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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: NAG1 who wrote (212737)2/1/2024 4:50:40 PM
From: Zen Dollar Round  Read Replies (1) | Respond to of 213177
 
Expectations were low for Apple heading into earnings, so anything but a large upside will be seen as disappointing.

Apple also had Chinese iPhone sales down 13% YOY and iPad revenues were lower. Services revenue was also down slightly.

That said, most results were better than expected and so far, the stock is not dramatically lower.

We'll see what they say on the earnings report, always a chance Tim Cook and friends will say something to tank AAPL lower, like lowered guidance.



To: NAG1 who wrote (212737)2/2/2024 7:56:41 PM
From: Zen Dollar Round  Respond to of 213177
 
Mr. Market largely yawned today over Apple's earnings. It was down only 0.54% ($ -1.01) on a day when the market was otherwise up big.

We'll see what happens over the next week or so, but perhaps earnings were good enough to quell worries for the near future. The results were definitely better than I expected.


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