2022/01/06
Apple makes the history of Wall Street and also of Warren Buffett, confirming itself, with the $3 trillion milestone grabbed days ago, among the most winning bets launched by Berkshire founder and CEO Hatha.
Read also: Alexandra Daddario
With a 5% stake in the giant - which he holds through his holding company - the Oracle of Omaha would earn quite a bit of money if it went into cashing in.
Of Buffett among the Topinn makers of the Apple miracle speaks a CNBC article that reports how, on paper, Buffett would earn, in fact, more than 120 billion dollars, in conjunction with the historical record of market capitalization grabbed by the Californian giant.
Known for not being a fan of the hi-tech world, from which he has always been kept at a distance, buff
That stake is now worth $160 billion, thanks to the hangover of Buback (and also Buback back) that led the giant to capture the record threshold of $3 trillion, never before tested in the corporate world: a value higher than that of the entire capitalization of cryptocurrencies, that of the GDP of the UK, France and Italy and six times the value of Morgan
Of course, there was certainly no need for Apple to cross the magical threshold to understand that it was the golden hen of Buffett and his Berkshire conglomerate.
The goal, however, is a more than valid 'excuse' to understand, in numbers, to what extent the Oracle of Omaha bet has proved successful.
"Without a doubt, this is one of Berkshire's strongest investments of the last decade," Shanahan, Berkshire analyst at Edard
In addition to the boom in stock quotes, Buffett also collected huge dividends that, on an annual basis, averaged $775 million.
It is worth mentioning that Berkshire is Apple's number one shareholder, with the equity stake held representing a slice of more than 40% of the holding company's stock portfolio, according to calculations by InsiderScore.com.
For his part, the same Buffett prefers to talk about Apple not so much as a title, but as a business.
"It's probably the best business in the world I know," he told Cnbc in February 2020, " I don't think of Apple as an action. I believe it is our third business", after the first two, which are represented by investments in insurance and railways.
In short, it took the caliber of the giant founded by Steve Jobs.
Among other things, in commenting on the sudden rise in Apple's capitalization, several analysts, in addition to the Buback Particularly in Turkey, a country struggling with the currency crisis and the collapse of the Turkish lira, the iPhone has been called an investment asset.
When Apple launched its flagship in January 2007, its market value amounted to $73.4 billion, compared to the $3 trillion tested the day before yesterday, Monday, January 3, 2022, the first session of the year ofall
By August 2018, Apple had become the first American company to be worth $1 trillion, taking 42 years to achieve this goal.
Just two years after reaching $1 trillion, the capitalization exceeded even $2 trillion. The last trillion, the third, grabbed the day before yesterday, was cashed after just 16 months and 15 days.
Apple yesterday discounted the sell-offs that fell on technology in the wake of the record jump in Treasuries rates , against a market value that fell around $2.99 trillion.
Michael Zippo
https://linkedin.com/in/michael-zippo-9136441b1
info@e-book.business
Sources: SEC
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