Missed what? Cook said revenue was on the high end of guidance. Apple doesn't sandbag anymore so that means more to me than some fictional sell side analyst figure that's used to pump the stock in the run up to earnings so they can sell off after...
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Apple Reports 2Q 2017 Results: $11B Profit on $52.9B Revenue, 50.8M iPhones
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Oh just how many jobs have been created because of Apple (not sure how they come up with that figure) and how much money they spend on American suppliers. Oh and that Apple is a company that could only have been created in the USA.
In that screenshot the number in the browser tab (-0.81%) was based on yesterday's close, not today's close. People making comments were likely referring to the change relative to today's close.
You can refer to an after-hours price change either way. In this context - assessing the immediate effect of an earnings report that was just released after hours - it probably makes more sense to refer to the change since today's close. At any rate, it isn't necessarily fake news - it's just referring to something different than the other number was. Also, sometimes the (trading) price changes quickly after hours (especially when there's an event such as an earnings release). Apple's price did that to some degree after the report was released today.
AAPL is down about 2.4% right now. That would only be about 1.8% if you were comparing its current (after-hours) price to yesterday's close.
I'm watching the price like a hawk all day and Marketwatch was wrong at the time. The price is now down more than 2% but if anyone is worried about that then they shouldn't invest in anything. Apple went up by almost that much in the last two days.
I bet most of that is Macbook Pro w/Touch Bar!
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AAPL will be up 20% within a month. Never pay any attention to the 'missed astronomic iPhones projections, so I'm selling" idiots.
And without relevant, state of the art hardware, all that fancy software is just lines of code on a hard drive in Cupertino.
He was hinting that a lower tax rate for repatriating their cash hoard would be a wonderful thing for America!
I do as well. Products like the AirPods, Watch and Pencil are what I really enjoy using day to day.
YoY, which is a massive disappointment considering the segment saw a large refresh between the two.
So they sold 2x that which was sold in this Q last year. But we're only interested in what 'x' is. Unless they disclose this then the watch is a failure.
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Maybe they're gonna invest that money in some innovation or new products. But they increase the stock buy back. Companies do this when they don't know what to do with their ca$h.
Yeah, I was hoping for a lil more but I'll take it. As long as they continue this norm, it's a good thing!
Yeah, I was hoping for a little bit more of an increase. But companies are very conservative on dividends. Basically market expectations for many companies is that dividends are NEVER decreased. So they only go up when a company is very certain they can keep it up for the next decade. Looks like Apple is going to keep doing stock buybacks. But at a certain point maybe they will feel the stock price is too high to justify that method of capital return.
I've seen it mentioned that they estimate it to be ~3.2million watch units this quarter (and 1.6 million being the year ago quarter).
Companies also keep cash lying around (i.e., $250 billion and counting) when they don't know what to do with it. Apple is entirely upfront that they have not found ways to spend this money in a rational and reasonable way. There isn't an "Innovation Store" that they can just walk up to and buy $10 billion worth of innovation. It doesn't work that way.
Well they can spend the money, you can always spend money. You just might not get much back. I will sell them an idea I have written on a letter in an envelop for $10 million. Or Snapchat will sell it self for $50 billion. I suspect Apple would be better served buying my idea. But neither is likely to return in revenue the purchase price.