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๐Ÿค”๐Ÿ’ญWhat Is A ๐Ÿ‘ Buy Price For APPL๐ŸŽโ“

@LMSunshine๏ผš
As per my post on 1/5, $Apple(AAPL)$ met my ๐Ÿ‚-ish expectations for earnings despite all the bad๐Ÿ—ž๐Ÿ—ž๐Ÿ—ž about ๐ŸŽ possibly reporting an earning miss. ๐ŸŽ on 4/5 reported earnings that beat Wall Street's targets for its fiscal 2nd quarter on strong sales in iPhones & services. โญ๏ธ Earnings of $1.52 a share on sales of $94.8 billion for the quarter ended April 1. Analysts polled by FactSet had predicted Apple earnings of $1.43 a share on sales of $92.9 billion๐Ÿ‚๐Ÿ‚๐Ÿ‚ โญ๏ธ On a year-over-year basis, Apple earnings were unchanged while sales fell 3%. It was the 2nd consecutive quarter of sales declines for ๐ŸŽ โญ๏ธ APPLโ€™s revenue for the quarter ending April 1 was $94.8 billion, a decrease of 3% from the same period a year earlier. ๐Ÿ‘ APPLโ€™s services revenue increased 5% year over year to $20.9 billion. ๐Ÿ‘Ž But hardware revenue declined 5% to $73.9 billion. ๐Ÿ‘ iPhone revenue increased 2% to $51.3 billion. Smartphones accounted for 54% of the company's total sales in the period ๐Ÿ‘Ž Mac computer sales tumbled 31% to $7.2 billion. ๐Ÿ‘Ž iPad sales declined 13% to $6.7 billion. ๐Ÿ‘Œ Wearables, home & accessories unit fell a fraction to $8.8 billion. โญ๏ธ ๐ŸŽ ended the quarter with cash & saleable investments $57 billion greater than its debts. ๐Ÿฅณ๐Ÿฅณ๐Ÿฅณ APPL said it would increase its dividend by 4%, to 24 cents per share per quarter. Apple also authorized the repurchase of $90 billion of stock. ๐Ÿ‚๐Ÿ‚๐Ÿ‚ Analysts expect Appleโ€™s operations to produce about $100 billion of free cash flow after capital expenditure over the next 4 quarters, according to Refinitiv๐Ÿฅณ Thatโ€™s nearly enough to cover its newly-raised dividend for a year, & $90 billion buyback program, without touching the balance sheet. Moreover, the company consistently sells iPhones & services faster than it pays suppliers, which adds to its cash cushion๐Ÿ‘ ๐Ÿ’ก So after APPL's recent earnings report, should we ๐Ÿฏ๐Ÿฏ๐Ÿฏ buy ๐ŸŽโ“ ๐Ÿค”๐Ÿ’ญWhat Is A ๐Ÿ‘ Buy Price For APPL๐ŸŽโ“ To consider this, letโ€™s look at 1 of the top shareholders of ๐ŸŽ, our beloved Warren Buffettโฃ๏ธ โญ๏ธ He acquired 895 Million ๐ŸŽ shares worth $150 Billion. It makes up 45.82% of their stock portfolio & is their biggest holding. โญ๏ธ His 1st ๐ŸŽ trade was made in Q1 2016. Since then Buffett bought shares 12 more times & sold shares on 5 occasions. The stake costed the investor $33.5 Billion, netting the investor a gain of 347% so far๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ ๐Ÿค”๐Ÿ’ญ In 2022, Buffett added ๐ŸŽ shares when ๐ŸŽ had an average closing price between $142.91-$168.16. As such, I would use this range as a guide to Buffetโ€™s fair value of ๐ŸŽ As Iโ€™m an investor who loves a bargain, Iโ€™ll wait for the ๐Ÿ‡บ๐Ÿ‡ธ recession to hit, ๐ŸŽ to drop price, then add at $143๐Ÿ˜‰ Fellow ๐Ÿฏ๐Ÿฏ๐Ÿฏ What do you think is a fair price for ๐ŸŽ before you would enterโ“Vote๐Ÿ—ณ & Comment belowโฌ‡๏ธ Looking in the short-term, I'm still ๐Ÿ‚-ish for AAPL๐ŸŽ but I'm ๐Ÿป-ish for $Amazon.com(AMZN)$ $Palantir Technologies Inc.(PLTR)$ $Advanced Micro Devices(AMD)$ $Coinbase Global, Inc.(COIN)$ as I foresee that their next earnings will be likely disappointing. Follow me if you enjoy reading analytical stock research๐Ÿ” presented in a fun & easily understandable way๐Ÿ˜‰ & for the Latest Stock & ๐Ÿ—ž๐Ÿ—ž๐Ÿ—ž Updates๐Ÿ•ต๐Ÿปโ€โ™€๏ธโฃ๏ธ Please help to click on the โ€œLikeโ€ & โ€œShare/Repostโ€ buttons at the Bottom Right corner so that more ๐Ÿฏ๐Ÿฏ๐Ÿฏ can access this information, many thanks๐Ÿค—๐Ÿฅฐ You will Greatly Encourage Meโฃ๏ธ As usual-๐Ÿค”๐Ÿ’ญ Consider POV & Actions of Investors + ๐Ÿ‘ฉ๐Ÿปโ€๐Ÿ’ป๐Ÿ‘จ๐Ÿปโ€๐Ÿ’ป Research + ๐Ÿ—‘FOMO & Greed = Investing Wisely ๐Ÿค“๐Ÿค— + Accumulating Wealth ๐Ÿ’ต๐Ÿ’ฐ @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion @Tiger_Earnings
๐Ÿค”๐Ÿ’ญWhat Is A ๐Ÿ‘ Buy Price For APPL๐ŸŽโ“

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