Apple Inc. is facing fresh scrutiny in France as prosecutors open a formal investigation into how the company handles voice recordings collected through its digital assistant, Siri.
Berkshire Hathaway CEO Warren Buffett helped turn the investment conglomerate into one of the world's most valuable companies. With a market capitalization of approximately $1.08 trillion as of this writing, Berkshire ranks as the world's 11th-biggest business (at the time of this writing).
A Jefferies analyst thinks Wall Street is reading too much into strong early demand for the iPhone 17 — setting the stage for disappointment down the road.
Even Apple Inc (NASDAQ:AAPL, ETR:APC) is not immune to scepticism. On Friday, Jefferies cut its rating on the iPhone maker to “underperform”, warning that investors are getting carried away with how quickly consumers will trade up their handsets.
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