The London Company Income Equity portfolio increased 6.0% gross (5.8% net) during the quarter vs. a 5.3% increase in the Russell 1000 Value. Corning Inc. continues to outperform expectations, led by strong demand in its Optical Communications segment, particularly its GenAI-related products. Nintendo Co. was a bottom performer this quarter due to volatility at the beginning of the console cycle...
In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2 billion from the prior quarter.
Apple Inc. delivered strong Q4 '25 results, beating earnings and revenue estimates, driven by robust iPhone 17 adoption and record Services revenue. AAPL's Services segment achieved 15% year-over-year growth, now comprising 28.1% of total revenue, highlighting its increasing importance to Apple's business model. Despite a positive Q1 '26 outlook and continued profitability, AAPL shares are trad...
Apple Inc. shares have outperformed the S&P 500 since my previous piece, driven by easing tariff risk and AI optimism. Recent gains in AAPL are attributed to improved sentiment on AI potential and valuation multiple expansion. AI represents both a threat and an opportunity for AAPL, and it is too early to say for sure how AI will impact the company.
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