qwerty52
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Apple's settlement with Qualcomm precludes it from invalidating patents, court decides
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App Tracking Transparency has hit social media for $10 billion in lost revenue so far
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Leaked photo of Meta's upcoming smartwatch reveals Apple Watch-esque design
muaddib said:This is going to be as popular as the Fire Phone from Amazon.Or as popular as the Facebook Phone, presented by Zuck, as “The iPhone killer”......
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Microsoft dethrones Apple, becomes world's most valuable company
mpantone said:Beats said:Is the Apple share drop because they didn’t meet random people’s expectations even though they had another record-breaking quarter?
If you own shares of AAPL either directly or indirectly and you didn’t buy or sell today, you weren’t one of those who sent the share prices down.
The people who sent the share price down were today’s buyers and sellers. Some sellers offered some of their shares and today’s buyers didn’t want to pay yesterday’s prices. Some of those sellers decided to accept lower bids. It’s called a free market economy.
They aren’t random people. They are both institutional investors as well as retail investors. They all have tax IDs. The SEC knows exactly who these parties are and so will the IRS eventually. It’s not just Jimmy Fanboy Investor on AppleInsider, it’s more like some fund manager at FMR or someone who manages the pension fund of your state’s teachers union, hedge fund managers.
While the stock market will punish companies (and not just Apple) for missing expectations, the market is mostly forward looking. The market is also unhappy when the company withholds forward guidance.
Apple hasn’t offered guidance since the pandemic began and today’s market reaction was predictable.Not agree, because all the people you’re talking about, are following the advices of really random people: so called “analysts”, the “best” of which are working for Wall Street.
By predicting unrealistic high expectations, they are creating negativity around Apple, even when Apple breaks its own quarterly revenue records
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Leaked photo of Meta's upcoming smartwatch reveals Apple Watch-esque design