Story · Tim Cook
Apple Knows Cash is King Which is Why I Keep Loading Up
Investment analyst Alex Sirois argues for continued investment in Apple (AAPL) based on its strong cash return to shareholders. In fiscal 2025, Apple returned $106.1 billion to shareholders via buybacks and dividends, and authorized a new $100 billion buyback program. Q2 FY26 Services revenue hit a record $31 billion, while operating cash flow remains robust at $53.9 billion in Q1 FY26. The author contrasts Apple's disciplined capital expenditure of $12.7 billion against Amazon and Alphabet's heavy AI infrastructure spending. Risks cited include a high P/E ratio of 43, low dividend yield of 0.32%, and exposure to Greater China and third-party manufacturing. The article also promotes a separate list of top AI stocks that excludes Apple.
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