Locator: 50675AAPL.
After Hours -- AAPL
AAPL: turned sharply lower just before the close. Does someone know something? Was there a "tell'? Or simply profit-taking at last opportunity. Big players can take their profits; sit on those profits and wait for the inevitable pull back. BREAKING -- crossing now -- it looks like after hours, AAPL may settle slightly up after the close -- 50 cents to a buck higher.
- beat on top and bottom
- EPS: $2.01 vs $1.95: a record for the March quarter
- revenue: $111.2 vs $109.66
- iPhone: second miss in three quarters
- services: record
- cash hoard: $146.60 billion
- compare with BRK with about $373 billion in cash, 4Q25,
- slightly lower than $382 billion in 3Q25
- comment: these are not numbers that get analysts truly excited especially after all the hype;
- appear to be within numbers being whispered about on Wall Street
- not the wild numbers that some were suggesting
- this was definitely not a blow-out quarter for folks who really don't understand Apple
- gross margin: 49.3 vs 48.4; at the higher end of guidance for margin -- "49" handle vs "48" handle
- simply phenomenal
- greatest supply chain vs anyone else
- Tim Cook's expertise
- increases dividend by 4% to 27 cents / share + buyback $100 billion
- dividend: Apple actually doing something Warren Buffett forever refused to do
Original Post
BRK-B: holy mackerel! BRK is down today and the US equity markets are surging. Motley Fool is still telling investors BRK looks like a buy. Okay.
Trump golf:
The 2026 Cadillac Championship begins today, April 30, at Trump National Doral’s Blue Monster in Miami, featuring a $20 million purse. Scottie Scheffler is the betting favorite at +290. Early first-round leaders include Scottie Scheffler, Sahith Theegala, Billy Harman, and Cameron Young at -3.
Locator: 50675ARCHIVES.
News:
This is going to be the most news-filled day in a long time. I may note headlines for the archives, but I have no plans to write much about anything until later this evening, once I've been able to digest everything, including the darkened shrimp taco I had for lunch, along with an Old-Fashioned. So rare do I have a cocktail, it's worth posting. LOL.
Okay, the news:
TSA is funded. My flight is fine!
Epstein's suicide note is locked up by a judge. Whoo-hoo! This will drive The NY Times crazy.
WTI: sinking! Now, trading just above $105. It had been as high as $108.
LIV golfers: not being welcomed back by the PGA.
Blockade: NACHO. [Not a chance Hormuz opens.]
US markets: off to the races.
AAPL: reports later today. Only one more hour.
What's important for Charles III: Scotch. Trump vows to remove all tariffs on Scottish whiskey following meetings with Camille's husband.
California: Valero ends production of gasoline at the Benicia refinery northeast of San Francisco. Provided upwards of 10% of California's gasoline demand.
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The AI Bubble
Mark has had enough: will removes Meta apps from New Mexico if state's demands are unreasonable.
Beth: SK Hyix -- planning to invest $13 billion for an advanced packaging plant in South Korea to meet rising demand for AI memory chips.
GOOG: up more than 10% today.
Earnings after hours today: eleven. Only one matters.
AAPL, whispers -- quarterly earnings, history --
- forecast:
- EPS: $1.94
- revenue: $109.7 billion
- history, of note
- March quarter always the second/third best
- June quarter always the worse
- Sept quarter always the second / third worst
- December quarter always the best
- recently
- the best quarter in 2021 reported EPS of $1.93
