Latest news with #iMacs
Yahoo
07-05-2025
- Business
- Yahoo
Warren Buffett credits Apple CEO Tim Cook with making ‘a lot more money than I've ever made' for Berkshire Hathaway
At Berkshire Hathaway's annual shareholder meeting, Warren Buffett praised Apple CEO Tim Cook for his leadership of the company. Berkshire Hathaway's Apple investment marked a rare foray into the tech industry for Buffett. Apple would eventually become one Berkshire's most significant and lucrative investments. When the world's investors looked at iMacs, the iPod, and the iPhone and saw technological breakthroughs, Warren Buffett saw something much simpler: products that everyone loved. Buffett, who on Saturday announced his intention to step down from his role as CEO of Berkshire Hathaway by year's end, made billions investing in Apple. Long wary of tech investments, Buffett made an exception for Apple. At one point in 2024, he was even Apple's largest investor outside of ETFs. Throughout the years, Buffett rather famously treated Apple as a consumer goods company, not a tech company. He was also enamored with Apple's ability to create and market products that consumers seemingly couldn't get enough of. In that sense, Buffett likened Apple more to Coca-Cola, another of his long-term investments. At Saturday's meeting, Buffett sang the praises of Apple and CEO Tim Cook for the returns it had delivered Berkshire Hathaway over the years. 'I'm somewhat embarrassed to say that Tim Cook has made Berkshire a lot more money than I've ever made [for] Berkshire Hathaway,' Buffett said. Cook, in Buffett's estimation, has led the company admirably since Apple cofounder and CEO Steve Jobs stepped down in 2011, just months before his death. 'I knew Steve Jobs briefly, and Steve, of course, did things that nobody else could have done in developing Apple,' Buffett said. 'Steve picked Tim to succeed him, and he really made the right decision. Steve died young as you know, and nobody but Steve could have created Apple, but nobody but Tim could have developed it as he has. So on behalf of all of Berkshire, thank you, Tim.' Jobs and Buffett had crossed paths a few times over their careers. In one instance, Buffett recalled that Jobs had called him for advice on what to do with Apple's huge cash pile. Buffett suggested Apple buy back stock, which both men agreed was undervalued in their view. However, Jobs decided not to, opting instead to just hold on to the cash. 'He just liked having the cash,' Buffett told CNBC in 2012. 'It was very interesting to me, because I later learned that he said that I agreed with him to do nothing with the cash. But he just didn't want to repurchase stocks, although he absolutely thought his stock was significantly underpriced.'
Globe and Mail
02-05-2025
- Business
- Globe and Mail
4 Stocks That Turned $1,000 Into $1 Million
This is real. It is actually possible to make a million dollars in the stock market with just a $1,000 investment. However, these big gains are never quick. The $1,000,000 payouts are also quite rare. Few investments can combine the multi-decade longevity and game-changing business success that's required to meet that lofty goal. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » I found four interesting examples of early $1,000 investments blooming into million-dollar wealth over time. Others may exist, especially if you look at very long time periods. I'm not necessarily recommending all of these stocks, because their lucrative history doesn't guarantee market-beating returns in the future. On that note, none of these names will need much of an introduction. Here are four stocks that turned $1,000 into a cool million, with any dividends along the way reinvested in more of the same stock. I'll show you the latest month you had to invest $1,000 in each stock in order to generate a $1,000,000 total return by the end of April, 2025. WMT Total Return Price data by YCharts Walmart: August 1982 Retail empire Walmart (NYSE: WMT) is a classic example of slow and steady winning the race. The first store opened its doors in 1962. The first billion-dollar annual sales were seen in the 1980s, amid a nationwide expansion of the store network. Last year's total sales clocked in at $681 billion, generating $12.7 billion of free cash flows. As you can see in the chart above, you'd have a million dollars in the bank if you started a $1,000 Walmart investment in the summer of 1982. There were some slow periods, like the mid-1990s and the first few years of the new millennium, but Walmart's intermittent growth spurts got the job done. These days, the stock is soaring again on Walmart's newfound success in e-commerce sales. MSFT Total Return Price data by YCharts Microsoft: January 1990 A $1,000 stake in Microsoft (NASDAQ: MSFT) stock would have taken about 35 years to make you a millionaire. The company launched the first commercially successful version of Windows later that year, with a clickable graphical user interface and multimedia support. The internet was quietly emerging from a pure research stage, though the first user-friendly Web browser was still two years away. Microsoft would go on to soar in stages, driven by the widespread use of home computers, the dot-com boom, and the more recent cloud-based computing and artificial intelligence (AI) explosions. AAPL Total Return Price data by YCharts Apple: October 2002 The same secular trends that boosted Microsoft also helped Apple (NASDAQ: AAPL). However, the time frame for this $1,000 to $1,000,000 surge is much shorter, starting with the iMacs and iPods of the early 2000s. This company also conquered the mobile computing market with iPhones and iPads. Apple Stores have set the standard for running a hyper-efficient luxury retail store, and Cupertino keeps delivering best-selling smartphone designs every year. NFLX Total Return Price data by YCharts Netflix: March 2003 That brings me to the quickest of these four million-dollar jumps. Netflix (NASDAQ: NFLX) rewrote the rulebook for video rentals with its red DVD mailers, but was quick to abandon that success story in favor of digital video-streaming services. Netflix's business soared in the coronavirus lockdown period, but the artificial acceleration disappeared when people got back to entertainment options outside their homes. An agile transition to ad-supported subscriptions later, Netflix got back on track and the stock is exploring all-time highs again. The million-dollar lesson: Patience pays off There you have it. $1,000 really can turn into $1,000,000 in the stock market, but even the swiftest surge here took more than two decades. On the other hand, Walmart outperformed the S&P 500 (SNPINDEX: ^GSPC) market index by a fairly slim margin, and that was still good enough to deliver a thousand-fold return in 38 years. So there are many paths to life-changing stock returns, but they all have one thing in common: Unshakable patience over several decades. The real trick is to find stocks that can stick around and deliver consistent gains over a very long period. Should you invest $1,000 in Netflix right now? Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $611,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $684,068!* Now, it's worth noting Stock Advisor 's total average return is889% — a market-crushing outperformance compared to162%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of April 28, 2025
Yahoo
02-05-2025
- Business
- Yahoo
4 Stocks That Turned $1,000 Into $1 Million
Turning $1,000 into $1 million through stock investments is possible but requires extraordinary patience over several decades. Walmart reached the million-dollar milestone for early investors who purchased shares in August 1982 and held on for 43 years. Netflix delivered the fastest path to $1 million, turning $1,000 into seven figures in a 22-year growth spurt. This is real. It is actually possible to make a million dollars in the stock market with just a $1,000 investment. However, these big gains are never quick. The $1,000,000 payouts are also quite rare. Few investments can combine the multi-decade longevity and game-changing business success that's required to meet that lofty goal. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » I found four interesting examples of early $1,000 investments blooming into million-dollar wealth over time. Others may exist, especially if you look at very long time periods. I'm not necessarily recommending all of these stocks, because their lucrative history doesn't guarantee market-beating returns in the future. On that note, none of these names will need much of an introduction. Here are four stocks that turned $1,000 into a cool million, with any dividends along the way reinvested in more of the same stock. I'll show you the latest month you had to invest $1,000 in each stock in order to generate a $1,000,000 total return by the end of April, 2025. Retail empire Walmart (NYSE: WMT) is a classic example of slow and steady winning the race. The first store opened its doors in 1962. The first billion-dollar annual sales were seen in the 1980s, amid a nationwide expansion of the store network. Last year's total sales clocked in at $681 billion, generating $12.7 billion of free cash flows. As you can see in the chart above, you'd have a million dollars in the bank if you started a $1,000 Walmart investment in the summer of 1982. There were some slow periods, like the mid-1990s and the first few years of the new millennium, but Walmart's intermittent growth spurts got the job done. These days, the stock is soaring again on Walmart's newfound success in e-commerce sales. A $1,000 stake in Microsoft (NASDAQ: MSFT) stock would have taken about 35 years to make you a millionaire. The company launched the first commercially successful version of Windows later that year, with a clickable graphical user interface and multimedia support. The internet was quietly emerging from a pure research stage, though the first user-friendly Web browser was still two years away. Microsoft would go on to soar in stages, driven by the widespread use of home computers, the dot-com boom, and the more recent cloud-based computing and artificial intelligence (AI) explosions. The same secular trends that boosted Microsoft also helped Apple (NASDAQ: AAPL). However, the time frame for this $1,000 to $1,000,000 surge is much shorter, starting with the iMacs and iPods of the early 2000s. This company also conquered the mobile computing market with iPhones and iPads. Apple Stores have set the standard for running a hyper-efficient luxury retail store, and Cupertino keeps delivering best-selling smartphone designs every year. That brings me to the quickest of these four million-dollar jumps. Netflix (NASDAQ: NFLX) rewrote the rulebook for video rentals with its red DVD mailers, but was quick to abandon that success story in favor of digital video-streaming services. Netflix's business soared in the coronavirus lockdown period, but the artificial acceleration disappeared when people got back to entertainment options outside their homes. An agile transition to ad-supported subscriptions later, Netflix got back on track and the stock is exploring all-time highs again. There you have it. $1,000 really can turn into $1,000,000 in the stock market, but even the swiftest surge here took more than two decades. On the other hand, Walmart outperformed the S&P 500 (SNPINDEX: ^GSPC) market index by a fairly slim margin, and that was still good enough to deliver a thousand-fold return in 38 years. So there are many paths to life-changing stock returns, but they all have one thing in common: Unshakable patience over several decades. The real trick is to find stocks that can stick around and deliver consistent gains over a very long period. Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $611,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $684,068!* Now, it's worth noting Stock Advisor's total average return is 889% — a market-crushing outperformance compared to 162% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Anders Bylund has positions in Netflix and Walmart. The Motley Fool has positions in and recommends Apple, Microsoft, Netflix, and Walmart. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 4 Stocks That Turned $1,000 Into $1 Million was originally published by The Motley Fool Sign in to access your portfolio
Vox
21-04-2025
- Automotive
- Vox
Escape Velocity
President Donald Trump ran on a promise of more fossil fuels, fewer environmental regulations, and outright climate denial — and now he's following through. His administration is gutting clean energy policy, fast-tracking oil and gas projects, and reshaping environmental policy with sweeping consequences. At the same time, though, there's another force pulling hard in the opposite direction. A global clean tech revolution — one that powers our homes, our cars, and our lives without wrecking the climate — is already well underway. The new generation of wind and solar power, batteries, and electric vehicles are on the verge of, or have already achieved, escape velocity, breaking free from the gravity of political capriciousness. In a lot of places, especially in power generation, the cleanest option is also the fastest, the cheapest, and the one most likely to turn a profit. That's true whether or not you care about the climate. The world is building momentum around clean energy, unlocking ways to grow economies and raise living standards without cranking up the planet's temperature. And every fraction of a degree we avoid means more lives saved, fewer disasters, more stability, and more of the future left intact. It's 2025 — halfway between now and 2050, the year stamped on basically every major climate target. That puts us closer to those deadlines than we are to Gladiator, Kid A, iMacs, and frosted tips. So it's a good moment to pause and ask: How did we get here? Are we moving fast enough? And what's standing in the way? In this special project, Escape Velocity, Vox's climate team set out to answer those questions. We looked at the places where climate progress is still speeding up, the breakthroughs changing everything behind the scenes, and the moments where clean tech might overcome political resistance entirely. The US has played a key role in getting the world to this point. But now, other countries are eyeing the lead. Right now, we're holding a strong hand, but our government is actively sabotaging it. What's at stake isn't just a cleaner future — it's whether the US stays in the race at all. —Paige Vega, climate editor CREDITS: Editorial lead: Paige Vega Editors: Carla Javier, Miranda Kennedy, Naureen Khan, Paige Vega, Elbert Ventura, Bryan Walsh | Reporters: Avishay Artsy, Sam Delgado, Adam Clark Estes, Jonquilyn Hill, Melissa Hirsch, Umair Irfan, Benji Jones, Paige Vega | Copy editors and fact-checkers: Colleen Barrett, Esther Gim, Melissa Hirsch, Sarah Schweppe, Kim Slotterback | Art director: Paige Vickers | Data visualization: Gabrielle Merite | Photo illustration: Gabrielle Merite | Original photography: Annick Sjobakken | Data fact-checking: Melissa Hirsch | Podcast engineering: Matthew Billy | Audience: Bill Carey, Gabby Fernandez, Shira Tarlo | Editorial directors: Elbert Ventura and Bryan Walsh | Special thanks: Nisha Chittal and Lauren Katz
Yahoo
20-04-2025
- Business
- Yahoo
The Best Warren Buffett Stocks to Buy With $60 Right Now
You don't need a lot of money to generate long-term wealth. Even small sums can grow immensely over time. All you need is time and the right stock picks. Have $60 to spare? Consider splitting that sum across the two Warren Buffett stocks below. To generate true wealth, you'll likely need add to these investments over time. But getting started is the hardest part, and these two stock picks -- using fractional shares offered by many online brokerages -- instantly give you a portfolio of businesses primed to benefit from the biggest growth market this century: artificial intelligence (AI). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Most people think of Amazon (NASDAQ: AMZN) as an e-commerce giant. But its Amazon Web Services division -- more commonly referred to simply as AWS -- is arguably the company's biggest strength right now. This division is not only delivering big profits, but also provides Amazon with its biggest growth opportunity in years. What exactly does AWS do? It delivers on-demand cloud computing services. Think of it as a distributed computer. You can have entire applications run in "the cloud," which essentially just means that AWS is running them on its services. This allows businesses like AI start-ups to scale up infrastructure fast without needing to purchase its own equipment. In a nutshell, you can think of AWS as a rental business that rents out processing and storage capabilities. What does this all have to do with artificial intelligence? AI applications require a lot of computing power to train and execute their models. Demand can be variable and fluctuate wildly. Cloud infrastructure allows this to occur seamlessly, scaling up and down depending on the businesses needs that day. If every AI company needed to purchase its own GPUs and build out its own infrastructure, innovation would crawl to a halt. With a 30% market share for cloud infrastructure worldwide, AWS is a top choice for many AI businesses. Buffett's holding company, Berkshire Hathaway, owns roughly $2 billion of Amazon shares. Considering AWS contributed roughly 75% of Amazon's operating income last year, it's fair to say that Buffett and company have a lot staked on the AI economy through this position alone. But it's the next holding on this list that is truly a huge bet on AI. As with Amazon, most investors don't think of Apple (NASDAQ: AAPL) as an AI company. That's because most of its sales and profits are still derived from hardware, things like iMacs, iPhones, and iPads. But a growing source of revenue for the company is in App Store sales. And this gives Apple a front row ticket to the rise of AI, no matter which AI service ultimately wins out. Over the first 65 days of 2025, the Apple Store generated $5.3 billion in revenue, up 14% year over year. Note that total revenue last quarter grew by just 4%. A huge amount of the App Store's growth has been fueled by AI applications like ChatGPT. Sales from AI applications like this jumped by roughly 50%. ChatGPT alone now has more than 45 million downloads, tripling its daily active users year over year. Bank of America recently reaffirmed its "buy" rating on Apple stock due to the strength of its software and services segment, which includes App Store sales. While it can vary, Apple takes roughly 30% of any money paid to apps on its App Store. And because the App Store is the only official way to get applications into the hands of iPhone users, Apple maintains an immensely valuable place in the value chain. Apple is currently the biggest position in Berkshire's portfolio, with a value of roughly $75 billion. But you don't need billions to bet on AI businesses like Amazon and Apple. Just $60 -- split evenly between both companies -- can get you started on the right path. Adding more funds later is far easier than putting your first dollars to work. Establish an initial position, maintain a long term perspective, and add additional funds whenever possible, even in small increments. Over time, even small additions can add up. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $518,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $640,429!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 152% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 Bank of America is an advertising partner of Motley Fool Money. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Apple, Bank of America, and Berkshire Hathaway. The Motley Fool has a disclosure policy. The Best Warren Buffett Stocks to Buy With $60 Right Now was originally published by The Motley Fool
