Q1 earnings miss the mark across the board but stock is up 4% Any other stock in this position would have been hammered so why is Apple unique? I am not complaining as I am a shareholder but was hoping to pick up more at a discount. #apple #investments
Oh no. Market is acting irrationally and counter-intuitively. Shocker!! š±
Market priced in worse earnings and outlook.
Best bet in town. Has the most pork available to cut if they have too
The market believed in Timās explanation. But I think Apple is clearly overvalued at this point. Smart phone market has saturated, there is just not much new things coming out to motivate people to get a new phone. The global smartphone shipment dropped 17% in Q4, Apple weather it much better, but eventually they will also get impacted. Basically you will expect single digit or negative growth for the foreseeable future every quarter. The only thing Apple can do is to milk more out their closed system by pushing other vendors out. They have been riding the new tech wave created by Jobs for years, and hasnāt been doing any innovation since Jobs passed away.
AirPods, Watch, Apple silicon all after Steve Jobs, not as big as iPhone tho. Also Appleās āReality Labsā is betting on something new as well.
Because weāre all completely siloed from other projects i have no idea whether what youāre saying is true @cOSS27 , but regardless you have way too much faith in Blind to risk saying something like that with an account tagged to your work email.
Market is manipulated. That is why there are bloom and bust. Ppl in love with easy quick money
Reasons in the earnings call - 1. Higher FX due to dollar 2. China shutdown 3. Macro trends. There is no mention of company specific issue. All the three above are getting corrected. Dollar is falling compared to other currencies esp. China. China is opening up and apple is diversifying supply chain. Macro headwinds are subsiding. All good news
Apple is the flag bearer of US economy. People don't buy Apple stock only when the company is doing well. They buy it when nothing else looks good enough and they don't want to hold cash.
Short squeeze
Its Q4 22' first of all
Not sure what you're talking about, but it was Q1 '23
First quarter of 23' isnt even over yet. The results are for Q4 22'
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I do tech screens at Google. AMA
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I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
Market was expecting worse clearly.
š this is BS
@ReadyForWork Maybe you have heard of Barclays, who was targeting a share price of $133? Or do you have some other source to site other than your own emoji finger? https://www.cnbc.com/2023/01/11/barclays-cuts-apple-price-target-on-demand-weakness-slowing-services.html