Tim Cook Donates More than 23,000 of His Apple Shares to Charity

· · Cool Stuff Found

Apple CEO Tim Cook has donated some 23,215 shares of Apple stock to an unnamed charity, according to an SEC filing uncovered by BusinessInsider. Shares of $AAPL closed at 215.04 on Tuesday, making the value of this donation worth some $4.99 million dollars today. Of course, that value will change over time, and the dividend for those shares will earn the charity $16,947 every quarter. That’s a gift of $67,788 per year that keeps on giving, and it could grow if Apple continues to increase that dividend. In other words, it’s a princely gift from a man who has already promised to give away all his wealth (after providing for the education of his young nephew).

Tim Cook Donates More than 23,000 of His Apple Shares to Charity

Analyst Ming-Chi Kuo Returns to Predict More Aggressive iPhone Pricing

· · Rumor

iphone x apple store

After leaving KGI Securities, Apple analyst Ming-Chi Kuo is back to predict “more aggressive” iPhone pricing for the upcoming 2018 models. Kuo believes that Apple wants to reassure investors concerned with the iPhone X’s $1,000 base price, as well as make technologies like Face ID more accessible.

Everything Warren Buffett Said about Apple Since 2011

· · Cool Stuff Found

Warren Buffett on Apple - CNBC Compilation Video

Check out this compilation video CNBC made covering everything Warren Buffett said about Apple since 2011. It ranges from not owning Apple, but thinking highly of the company to buying Apple because of the value of its ecosystem. There’s also a mention of a conversation he had with Steve Jobs, who asked the Oracle of Omaha what he should do with all of Apple’s cash. Mr. Buffett’s advice then was to buy back shares, a strategy Apple has followed with zeal in the years since Mr. Jobs’s passing. Mr. Buffett is a very big deal in investing circles, and it’s an interesting to see his thoughts on Apple evolving over time. There was another interview with Warren Buffett and Bill Gates about Apple on Monday, and Mr. Buffett’s Berkshire Hathaway now owns $43 billion in AAPL stock.