Apple Inc. (NASDAQ: AAPL ) shares fell more than 3% in after hours trading, following the company's publication of results for the Q2 FY 2025 quarter . Rightly so, in my view, because the results don't highlight anything that would encourage investorsExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague and close friend ...

ToplineAmazon warned Thursday that “tariffs and trade policies” may complicate its future, while Apple said it expects a nearly $1 billion hit from President Donald Trump’s tariffs, becoming the latest companies to report losses or cut financial forecasts as many cite market uncertainty aggravated by Trump’s tariffs.Tim Cook warned it will be "very difficult" to predict beyond June "because I'm not sure what will ... More happen with tariffs."Getty Images TimelineApple CEO Tim Cook said the company expects ...

Daniel Ek, co-founder and chief executive officer of Spotify Technology SA, during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024.Spotify on Friday said Apple has approved the company's U.S. app update, which will allow users to access pricing information, links to make purchases and select from more payment options within the music streaming app.The approval comes after a U.S. federal judge on Wednesday ordered Apple to stop imposing the commissions ...

Good morning. This is my last morning writing to you for a while, as Dan DeFrancesco returns from leave on Monday! But I'll still be around: After a brief staycation (the lawn needs tending to), I'll be back behind the scenes editing each edition from London. In today's big story, we're looking at the key details from Apple's earnings report — and why the company's huge stream of App Store revenue could be at risk.Newsletter alert: BI Tech Memo is a weekly newsletter where Silicon Valley secrets go public. ...

It was a tale of two voice assistants. Amazon and Apple showed during Thursday earnings calls just how far apart they are in the race to build a smarter AI assistant.Apple CEO Tim Cook addressed the delay for the company's much-anticipated Siri upgrade, first announced nearly a year ago as part of Apple Intelligence. "We need more time to complete our work on these features so they meet our high-quality bar," Cook told analysts, adding, "It's just taking a bit longer than we thought".Cook didn't give a sp ...

Core Viewpoint - Warren Buffett's investment decisions are closely monitored due to Berkshire Hathaway's strong performance, with shares up nearly 18% year-to-date in 2025, which heightens investor interest in the company's portfolio moves [1]. Group 1: Berkshire Hathaway's Equity Holdings - Berkshire's 13F filing for Q1 2025 is expected by mid-May, with the latest filing from February 14 reflecting Q4 2024 data, providing insights into Buffett's major investments [2]. - The top five equity holdings of Berkshire reflect Buffett's disciplined, long-term investment strategy [2]. Group 2: Top Equity Holdings - **Apple**: Remains the largest holding with 300 million shares, accounting for nearly 28% of the equity portfolio, despite facing demand challenges and valuation concerns in 2025 [3][4]. - **American Express**: A long-term investment with around 152 million shares, representing nearly 17% of the portfolio, though down 10% year-to-date [7][8]. - **Bank of America**: Holds close to 680 million shares, about 11% of the portfolio, with strong fundamentals and a solid dividend yield [11][12]. - **Coca-Cola**: A 35-year holding with nearly 400 million shares, comprising about 9% of the portfolio, known for its defensive appeal and reliable dividends [13][14]. - **Chevron**: A newer addition with 114 million shares, representing roughly 6% of the portfolio, appealing for its strong balance sheet and dividend returns [17][18].

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-36743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2025 or Apple Inc. (408) 996-1010 (Exact name of Registrant as specified in its charter) California 94-2404110 (State or other ...

Core Viewpoint - Apple has updated its App Store rules in the U.S. to allow apps to link users to their own websites for purchasing subscriptions or digital goods, following a court ruling in favor of Epic Games [1][2]. Group 1: Legal Context - The lawsuit initiated by Epic Games in 2020 challenged Apple's control over in-app transactions, leading to a 2021 injunction that required Apple to provide developers with options to redirect users to their own websites to avoid a 30% commission [3]. - After failing to appeal the injunction, Apple began allowing apps to link to external payment methods but still charged a 27% commission and implemented "scare screens" [4]. Group 2: Compliance and Reactions - Following the recent ruling, Apple must eliminate the "scare screens" and has already removed guidelines regarding the language used in these screens and links [4]. - Apple expressed its disagreement with the court's decision, stating it will comply with the order while planning to appeal [7]. - Spotify has taken advantage of the new rules by submitting an app version that includes links for users to purchase subscriptions externally [7].

Group 1: Legislative Context - Bipartisan support is growing for legislation to ban U.S. senators and representatives from trading stocks while in office, with President Trump indicating he would sign such legislation if presented [1] Group 2: Amazon - Rep. Dwight Evans and Rep. Marjorie Taylor Greene have recently purchased shares of Amazon, indicating bipartisan confidence in the stock [2] - Amazon continues to excel in e-commerce and cloud services, with generative AI providing significant support for Amazon Web Services; the stock's price-to-earnings ratio is near its lowest since the Great Recession [4] Group 3: American Express - Rep. Rick Larsen bought shares of American Express, which is one of Warren Buffett's longest-held positions and valued at over $40 billion in Berkshire Hathaway's portfolio [5] - Despite a 10% decline in shares year-to-date, American Express is expected to deliver strong revenue and earnings growth this year [6] Group 4: Apple - Several Republican members of Congress have purchased Apple shares following a significant price drop of approximately 18% from its previous high [8] - While short-term investors may want to avoid Apple due to potential impacts from tariffs, the company is viewed as a strong long-term investment due to its iPhone-centric ecosystem [9] Group 5: Berkshire Hathaway - Only Rep. Greene has recently bought shares of Berkshire Hathaway, which has performed well in 2025 despite broader market challenges [10] - Berkshire Hathaway has a substantial cash reserve of over $334 billion, which could be utilized for future investments [11] - The lack of stock buybacks in the fourth quarter of 2024 may suggest that the stock is trading at a premium, yet it remains a strong investment option due to its management and diversification [12][13]

Core Viewpoint - Apple is shifting its iPhone supply chain to India to mitigate the impact of US tariffs on Chinese imports, expecting a $900 million cost due to tariffs in the current quarter [3][4][5]. Group 1: Financial Performance - Apple reported a revenue of $95.4 billion and a profit of $24.8 billion for the recently ended quarter, primarily driven by iPhone sales [9]. - The company experienced a 3% decline in revenue from China, despite expectations for growth due to government subsidies aimed at stimulating demand [10]. Group 2: Supply Chain Adjustments - Tim Cook indicated that a majority of iPhones sold in the US will originate from India, as Apple seeks to reduce its exposure to future tariff risks [4][8]. - Production of iPads, Macs, Apple Watches, and AirPods for the US market is expected to shift to Vietnam, while China will remain the primary manufacturing location for products sold outside the US [8]. Group 3: Tariff Impact - The estimated impact of US tariffs on Apple is projected to add $900 million to costs, although the initial effects were described as "limited" [4][5]. - High-end tech goods, including smartphones, received temporary exemptions from tariffs, but not all components used in Apple devices are exempt, leading to increased costs [6]. Group 4: Strategic Insights - Apple has been building inventory ahead of tariff implementations, indicating proactive measures to manage supply chain disruptions [7]. - Analysts express concerns regarding the execution timeline, capacity limitations, and potential cost increases associated with the shift in manufacturing to India [11].