Pre-tax profits at the main Irish subsidiary of iPhone maker, Apple last year increased by 6% to $80.96 billion (€70.49 billion) in another record year for the business.New consolidated accounts filed by the Cork based Apple Operations International Ltd (AOIL) show that pre-tax profits increased as revenues rose by $13 billion or 6% from $222.3 billion to $235.3 billion in the 12 months to the end of September 27th last.The pre-tax profits of $80.96 billionn are a $4.6 billion increase on the pre-tax profit ...

Group 1 - The stock market valuations are still considered unattractive, and if there is a significant market decline, the company will utilize its cash reserves [1] - Apple remains the largest single investment for the company, and selling Apple stock too early is viewed as a mistake. The company estimates it has made over $100 billion from its investment in Apple [2] - The company expressed uncertainty about whether it would lower interest rates if it were in charge of the Federal Reserve [3] Group 2 - The company is still involved in investment decisions but will not override any decisions made by CEO Abel that are deemed incorrect [4]

Market Overview - The U.S. stock market is set for a strong opening on March 31, 2026, with major index futures showing significant gains, indicating a bullish sentiment as the first quarter concludes [1] - S&P Futures are trading at 6460.25, up 72.00 points (1.13%), Nasdaq Futures at 23402.25, up 262.50 points (1.13%), and Dow Futures at 45971.00, up 506.00 points (1.11%) [2] Sector Performance - The energy sector is leading with the United States Oil Fund (USO) up 4.53%, indicating strong bullish momentum [3] - Financials are also performing well, with the Financial Select Sector SPDR Fund (XLF) up 1.15%, showing bullish divergence despite recent pressures [3] - Conversely, the Semiconductor ETF (SMH) is down 3.93%, the Solar Power ETF (TAN) is down 2.99%, and the Cannabis ETF (MSOS) is down 3.96%, indicating a rotation out of growth-sensitive sectors [4] Major Stock Movements - Apellis Pharmaceuticals Inc. (APLS) has surged 135.5% to $40.25 on high volume, driven by significant corporate developments [5] - Classover Holdings Inc. (KIDZ) is up 64.6%, and Centessa Pharmaceuticals plc (CNTA) has risen 45.6% to $40.15 [5] - On the downside, PepGen Inc. (PEPG) has dropped 52.0% to $2.03, and Phreesia Inc. (PHR) is down 26.4% to $8.40 following recent updates [6] Upcoming Earnings - McCormick & Company Incorporated (MKC) reported Q1 2026 results with an estimated EPS of $0.61, along with early reporters TD SYNNEX Corporation (SNX) and FactSet Research Systems Inc. (FDS) [8] - Nike Inc. (NKE) is set to release its Q3 2026 earnings after the market close, with analysts expecting an EPS of $0.29, which will be crucial for the retail sector [9] - ConAgra Brands Inc. (CAG) and Cal-Maine Foods Inc. (CALM) are scheduled to report before the market opens on April 1 [10]

Core Viewpoint - Warren Buffett expressed regret over selling a portion of Berkshire Hathaway's Apple shares too soon, highlighting the importance of long-term investment strategies [2][3]. Investment Position - Berkshire Hathaway began acquiring Apple shares around 2016, with the stake peaking at over $170 billion, before being reduced by approximately two-thirds by the end of 2024, leaving a valuation of around $40 billion [4]. Financial Performance - Despite the reduction in stake, Berkshire made over $100 billion pretax on the Apple investment, which remains its largest single investment [5]. - Apple's recent financial results show Q1 FY2026 revenue of $143.756 billion, a 15.65% increase year-over-year, with iPhone revenue reaching an all-time high of $85.269 billion, up 23.3% year-over-year [6][7]. Market Position - Apple's installed base has surpassed 2.5 billion active devices, contributing to significant growth in services revenue, which reached $30.013 billion [6][7]. - Since the start of 2024, Apple shares have increased by 34.23%, currently trading around $246.63, with an analyst consensus price target of $295.31 [7].

We have AirPods Max 2. There they are in purple. AirPods Max 2. AirPods Max one. ...

Core Viewpoint - Warren Buffett expressed that Apple is not yet attractive for investment despite a recent decline in its stock price, indicating a cautious approach in the current market environment [1][2]. Group 1: Investment Position - Apple remains the largest holding of Berkshire Hathaway, valued at $61.96 billion at the end of the previous year [2]. - Buffett indicated that he sold Apple shares too early and would consider buying more if the price becomes more favorable, but not in the current market conditions [2]. - The firm has realized over $100 billion in pretax gains from its investment in Apple [2]. Group 2: Leadership Commentary - Buffett praised Tim Cook's management skills, stating that he has performed well with the resources provided to him, which were different from those available to Steve Jobs [3]. - He highlighted Cook's ability to maintain good relationships with others, a skill that Buffett noted he and his partner Charlie Munger do not possess [3].

Market Sentiment - The CNN Fear & Greed Index is at 13, indicating Extreme Fear, a significant drop from 8, the lowest level since 2022, when the collapse of Terraform Labs led to a $440 billion loss in market capitalization within a week [2][5] - The S&P 500 has declined by 7% year-to-date, while the Nasdaq-100 has entered correction territory due to its higher tech exposure [3] Investment Opportunities - Despite the overall market panic, high-quality companies like Apple, Microsoft, and Johnson & Johnson are trading at attractive valuations, with Apple reporting a revenue of $143.8 billion, a 16% year-over-year increase, and a diluted EPS of $2.84, up 19% [6][7] - Microsoft has a forward P/E ratio of 22.26x, while Johnson & Johnson offers a yield of 2.14%, indicating potential value for investors looking to deploy capital in quality names during this period of extreme fear [7] Market Behavior - The current sell-off has affected even the strongest companies with solid balance sheets and growing cash flows, surprising many retail investors [6] - The extreme fear level has only been observed on about 3.4% of trading days since 2011, suggesting a historically opportune moment for investors to consider quality investments rather than panic-selling [5][7]

Core Insights - The market is experiencing extreme fear, as indicated by the CNN Fear & Greed Index at 13, which has only occurred on 3.4% of trading days since 2011, presenting a potential buying opportunity for investors [3][5][8] - Major companies like Apple, Microsoft, and Johnson & Johnson are trading at attractive valuations despite strong revenue growth, with Apple showing a 16% increase, Microsoft at 17%, and Johnson & Johnson at 9% in their latest quarters [2][9][11] - The current market environment has led to a sell-off of high-quality companies, which are being treated similarly to weaker names due to heightened fear among investors [9][15] Company Summaries - **Apple (AAPL)**: Reported Q1 FY2026 revenue of $143.8 billion, up 16% year-over-year, with a diluted EPS of $2.84, up 19%. The stock has a trailing P/E of 31.22 and a free cash flow yield of 3.42% [9][14] - **Microsoft (MSFT)**: For Q2 FY2026, revenue reached $81.3 billion, up 17%, with cloud revenue increasing by 26% to $51.5 billion. The stock trades near a forward P/E of 22.26, significantly lower than its 10-year average [10][14] - **Johnson & Johnson (JNJ)**: Reported Q4 sales of $24.6 billion, up 9.1%, and full-year revenue of $94.2 billion, up 6%. The stock has a TTM P/E of 18.66 and a free cash flow yield of 3.38% [11][14] Market Context - The S&P 500 is down 7% year-to-date, and the Nasdaq-100 has entered correction territory, with oil prices above $100 per barrel and increasing recession concerns [6][15] - The extreme fear in the market has led to a significant sell-off, with investors moving towards safer assets like Treasuries and protective puts, indicating a herd mentality [8][15] - Historical data suggests that extreme fear readings often precede strong returns in the following six to twelve months, making it a strategic time for investors to deploy capital into quality stocks [15][16]

Welcome to the Vergecast, the flagship podcast of video podcasts. I'm your friend David Pierce and I am sitting here with the Ver's Apple products ranker. If you haven't tried this yet, the verge.com/apple5050, it gives you a whole system for ranking the 50 best products Apple has ever made. And boy is it complicated. A lot of them are very easy. A lot of times you end up with two sort of inconsequential things that it's hard to figure out how to put them in order. And then you run into like is the original ...

solana's top perp DEX by volume in march isn't trading crypto. GMTrade hit $1.3b in 24hr volume on tokenized stock perpetuals. tesla, nvidia, apple at up to 500x leverage, 24/7, settled in USDC. circle minted $750m USDC on solana march 31 alone, $2.5b in 7 days. the capital isn't flowing into shitter casinos anymore. it's flowing into leveraged equity exposure with no market hours, no T+2, no minimums. solana now processes 98% of all onchain tokenized equity volume across every chain. the stock market just ...