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WARREN BUFFETT MAJOR UPDATES
Apple Earnings + Warren Buffett speaking for 6+ hours
StockMKTNewz Evan & Gav Blaxberg
May 05, 2024
Good morning everyone… WE’RE BACK!
It’s Evan (StockMKTNewz) and Gav (WOLF_Financial) and today we’re looking at:
Warren Buffett’s Berkshire Hathaway 2024 Shareholder Meeting
Apple earnings | MAJOR Buy Backs
While Gav attended a conference, I (Evan) spent my entire Saturday listening to Warren Buffett speak and received some major updates we’re excited to share with you.
We hope you’re all doing great and excited for another Finance Visualized newsletter. Before we dive in, if you enjoy this publication, please make sure you’re subscribed to get more content just like this directly into your inbox!
Now, let’s get right into this exciting data:
Warren Buffett
Warren Buffett spoke for 6+ hours on Saturday at Berkshire Hathaway’s 2024 annual shareholder meeting. He shared several important updates, here’s what you need to know:
Warrens Top 5 Updated Holdings:
Important Updates:
WARREN BUFFETT’S BERKSHIRE HATHAWAY $BRK.B CUT ITS APPLE $AAPL INVESTMENT BY ~13% IN Q1
Berkshire just reported its Apple shares ended Q1 worth $135.4 billion, implying ~790M shares which would mark a 13% decrease from the 905.6M shares they owned as of the end of Q4 - CNBC twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:45 PM • May 4, 2024
Warren Buffett just said it's a fair assumption Berkshire Hathaway $BRK.B will have more than $200 Billion of cash by the end of Q2
— Evan (@StockMKTNewz)
2:35 PM • May 4, 2024
I am in Omaha to attend the Berkshire AGM
Let’s summarize the event LIVE in this thread:
— Compounding Quality (@QCompounding)
2:18 PM • May 4, 2024
After spending all day listening to Warren Buffett speak, Evan took the 6+ hours of Buffett talking and made a 10-minute recap video with all of his biggest takeaways.
Check it out and make sure to subscribe to the StockMKTNewz YouTube channel while you’re there:
Earnings Hub
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Apple Earnings
Apple reported earnings after the markets closed on Thursday, posting numbers of
EPS of $1.53 beating expectations of $1.51
Revenue of $90.8B beating expectations of $90.6B
Services Revenue of $23.9B beating expectations of $23.3B
iPhone Revenue of $45.96B beating expectations of $45.76B
Shareholder Return:
Apple increased its quarterly dividend to $0.25 per share up from its previous quarterly dividend of $0.24 per share.
Apple also announced a new $110 Billion share buyback program, the LARGEST share repurchase program in stock market history.
More Important Apple Earnings Info:
Apple $AAPL CEO Tim Cook just confirmed:
Apple has “big plans to announce” from an “AI point of view” during its iPad event next week as well as at the company’s annual developer conference in June - CNBC
— Evan (@StockMKTNewz)
9:13 PM • May 2, 2024
That’s going to do it for this edition of Finance Visualized!!
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Thank you for reading! We look forward to having you here for all that we have coming.
Gav + Evan