Warren Buffett has
sold $21 billion worth of
Apple Stock. Despite criticisms,
AAPL nears an all-time high, making some investors question if this is the best time to buy. To counteract a
10% drop in
iPhone sales, Apple has announced its largest-ever
$110 billion share buyback. Some investors, however, remain bearish about AAPL. Notable
financial firms are adjusting their holdings in Apple, both increasing and decreasing. Speculations are rife about Apple's highly-anticipated
Artificial Intelligence (AI) reveal being only 14 days away, exciting some investors. The stock has seen gains as
iPhone shipments surge in China.
iPad Tablet Event results in increased Apple stock. However, concerns are expressed about the stock being a 'dead money'. Despite near-term concerns limiting upside potential, there's optimism for the coming AI-driven
iPhone 16 supercycle. Ahead of the
WWDC, Apple is believed to be witnessing iPhone stabilization.
Buffett is reportedly selling Apple stock due to an
eye-opening reason, as Apple gets an increased price target from analysts. CEO Timothy Cook sells 196410 shares while Apple plans $110 billion buyback causing a pop in AAPL shares. Other analysts consider AAPL as a top holding in tech ETFs, meanwhile, the potential for the stock reaching $250 and becoming a trillion-dollar stock by 2035 is speculated.
Apple Stocks AAPL News Analytics from Mon, 11 Mar 2024 07:00:00 GMT to Thu, 30 May 2024 19:43:00 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor -2
