The market capitalisation of Apple Inc has reached the $1trn (€860m) threshold on 2 August 2018, making the company the world’s first public traded company worth $1trn. Established in 1976, Apple sees its market value exceeding the combined market caps of Exxon Mobil, Procter & Gamble and AT&T and accounts for 4% of the S&P 500 as […]
Fishing high-quality businesses featuring a sustainable competitive advantage in the global stocked pond, that is part of Julian Pick and Jeff Mueller’s daily responsibilities as co-portfolio managers of the Polen Global Growth strategy at US boutique Polen Capital Management. The fund, available in a Ucits format, is one of the four strategies run by the […]
David Older, senior fund manager specialized in Media, Communication and IT at Carmignac, comments on the latest tech earnings. This week’s results continued the trend of large cap tech outperformance, with Apple, Facebook, Google and Amazon all exceeding expectations and trading higher. AAPL rallied on slightly better than consensus numbers after significant cuts over the […]
David Older, senior fund manager at Carmignac, gave a hint at Q2 tech earnings season. He said that so far, many large cap stocks in the tech sector exceed expectations, referring to Qualcomm, SAP, Microsoft and IBM. But another major one, Netflix, brought disappointment. “While the sector remains a core component of Carmignac’s strategy, investors […]
Ali Unwin, chief technology officer and manager of the Neptune Global Technology Fund, gives his views on Amazon and Apple’s latest earnings and explains its high conviction holdings in both despite their diverging results. Earnings season is noisy in the technology sector. Numbers that come in marginally ahead or behind ‘market expectations’ are extrapolated to produce narratives […]
Alphabet, the parent company of Google, has become the world’s largest publicly-traded company on 2 February, overtaking Apple. On 1 February, the tech giant posted earnings of $8.67 (€7.95) per class A share on $21.33bn (€19.55bn) in revenue for Q4 2015, more than expected by analysts. Earnings per share have increased from $6.76 (€6.20) at end 2014. Alphabet’s class A […]
By Marc St John Webb, Philip Best fund managers at Quaero Capital The Quaero Small Cap team has had a busy and engaging quarter, meeting more than 100 family-run companies around Europe since the end of summer. While others are scrutinising utilities, banks and biotech firms, we like to focus on second-tier ‘Mittelstand’-type enterprises, which may […]
Didier Le Menestrel (pictured) and Marc Craquelin, respectively chairman and head of Asset Management at Financière de l’Echiquier, say an innovative and disruptive firm is not always the best stock to pick in a sector that performs well. Les chiffres publiés par Apple la semaine dernière ont une nouvelle fois donné le vertige : 51,5 milliards de dollars […]
Giuseppe Sersale, Strategist di Anthilia Capital Partners Sgr. Il gigante della tecnologia di massa Apple ha riportato leggermente migliori delle attese, ma ha offerto una guidance conservativa, e le vendite di Iphone sono risultate inferiori alle indiscrezioni che circolavano alla vigilia (consenso ufficiale 47 mln di pezzi ma ufficioso di oltre 50 mln). Cosi il mercato, […]
Online trading IG Group has announced the launch of an app for the Apple Watch, available in 12 languages from 24 April. IG’s first move into wearable technology aims to offer a new and more instantaneous way to trade and monitor the financial markets, complementing existing mobile technology. The firm said the IG app will […]
An activist shareholder is demanding US technology giant Apple pay out more of its $137bn (£87bn) cash pile to investors.
The rise and rise of Apple is set to continue, despite a slight wobble in the company’s most recent set of financial results, according to Morningstar equities analysts.