Remember that they both beat expectations. Then why this kind of bias by the market?
Cuz it is apple.
So you are wondering why the stock market is irrational? Welcome to the club.
π
Last quarter, it was completely opposite. MSFT rose and Apple fell after their earnings call even though they both beat expectations. In other words, things happen.
Pip the market
One is elite. Other serves mostly all 3rd world countries π