benfromchicago
About
- Username
- benfromchicago
- Joined
- Visits
- 8
- Last Active
- Roles
- member
- Points
- 31
- Badges
- 0
- Posts
- 15
Reactions
-
Warren Buffett's Berkshire Hathaway bought another 75M Apple shares in Q1
Meanwhile, earlier today another supplier Skyworks Solutions released lower than expected estimate. And I quote:
"...Analyst Kumar said the guidance was "really not that bad" as investors expected much worse because of soft trends at Apple."
Say what? "Soft trends at Apple"????? Did this guy from Piper Jeffrey sleep through the entire earnings report and call two days ago?
The narrative on the street is that iPhone demand is in sharp decline and X is a miserable failure. That sell side crowd simply refuses to believe in evidence. They just continue their narrative as if Tim Cook conference call were in another universe.
It is good to see Uncle Warren being the ultimate value seeker here and ignoring all the garbage from the sell side.
