told CNBC. Hiring Jadallah is the latest signal that Apple plans to get serious about its own efforts in the home.
Apple's stock had risen 436% in the five years preceding that dinner. After everyone gave an answer, the seasoned chip executive confidently predicted Apple's stock would actually be lower in five years' time, not higher. The executive was wrong, however: Apple shares went on to double in the ensuing five years.
investment fund dumped its entire stake in the software group only months after revealing its $2 billion investment. Berkshire Hathaway's portfolio of around 90 U.S.-listed stocks lost around $38 billion in value over the three months ending in December, the SEC filings noted, as the S&P 500 slumped nearly 15% in a global market sell-off triggered by slowing growth and a then-hawkish U.S. Federal Reserve.
With the news this week that Apple will soon launch video, magazine and news services , I started to wonder how much I was spending already on these kinds of subscriptions. If I really wanted to buy the new Apple bundle, could I afford it? $132 a month! That's way more than I expected.
The iPhone maker is the first to take advantage of proposed changes in U.S. government regulations, and the VA is its first mega-client.
CNBC's Jim Cramer seconds Nvidia's call for more computing and explains why investors have reason to believe in the stock's bottom. The "Mad Money" host also sits down with the CEOs of Johnson & Johnson and Zoetis. In the lightning round, Cramer revealed his pick between two top gaming stocks.
Nvidia has called one bottom already that didn't pan out. The biggest theme on last night's call is yes, things are about to normalize and they are going to normalize in gaming first and then the data center next. There will be no comeback of crypto and there will be a continuation of anything high powered like artificial intelligence or machine learnings or, of course, autonomously drive cars, where, I think Nvidia is the leader.
Johnson & Johnson Chairman and CEO Alex Gorsky speaks to his company's partnership with Apple, deal to buy Auris Health and more in an interview with CNBC's Jim Cramer. The pharmaceutical company is collaborating with Apple to build out the health-care capabilities of its Watch. Gorsky also briefly addresses the company's scandal surrounding its baby powder product.
The two-story building sits in Sunnyvale's Peery Park, a commercial hub in the city where development is booming and tech companies are flocking.
Tech giant Apple Inc. plans to buy Pullstring, a voice application company based in San Francisco, for an undisclosed sum, Axios reported Friday, citing multiple sources. Pullstring was founded in 2011 by former Pixar executives for enhanced computer-based conversations and is backed by Greylock Partners, Charles River Ventures, Khosla Ventures, True Ventures, and First Round Capital among others, according to its website. Axios said the deal will help Siri become more competitive against Amazon.com Inc.'s Alexa given that the iPhone maker has trailed both Google and Amazon in adoption and development of voice technology. Shares of Apple were unchanged in the late trade after falling 0.2% to close at $170.42 in the regular session.
Apple's video service hasn't launched yet, but already one analyst is downplaying its impact on the company. Apple stock dipped after Berkshire Hathaway cut its stake in the company Friday.
Berkshire Hathaway (NYSE:BRK.A) has filed its final 13f report for 2018 detailing its stock investments and, as usual, people are poring over it like Cold War Kremlinologists … the headlines, however, screamed about Buffett selling out of Apple (NASDAQ:AAPL) stock.Source: Shutterstock The report showed the portfolio losing $38 billion during the quarter, almost 21% of its value, during the worst bear market since the 2008 financial meltdown. Berkshire stock fell about 6.5% during the period.But Berkshire only sold about 1% of its Apple stock. AAPL remains the largest holding in the portfolio, and it reportedly wasn't even Buffett doing the selling. The company's "basis" in the shares, its average purchase price, is $126. Apple was due to open on February 15 at $170.40 per share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Hot Stocks Leading the Market's Blitz Higher Buffett Likes BanksBuffett started as a stock investor, Berkshire as a sort of mutual fund representing his investments.As Berkshire grew, however, it began buying entire companies, and is now primarily an insurance firm with brands like GEICO and Homestate. Berkshire is also a major electrical utility, one of the largest solar energy investors in the U.S.To the extent it matters to Berkshire Hathaway shareholders, its stakes in other companies are its "mad money," an investment pool that's an alternative to the usual insurance industry practice of buying bonds or index funds. The 13f lists 14 fund managers, one for each insurance company.Still, journalists tell us, this is Warren Buffett, he must know something.Buffett knows the value of time. Buffett also knows finance. Buffett knows that banking and insurance are great businesses to be in. Buffett also knows how to take advantage of a huge cash position. This brought the decade's biggest win, warrants in Bank of America (NYSE:BAC).The warrants were purchased at the peak of the 2008 crisis. The warrants cost $5, each convertible into a share of common stock which opened for trade Feb. 15 at $28.39. This is nice work if you can get it. You can if you have billions of dollars in cash and don't lose your nerve. Berkshire now owns about 9.5% of the bank. Bank of America is now Berkshire's second-largest holding.The big news in this report is a renewed bet on big banks. New money went into US Bancorp (NYSE:USB), JPMorgan Chase (NYSE:JPM), PNC Financial (NYSE:PNC), and Bank of New York Mellon (NYSE:BK).The 13f shows Berkshire reducing its stake in Wells Fargo (NYSE:WFC), which has been under pressure over its various scandals and opened at $48.80. But Berkshire's cost basis in this stock is $24 per share.The big lesson of Berkshire Hathaway is to buy good companies and let time do your work. Even if they falter, you will still have a profit. Berkshire Hathaway and Tech LossesThat is also the lesson of Apple.Buffett has said in the past he doesn't like tech and doesn't understand it. Maybe we should take him at his word. Apple is less a computing play than a company built on consumer products and services.Early in 2018 Berkshire sold entirely out of IBM (NYSE:IBM), and the big tech news here may be that he's getting back in, having bought stock in Red Hat (NYSE:RHT), which IBM is now acquiring.Buffett's biggest tech mistake now may be Oracle (NASDAQ:ORCL), which Berkshire exited during the quarter at about break-even. The Bottom Line on Berkshire HathawayApple's stock price collapse after it reported earnings in October cost Buffett's portfolio almost $17 billion, the value of its stake plunging from almost $57 billion to about $39.4 billion. It still represented 21.5% of the portfolio at year-end and was its largest holding.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Buffett Goes Bigger on Banks, Pumps Brakes on Apple Stock appeared first on InvestorPlace.
In January, CNBC's Jim Cramer suggested that such a move would make sense for Apple, as it looks to get deeper into health care. Faulkner, who's the third richest woman in the country, runs her company with a strict mantra to never do deals, and never go public. Most CEOs would not balk at the idea of Apple buying their company.
Coca-Cola shares have their worst day in over a decade, Apple gets ready to launch a video streaming service. And the role of Netflix in modern relationships.
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B, $202.78), sold a teensy bit of Apple (AAPL) stock in the fourth quarter of 2018, took new stakes in three companies, dumped one position just a few months after initiating it, and continued to go bonkers for bank stocks.Indeed, the Oracle of Omaha made a total of 17 buys and sells during the three months ended Dec. 31. And because it can be instructive to see what Buffett has been up to, we took a closer look at Berkshire's latest changes to its equity portfolio.We know what the greatest value investor of all time has been doing because the U.S. Securities and Exchange Commission requires all investment managers with more than $100 million in assets to file a Form 13F quarterly to disclose any changes in share ownership. These filings add an important level of transparency to the stock market, and give Buffett-ologists a chance to get a bead on what he's thinking.When Buffett starts a new stake in some company, or adds to an existing one, investors take that as a vote of confidence. On the other hand, if he pares his holdings in a stock, it can spark investors to rethink their own investments.Here's the scorecard for what Berkshire Hathaway bought and sold during the last three months of 2018, based on the most recent 13F, filed on Feb. 14. (Keep in mind that not all "Warren Buffett stocks" are actually his picks - some smaller positions are believed to be handled by lieutenants Ted Weschler and Todd Combs.) SEE ALSO: 57 Dividend Stocks You Can Count On in 2019