Apple reported strong earnings and a large stock buyback, but is considered overextended short-term; long-term holders are advised to hold.
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Apple Earnings Just Dropped | Here's What You Need to Know
Ricky GutierrezMay 1, 2026
Ricky Gutierrez discusses Apple's recent earnings report, highlighting strong performance across most segments despite a slight iPhone miss attributed to supply chain issues, not demand. He notes the company's significant stock buyback authorization and its strategic approach to capital allocation, contrasting it with AI-heavy investments by competitors. While acknowledging Apple is overextended in the short term, Gutierrez, as a long-term investor, has no intention of selling.
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