Buffett gates buying stock

Buffett gates buying stock

By: Taron Date of post: 09.07.2017

The 4 Warren Buffett Stock Investing Principles – Vintage Value Investing

Yes, Warren Buffett, famous for his tech aversion, recently boosted his stake in the reigning titan of technology, Apple AAPL. His Berkshire Hathaway BRK. B holding company began buying Apple shares a year ago.

That makes it the sixth-biggest holding of giant Berkshire. Berkshire now owns 8. CBS News business analyst Jill Schlesinger joins CBSN with mo Looking at the iPhone maker through the lens of the Buffett investing principles shows why the storied Oracle of Omaha Berkshire is based in that Nebraska city might have made this move:. The stock is cheap. But along the way, its earnings also rose smartly. Comparing the January-March quarter to the October-December one, company profits jumped some 70 percent, as iPhone7 sales shone.

The iPhone results and its burgeoning services business -- the app store, plus the payment and music divisions -- have dispelled that worry for now. It has a moat. Apple has a competitive advantage that sets it apart from rivals. Apple is a killer brand, and many consumers are anxiously awaiting the latest iteration of the iPhone.

This customer passion allows Apple to charge more for the product, a premium that connotes wealth and status. Apple sells about million iPhones annually, and analysts are predicting that number will grow 8 percent in the current fiscal year. With Apple's 10th anniversary around the corner, reports of what the next iPhone could look like have begun to circulate.

CNET Senior Editor Bria That makes switching to an Android product, for instance, more difficult. The upcoming iPhone reportedly will be equipped with 3-D technology. Apple has a fortress balance sheet, with a lot of cash. What would management do with all that money? Give it back to shareholders -- and a prime beneficiary would be Buffett. Apple might boost its payout, or take a page from Microsoft and deliver a one-time extra dividend to shareholders.

The software giant did this inafter a similar tax reduction for offshore cash which proved temporary. Another alternative is to buy back even more shares from Apple investors. Of course, calls are being heard for Apple to buy another company that would enhance how much money does a lawyer earn in south africa product offerings.

Apple has made only a few minor acquisitions.

Whatever Buffett thinks about this particular issue, he appears to be quite happy with what Apple is doing so far.

Larry Light is a veteran financial editor and reporter who has worked for the Wall Street Journal, Forbes, Business Week, Money, AdviceIQ how to buy lifevantage stock Newsday.

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