Tweets, stores, VR, and Spaces are all in our Apple news report today:
The text version of this podcast can be found below.
Omega Advisors purchased a 227,000 share stake in the tech giant worth $24.7 million as of the end of the first quarter, according to regulatory filings with the Securities and Exchange Commission on Monday. The group previously dropped a stake in Apple early last year, selling roughly 384,000 shares of the company.
It’s not the first time Omega, with $5.1 billion under management, has flip-flopped on Apple. In 2013, Cooperman sold off his stake in Apple amid fears that the company’s growth may be slowing — though the iPhone continued its rise, notes Fortune.
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