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Notably, famed investor Carl Icahn has exited his entire position in Apple, citing concerns about China’s influence as a primary reason—though Icahn still considers Apple to be an undervalued and fundamentally strong business. This mixed sentiment highlights the complex landscape Apple faces: a company that is both powerful and vulnerable in certain markets.
Despite Challenges, Strong Financials Remain
Amid the concerns, Apple continues to demonstrate robust financial strength. During the quarter, it generated approximately $11.6 billion in operating cash flow and returned $10 billion to shareholders through dividends and share buybacks. These shareholder-friendly initiatives have steadily increased, contributing to a resilient financial profile.