AAPL160826P00095500
| Previous close | 0.0200 |
| Open | 0.0100 |
| Bid | 0.0100 |
| Ask | 0.0300 |
| Strike | 95.50 |
| Expiry date | 2016-08-26 |
| Day's range | 0.0100 - 0.0100 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.83k |
- Yahoo Finance Video
Warren Buffett on Apple, AI, and why he ditched Paramount
During Berkshire Hathaway's (BRK-A, BRK-B) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm is closely monitoring. Yahoo Finance's Seana Smith breaks down three key takeaways from the meeting. Buffett was bullish on Apple (AAPL), claiming that the tech giant will likely remain the top holding by the end of the year. However, the CEO expressed serious concern about artificial intelligence, comparing it to the development of a nuclear weapon and stressing some of the dangers the technology poses. The investment firm also announced it no longer has a stake in Paramount (PARA), and Buffett took responsibility for the investment that lost the company "quite a bit of money." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
BenzingaApple Continues Being Mysterious About AI While Services Reach A New Revenue Record And The iPhone Continues Its Fall From Glory
On Thursday, Apple Inc (NASDAQ: AAPL) issued its fiscal second quarter results and although they were slightly higher than Wall Street expected, Apple posted a revenue drop, including falling iPhone sales. But Apple’s biggest news were that the board authorized its largest ever share buyback. The board authorized $110 billion in share repurchases, which represents a 22% YoY increase compared to last year’s authorization. Fiscal Second Quarter Highlights Revenue dropped 4% YoY to $90.75 billion,
GuruFocus.comApple May Require a Gradual Strategic Shift to Maintain Growth
The company's markets are saturated, but it has a moat in size of available resources
