By almost ten per cent is the share of the success-drenched iPhone manufacturer yesterday was the worst day of trading broke - since 2013. Whether this is really in the spirit of great investors like Warren Buffett?
The billionaire had said last may at the annual General meeting of his company, Berkshire Hathaway, "We would very much like to see how Apple is losing value, then we could buy more shares at a bargain price."
The opportunity to do so Buffett would have now. Alone in the yesterday's trading day in New York, Apple stock has lost nearly ten per cent in value and almost $ 75 billion in value lost. Buffett, who owns about its investment company 252.5 million shares of Apple, has thus become, at a stroke, to almost four billion dollars poorer.Almost 40 percent of its value
Buffett's Berkshire Hathaway had purchased in the first quarter of 2018, a total of 75 million shares of Apple, in addition to the already since 2017 possessed 165,3 million shares. Buffett's said to CNBC that he likes Apple and clearly "we buy them, to keep them".
However, for the billionaire has proven to be the Investment as a value destroyer. Since the High on 3. October of last year at 232 Dollar has cheapened the Apple paper to almost 40 percent. Also in the case of other participations, in the last year: shares of Bank of America, comprise eleven percent of the portfolio, lost in the year compared to 17 percent and Wells Fargo to 23 percent. These are the two biggest positions in the Holding company behind Apple. Coca-Cola, Berkshires fourth-largest Position with ten percent of the portfolio is in the positive area - a Plus of three percent in the last twelve months.
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the reason for the recent price fall of Apple was warning a Turnover, that in the important Christmas business, less iPhones were sold, especially in China, the third-largest market for Apple, with a turnover of almost 52 billion dollars in the last fiscal year. The announcement of Apple evaluated the investors as the clearest confirmation of the fact that the Chinese economy is cooling and, possibly, further momentum will lose.
However, the Apple products are considered overpriced, especially in comparison to Chinese competitors such as Huawei. In addition, experts warn of a saturation of the markets for Smartphones. Analyst Toni Sacconaghi of Bernstein Research said: That the group have missed expectations, are less likely to have surprised to the extent of the drop in iPhone sales.More services
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Even if Apple's weakness in China to a considerable extent on the cloudy economy, go back, tickets of the group in spite of new products, significant market share in the middle Kingdom lost to. Apart from that, Analyst Samik Chatterjee of the US Bank JPMorgan has highlighted the shift towards more services offered positively. In doing so, Apple, in its view, should also benefit from the large number of iPhone users. Thus, the dependence could be reduced by the sale of new Smartphones.
The height of the flight of Apple shares appeared in the last few years, almost unstoppable. Since 2005, the papers increased in principle from one record to the next, taking only the short breathers splurged. In August of last year, the group's Wall Street wrote the history of: The market value of the iPhone giant for the first time passed the trillion Dollar mark was so high never been a U.S. company has been traded.Samsung expects a good year for Smartphones
Positive news, meanwhile, from the fiercest rival, Samsung. The believe that technical innovations will keep the Smartphone market in this year in a swing. Of slump in the market could be no question, said Samsung Manager Mario Winter of the dpa. Especially the business with Premium devices, the waxes still in the double digits. "2019 will be a good year for Smartphones," said Winter convinced. Whether Apple can benefit from this dynamic, must only still show up.
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