Jim Cramer praised Apple's balance sheet as 'pristine' while criticizing hyperscalers like Alphabet for heavy debt from AI data center investments. However, filings show Apple actually carries nearly twice the debt of Alphabet, with a debt-to-equity ratio of 1.52 versus Alphabet's 0.14. Apple’s strong liquidity, including $39.5 billion in cash and $84.1 billion in investments, supports its financial health despite high debt and negative retained earnings from stock buybacks. Alphabet’s debt rose sharply in 2026 to fund massive AI capital expenditures, suspending buybacks and posting negative free cash flow. Both companies remain financially sound, but Apple's balance sheet will face tests if it accelerates AI infrastructure spending under new leadership.
Apple's stock rose 2.6% despite a broader tech market decline, becoming a preferred safe trade amid concerns over AI sustainability and global rate sell-offs. The stock's inverse correlation with the Nasdaq-100 hit a historic low, showing Apple’s uni...
John Ternus, Apple's new CEO, previewed a major iPhone launch scheduled for next week, calling it "phenomenal" in his first message to employees. He also hinted at exciting future products, including foldable iPhones, smart home devices, and AI-power...
John Ternus, newly appointed Apple CEO, announced a major product launch scheduled for September 9, likely featuring Apple's first foldable iPhone and an upgraded Siri AI. This event marks a critical moment as Ternus takes over from Tim Cook, who led...
John Ternus officially became Apple's CEO, succeeding Tim Cook, causing shares to rise 2.7%. Ternus, previously senior VP of hardware engineering, praised Cook's leadership and expressed excitement about upcoming product launches and innovations. Ana...
Apple's stock rose 3% on John Ternus's first day as CEO, outperforming the tech sector which faced pressure from rising Treasury yields. The surge highlights Apple's strong balance sheet and free cash flow, contrasting with debt-heavy peers like Orac...
