Opened strong, but has settled to a pretty pathetic stock bump given the strength of the report. Same old nonsense.
Apple is the Rodney Dangerfield of the stock market.
And it just went negative. Analysts are apparently "worried" that the success won't be sustainable. Cats and dogs are living together.
So bizarre. If this were Lowes or GameStop or Netflix, the stock would have jumped 10-30% on such a "beat." But when Apple crushes expectations, people somehow change their expectations without changing the stock price.
I really y wish they would be a bit more aggressive on Mac pricing or specs: RAM & SSD. Most anyone with a Mac is more likely to be in the full eco-system and provide deeper penetration into mindshare/marketshare, thus driving more sales across the board. In the end they make the same profit or more, while penetrating more markets for all of their products. With the M1 I expected to see the same price/specs or a small decrease but instead it seems like it went up.
Mac gross margins are smaller than iPhone gross margins.
Opened strong, but has settled to a pretty pathetic stock bump given the strength of the report. Same old nonsense.
Apple is the Rodney Dangerfield of the stock market.
And it just went negative. Analysts are apparently "worried" that the success won't be sustainable. Cats and dogs are living together.
So bizarre. If this were Lowes or GameStop or Netflix, the stock would have jumped 10-30% on such a "beat." But when Apple crushes expectations, people somehow change their expectations without changing the stock price.
It began to rise shortly after after hours trading begun. But when Apple said, in the conference call, that they would be supply constrained the second half of the year, it began to drop. And that’s where we are now.
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It needs to be said - APPLE IS DOOMED