Apple: Exit With Buffett

Summary:

  • Apple Inc. reported tepid growth after years of declines, with only 5% growth in sales in the last quarter.
  • Warren Buffett’s Berkshire Hathaway sold Apple shares, indicating a valuation disconnect and a potential lack of future growth.
  • The market is buying too much into Apple Intelligence and the upcoming iPhone 16 launch.
  • The stock still trades at an expensive 30x forward EPS target.

Apple Store At Catalonia Square (Plaza Catalunya) in Barcelona in a neoclassic architecture building

Lobro78

After the market attempted to push Apple Inc. (NASDAQ:AAPL) back up following a return to tepid growth in the last quarter, the news of Berkshire Hathaway Inc. (BRK.B) cashing out might finally return the


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