The Buffett You Don't Know
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 4 May 2018
⏱️ 40 minutes
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| 0:00.0 | Managing your 401k is hard, Bloom isn't. |
| 0:03.4 | See what you can be doing to make your 401k better |
| 0:06.0 | by getting a free analysis at bloom 401k.com slash fool. |
| 0:11.1 | That's Bloom with 3Os 401k.com slash fool. |
| 0:15.9 | Everybody needs money. That's why they call it money. |
| 0:24.8 | From fool global headquarters, this is Motley Fool Money. |
| 0:35.2 | It's a Motley Fool Money radio show. I'm Chris Hilton joining me in studio this week. |
| 0:38.8 | Senior analyst Jason Moser, Andy Cross and Ron Gross. Good to see you as always, gentlemen. |
| 0:43.4 | Hey, here's you. We've got the latest headlines from Wall Street. |
| 0:46.2 | We've got CNBC host Becky Quick as our guest. |
| 0:49.2 | And as always, we'll give you an inside look at the stocks on our radar. |
| 0:51.9 | But we begin with the biggest public company getting even bigger. |
| 0:56.4 | Here's the only thing Apple did in its second quarter. |
| 0:59.6 | Double digit growth in revenue, double digit growth on the bottom line. |
| 1:03.2 | And oh yeah, Andy, they announced an additional stock buyback plan of $100 billion. |
| 1:08.9 | Amazing. And this was just a monster quarter for Apple. |
| 1:11.8 | And then Warren Buffett announced that he bought 75 million more shares during the first quarter. |
| 1:18.4 | That's almost $13 billion. So the real exciting part with Apple is they |
| 1:23.7 | demonstrated that they are becoming truly more than just the iPhone. |
| 1:26.8 | While iPhone still makes up 60% of their sales, their services now are 15% of their sales at 9 |
| 1:33.6 | billion last quarter, up 31%. And the wearables revenue, believe it, wearables were up 50%. |
| 1:40.0 | So this is the services like Apple Music, Apple Pay, iCloud, the app, the storage. |
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