Who just invested $410 m in a tiny company?
Apple has been working with II-VI's facility in Sherman, Texas, since 2017 to produce laser technology used in the iPhone. Apple awarded $410 million to II-VI Inc., a Saxonburg-based high-tech company, so it can create 700 jobs and extra capacity to produce iPhone components.
Apple (AAPL): Apple invested in AR with the Vision Pro headset, potentially a major player in the future. Qualcomm (QCOM): QCOM supplies key components for VR/AR devices and helps set industry standards. Roblox (RBLX): A gaming platform with strong AR/VR ambitions and a large user base.
Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). BlackRock Inc.'s top holdings are Microsoft Corporation (US:MSFT) , Apple Inc. (US:AAPL) , Amazon.com, Inc. (US:AMZN) , NVIDIA Corporation (US:NVDA) , and Alphabet Inc.
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The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies.
Shazam. Founded as Shazam Entertainment Limited in 1999, Shazam is the company behind the namesake music identifier app. Apple completed its purchase of Shazam in 2018 for an estimated $400 million, with the goal of integrating the technology into iPhones and other smart devices.
With his guidance and funding, Apple ceased to be a partnership between Jobs and Wozniak, and was incorporated as a company on January 3, 1977. Markkula provided Apple with funding of $91,000 personally in addition to securing a $250,000 line of credit from Bank of America.
You can always make future investments into Apple or any other stock over time; there's no need to invest all of your available capital at once.
Tesla is a leading auto manufacturer and one of the most valuable companies in the world. As of 2024, the largest shareholder is CEO Elon Musk, who holds about a fifth of Tesla equity. Besides Musk, the largest shareholders are asset managers, like BlackRock and Vanguard.
with 9.4% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 8.0% of common stock, and State Street Global Advisors, Inc. holds about 4.2% of the company stock.
BlackRock (BLK 0.86%): Owns 627,171,762 Amazon shares, or 6.04% of shares outstanding.
What stock is going to skyrocket?
| Stock | Expected Change in Stock Price* |
|---|---|
| Tesla Inc. (TSLA) | 61% |
| Mastercard Inc. (MA) | 14.2% |
| Salesforce Inc. (CRM) | 7.2% |
| Advanced Micro Devices Inc. (AMD) | 11.3% |
| Stock | 2024 return through March 31 |
|---|---|
| Arcutis Biotherapeutics Inc. (ARQT) | 206.8% |
| Janux Therapeutics Inc. (JANX) | 250.9% |
| Trump Media & Technology Group Corp. (DJT) | 254.1% |
| Super Micro Computer Inc. (SMCI) | 255.3% |
| Company (ticker) | 5-Year Avg. Yearly EPS Forecast |
|---|---|
| The Vita Coco Company, Inc (COCO) | 104.1% |
| Live Nation Entertainment, Inc. (LYV) | 80.3% |
| Full Truck Alliance Co. Ltd (YMM) | 35.9% |
| Nvidia Corporation (NVDA) | 35.0% |
Buffett went on to praise Apple CEO Tim Cook as “one of the best managers in the world” and last year said that the company “just happens to be a better business than any we own.” Berkshire Hathaway purchased an additional $31 billion in Apple shares in 2022.
While Berkshire's stake in Apple is worth around $173 billion, Buffett and his team likely spent around $40 billion establishing that position. That's a massive buy for sure, and it shows Buffett is very willing to put his money where his mouth is.
Steve Jobs 4D chess'd his way back to Apple CEO: in June 1997, he sold 1.5m shares of Apple. The stock tanks. The board freaks out.
Does Bill Gates own Apple stock? Within Jobs' first year back as CEO, he entered into a partnership with Bill Gates' Microsoft, which made a $150 million investment in Apple and committed to developing software for macOS. In 2003, Microsoft opted to sell all of its Apple stock for $550 million.
Buffett picked the stock because of its brand that gave the stock a "moat" or a competitive edge and also touted that his "favorite holding period is forever."
In 2001, Microsoft converted its investment into common stock, which mean it owned 18.1 million of Apple shares. Finally, just two years later, Microsoft sold off all of its shares in Apple for $550 million… what if Microsoft had kept that relatively small amount of ownership Apple until today? ..
Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.
How much will Apple stock be worth in 10 years?
| Year | Median Price Prediction | Potential Low |
|---|---|---|
| 2024 | $216 | $183 |
| 2025 | $237 | $199 |
| 2026 | $298 | $271 |
| 2030 | $561 | $460 |
Analysts expect Apple sales to rise by 1.2% to $388 billion in fiscal 2024 (ending in September) and by 6.4% to $413 billion in fiscal 2025. Its earnings are forecast to rise from $6.13 per share in 2023 to $6.56 in 2024, with continued upside to $7.16 in 2025.
The ownership structure of Tesla (TSLA) stock is a mix of institutional, retail and individual investors. Approximately 30.75% of the company's stock is owned by Institutional Investors, 13.66% is owned by Insiders and 55.59% is owned by Public Companies and Individual Investors.
He is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc.; owner, executive chairman, and CTO of X Corp.; founder of the Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation.
The latest Securities and Exchange Commission filing of Musk's ownership stake in Tesla showed that he owned 715,022,706 shares in the company, or 20.5% of the shares outstanding. That makes Musk by far the largest shareholder, according to FactSet data.
