BDC on X
Apple trades at 35 times earnings despite Services deceleration and slowing China revenue, with harder comparisons ahead and near-doubled market capitalization raising ownership risk.
NASDAQ
Apple Inc.
AAPL
5 articles
$4.5T Market cap · 2026-08-20
BDC on X
In July the bubble moved over into $AAPL where it was hanging out during the semis blood bath. $AAPL with a so/so print is constructive since that there the bubble has been parked.
Laughing Water Capital on X
NN’s low-band spectrum could gain value as Apple pursues satellite-to-phone service and seeks greater control over its satellite network.
Raging Capital Ventures on X
Booked the quick 8-10% gain on this $AAPL short, knock on wood. Have a great weekend.
Raging Capital Ventures on X
Shorted a bunch of $AAPL and bought puts over last few days. Seems very overbought (was it a funding short?) and at a good level to find resistance. Edge AI models should ultimately be good for $AAPL, but company still has grossly mismanaged the AI opp and memory is a headwind.
Investor Letters
Letters that discuss AAPL.
- Palm Valley Capital Third Quarter 2025 Commentary Third Quarter 2025 +2.4% AAPL $4.5TAVA $3.2BDOX $6.5BFLO $1.6B
- Bireme Capital December 2023 Investor Letter December 2023 +21.3% BTI $123BAAPL $4.5TAI $1.6BARM $268B
- Oakmark Funds The discipline to stay boring 2Q 2026 +2.5% AMZN $2.8TCOF $133BCRBG $14BGOOGL $4.2T
- Wedgewood Partners Are Hyperscalers Still Magnificent? Second Quarter 2026 +9.4% HRMS AMZN $2.8TGOOGL $4.2TMETA $1.4T
- Distillate Capital 2026 Q2 Letter to Investors: Momentum 2026 Q2 — ACN $113BAMZN $2.8TAVGO $1.8TGOOGL $4.2T
- Horizon Kinetics 4th Quarter Commentary 4th Quarter 2025 — TPL $26BAB $3.4BAMG $9.4BATUSF $2.8B
- Berkshire Hathaway 2024 2024 +25.5% ITOCY $91BMARUY $50BMITSF $87BMSBHF $111B
- Horizon Kinetics 2nd Quarter Commentary 2nd Quarter 2024 — LB $6.7BAMZN $2.8TGOOGL $4.2TMETA $1.4T
- Bireme Capital May 2024 Investor Letter first five months of 2024 -10.9% DIS $186BARKK DJT $2.4BGME $8.1B
- First Eagle Investments Global Value Team Annual Letter 2023 — AAPL $4.5TAMZN $2.8TBRK.A $1.1TGOOGL $4.2T
