A Look at Buffet and Icahn’s Contrasting Views on Apple
Carl Icahn said that the issues in China were the main reason for his exit from Apple stock.
Apple’s (AAPL) Mac is another important business for the company, accounting for more than 10% of Apple’s overall revenues in the last quarter.
According to Apple, the Apple Watch’s first-year unit sales exceeded the iPhone’s in 2007.
It is a well-known fact that Apple’s (AAPL) iPad sales are on a fundamental decline.
According to Apple, the company’s Mobility Partner Program now has 108 partners across 20 countries, up from 75 partners at the end of September 2015.
Apple launched Apple Music one year ago, and within that short time, managed to attract 15 million subscribers.
During the last quarter’s earnings conference call, Apple said that the transaction volume on Apple Pay has grown more than fivefold year-over-year.
Apple’s service business growth is not dependent on iPhone’s sales because of its growing installed base.
India (EPI) was among a few growth markets for Apple in the last quarter, with iPhone sales growing by 56% on a year-over-year basis.
Apple’s problems in China seem to have worsened in the last few weeks.
Apple (AAPL) benefits when the iPhone upgrade cycle is as short as possible.
Apple’s gross margin guidance for the June quarter, or fiscal 3Q16, is between 37.5% and 38%.
Apple maintains that iPhone fundamentals are intact and there were a number of encouraging signs in the last quarter.
According to Apple’s guidance for the June quarter, the company’s revenues could decline by 13% to 17% year-over-year.
Out of 36 Wall Street recommendations for AT&T, ~47.2% were “buy” recommendations as of June 24, 2016.
As of June 24, 2016, AT&T was the largest global telecom company by market capitalization.
AT&T has a strong growth opportunity in Mexico’s wireless market.
In Mexico, the expansion pace of AT&T’s (T) 4G LTE (long-term evolution) network has been significant in the recent quarters.
A factor that’s helping AT&T’s (T) ability to manage its capital investments in the future is its Domain 2.0 program.
Beginning in 4Q16, AT&T (T) plans to start its new OTT (over-the-top) services: DIRECTV (DTV) NOW, DIRECTV Preview, and DIRECTV Mobile.