and Google). Market analysts have been warning about a potential tech bubble. Buffett’s recent move seems to validate these concerns. Q. How does the AI announcement impact Apple’s stock price ...
Apple ended its fiscal year with approximately $157 billion in cash and marketable securities and $107 billion in debt. It bought back $25 billion in stock during the quarter.
With its 2-star rating, we believe Apple’s stock is overvalued compared with our long-term fair value estimate of $200 per share, which implies a fiscal 2025 adjusted price/earnings multiple of ...