E2226 - June 29, 2022
Apple (AAPL) free cash flow analysis
If you are new to Telltales, welcome! It’s great to have you here. This newsletter is designed to complement our weekly call/podcast and ultimately enable you develop your ability to think critically and independently about investments. Neither the podcast nor this newsletter provide ‘stock tips’ or financial advice. You should always do your own work to determine if an investment is suitable for you. If you are new, please check out the What is Telltales? post.
Every week I will provide additional data to supplement our weekly Telltales podcast. You can get the podcast on Apple Podcasts, Spotify, or SoundCloud.
Subscribe to this newsletter to stay up to date!
As Hunt mentioned this week, we will work through annual and quarterly reports on the calls and we encourage you to follow along. For this week’s episode, you’ll want the latest Apple 10-Q. Hunt walks through the cash flow statement (pg. 5) and works up a free cash flow based valuation.
I’ve included a link where you can download and print the most recent 10-K and 10-Q for the companies we are planning to work through the next few weeks. You can find the filings for any company using the SEC Edgar Company Search Page.
Apple
Apple Inc. Form 10-Q For the Fiscal Quarter Ended March 26, 2022
Apple Inc. Form 10-K For the Fiscal Year Ended September 25, 2021
Tesla
Amazon
AMAZON.COM, INC. FORM 10-Q For the Quarterly Period Ended March 31, 2022
AMAZON.COM, INC. FORM 10-K For the Fiscal Year Ended December 31, 2021
Meta Platforms, Inc. Form 10-Q For the Quarterly Period Ended March 31, 2022
Meta Platforms, Inc. Form 10-K For the Fiscal Year Ended December 31, 2021
Microsoft
MICROSOFT CORPORATION FORM 10-Q For the Quarter Ended March 31, 2022
MICROSOFT CORPORATION FORM 10-K For the Fiscal Year Ended June 30, 2021
Supplemental Data
1 SuperCompounders
2 Macro
3 Energy
3.1 Oil & Gas
3.2 Metals Powered
4 Tech
Cloud Multiples - Check out the most recent edition of Clouded Judgement for the latest SaaS multiples.
Semiconductors
Semiconductor Industry Association Global Billings Report
Bureau of Economic Analysis Semiconductor Import / Export
Cryptocurrency
How did you like this week’s Telltales? Your feedback helps me make this great.
Loved | Great | Good | Meh | Bad | ….. If you liked this post from Telltales, why not share it?
This post and the information herein are intended for informational purposes only. The views expressed herein are the author’s alone and do not constitute an offer to sell, or a recommendation to purchase, or a solicitation of an offer to buy, any security, nor a recommendation for any investment product or service. While certain information contained herein has been obtained from sources believed to be reliable, neither the author nor any of his employers or their affiliates have independently verified this information, and its accuracy and completeness cannot be guaranteed. Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, timeliness or completeness of this information. The author and all employers and their affiliated persons assume no liability for this information and no obligation to update the information or analysis contained herein in the future.