Hints and tips:
...Hedge funds that shorted semiconductor stocks have lost $8bn so far this year, according to Ortex, while investors who bet against technology hardware and storage businesses lost $4.6bn....
...The stock has gained nearly 40 per cent over the past 12 months, outpacing the S&P 500’s 20 per cent rise....
...Todd H Baker is a senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School Loan accounting in a bank should be straightforward, delivering...
...The valuation looks a bit nutty: 80% of revenue is [Apple’s] hardware yet the stock trades on a software multiple; UBS, even in 2027, forecasts just 4.3% FCF yield....
...In 2024, Apple will release its first new hardware product in close to a decade....
...Investor attention has been focused on how hardware sales have held up, after the company launched the iPhone 15 in September....
...Speaking at the CERAWeek energy conference in Houston yesterday, Saudi Aramco chief executive Amin Nasser said the energy transition was “visibly failing on most fronts”, according to S&P....
...For a long time, Apple traded at a discount to the market because the tech hardware business was considered to be hyper competitive....
...Its forward P/E is just 15. We’re still searching for good stock picks. If you’ve got a candidate, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Apple has repurchased nearly $600bn in shares over the past decade, according to S&P Global Market Intelligence....
...In retail fashion, there is H&M, which has been talking up its recovery in the Chinese market after a long-running consumer boycott....
...In the supply chain rankings of 2007, P&G, Toyota and Walmart all had a peer ranking score at least double that of Apple....
...Dell has himself transformed his legacy hardware company into an enterprise software powerhouse through M&A. Traditional equipment makers had fallen from favour with investors....
...The US S&P 500 index bucked the fall in Netflix shares, trading broadly flat in the early afternoon in New York....
...Delysium / KUROSEMI INC. ??? Orderly ??? Sui Token Warrant ???...
...S&P Global still rates Apple at double-A plus, one notch below triple-A....
...Part of the reason for the uplift is that Cook successfully shifted the revenue mix from hardware like iPhones towards software and services, which are more reliable and profitable....
...Apple has yet to enable hardware upgrades to its iPhones, but the FT editorial board welcomes it making them easier to repair....
...This was because Apple missed forecasts on lower-margin iPhone sales but outpaced them on services, which boasted record-high 70.5 per cent margin versus 34.3 per cent for hardware....
...In the land of the free (underwritten by VCs), the S&P 500 dropped 1.7 per cent also, with mega cap tech, small caps and cyclicals bearing the most pain. Why?...
...(h/t to Twitter account Keubiko for citing this example over the weekend....
...The three joined from the S&P 400 benchmark of midsized companies and will switch places with tax software group H&R Block, Coty, a beauty company, and Kohls, a department store, which are dropping to the...
...Rather than being innovative with hardware, Uber has found other ways to simulate being the Amazon of transportation....
...Ostwald at ADM Investor Services says the latest corporate bond buying initiative from the Fed sends a worrying message “that financial markets are not functioning, and that it sees the need to bailout USA Inc...
...All four have comfortably outperformed the S&P 500 this year. Amazon, the biggest mover, is up almost 70 per cent versus the index’s 1.5 per cent gain....
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