Yahoo Finance tech editor Dan Howley details how smartphone shipments are at their lowest level since 2013, with Apple iPhone shipments down nearly 15% YOY.
Apple (NASDAQ: AAPL) and Coca-Cola (NYSE: KO) are among the portfolio's top holdings. This video will highlight the stocks and determine what Warren Buffett sees in these four companies. *Stock prices used were the afternoon prices of Jan.
No machine could sound as devoid of human feeling as the Amazon memo sent at the start of the year entitled: “Update from CEO Andy Jassy on role eliminations”. After taking a sideswipe at “one of our teammates [who] leaked this information externally”, Jassy failed to give much explanation for 18,000 job cuts other than “the uncertain economy and that we’ve hired rapidly over the last several years”. It is questionable how much comfort “those impacted by these reductions” took from Jassy’s attempt at consolation: “You have made a meaningful difference in a lot of customers’ lives.”