To The Moon

As per my post on 1/5, $Apple(AAPL)$ met my 🐂-ish expectations for earnings despite all the bad🗞🗞🗞 about 🍎 possibly reporting an earning miss. 🍎 on 4/5 reported earnings that beat Wall Street's targets for its fiscal 2nd quarter on strong sales in iPhones & services. ⭐️ 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 billion🐂🐂🐂 ⭐️ On a year-over-year basis, Apple earnings were unchanged while sales fell 3%. It was the 2nd consecutive quarter of sales declines for 🍎 ⭐️ APPL’s revenue for the quarter ending April 1 was $94.8 billion, a decrease of 3% from the same period a year earlier. 👍 APPL’s services revenue increased 5% year over year to $20.9 billion. 👎 But hardware revenue declined 5% to $73.9 billion. 👍 iPhone revenue increased 2% to $51.3 billion. Smartphones accounted for 54% of the company's total sales in the period 👎 Mac computer sales tumbled 31% to $7.2 billion. 👎 iPad sales declined 13% to $6.7 billion. 👌 Wearables, home & accessories unit fell a fraction to $8.8 billion. ⭐️ 🍎 ended the quarter with cash & saleable investments $57 billion greater than its debts. 🥳🥳🥳 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. 🐂🐂🐂 Analysts expect Apple’s operations to produce about $100 billion of free cash flow after capital expenditure over the next 4 quarters, according to Refinitiv🥳 That’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 cushion👍 💡 So after APPL's recent earnings report, should we 🐯🐯🐯 buy 🍎❓ 🤔💭What Is A 👍 Buy Price For APPL🍎❓ To consider this, let’s look at 1 of the top shareholders of 🍎, our beloved Warren Buffett❣️ ⭐️ He acquired 895 Million 🍎 shares worth $150 Billion. It makes up 45.82% of their stock portfolio & is their biggest holding. ⭐️ His 1st 🍎 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 far😱😱😱 🤔💭 In 2022, Buffett added 🍎 shares when 🍎 had an average closing price between $142.91-$168.16. As such, I would use this range as a guide to Buffet’s fair value of 🍎 As I’m an investor who loves a bargain, I’ll wait for the 🇺🇸 recession to hit, 🍎 to drop price, then add at $143😉 Fellow 🐯🐯🐯 What do you think is a fair price for 🍎 before you would enter❓Vote🗳 & Comment below⬇️ Looking in the short-term, I'm still 🐂-ish for AAPL🍎 but I'm 🐻-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 research🔍 presented in a fun & easily understandable way😉 & for the Latest Stock & 🗞🗞🗞 Updates🕵🏻‍♀️❣️ Please help to click on the “Like” & “Share/Repost” buttons at the Bottom Right corner so that more 🐯🐯🐯 can access this information, many thanks🤗🥰 You will Greatly Encourage Me❣️ As usual-🤔💭 Consider POV & Actions of Investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰 @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion @Tiger_Earnings