AAPL -- Apple -- Re-Cap -- November 12, 2023

Locator: 46036AAPL.

AAPL: I completely missed it. AAPL had an incredible day at the end of the week — trending toward an all-time high — and with 4Q23 earnings behind it, nothing but tailwinds. Except for one thing and all investors are aware.

One day:

But the big story? Look where AAPL is trading -- near its all-time high. And a year ago, AAPL was trading at $134. 

Most of this gain has been during the last twenty years, and the huge gain has been post-Covid-19.

I've been posting this for quite some time:

Apple, a $3-trillion-market cap company. Right, wrong, indifferent, I break it down this way:

• $1 trillion: hardware with integrated software, e.g., iPhones, laptops, desktops
• $1 trillion: services, e.g., cloud services; TV+; music; Siri;
• $1 trillion: Apple Silicon, the chip division.

CNBC truly did its listeners a disservice when they reported Apple's earnings. They gave Berkshire / Warren Buffet a pass of course, but failed to look a bit deeper into Apple's 4Q23 earnings. In fact, they were spectacular and "everybody" missed it ... until they researched it themselves. 

This graphic, I'm pretty sure, has never been shown on CNBC. Link here: 

Apple and tech earnings, link here:

P/Es, link here:

 Probably the best post-4Q23 analysis, link here.

If China scares you, Apple has pivoted to India.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.