Amazon Risks Wipeout With Bad Guide. Apple Still Apple
Amazon and Apple closed the book on mega-cap US tech earnings Thursday with results that weren't likely to inspire much in the way of investor enthusiasm. Following underwhelming reports from Microsoft and Alphabet and another fiasco at Meta, Amazon came up short on the top line, and guided well below consensus for Q4. Net sales of $127.10 billion were up 15% YoY, more than double Q2's growth rate. The Street wanted a bit more. Excluding a $5 billion currency impact, revenue growth was 19%. Th
7 thoughts on “Amazon Risks Wipeout With Bad Guide. Apple Still Apple”
What does it say when the edifice of the market’s valuation rests on a highly proprietary phone.
The bigger question(s) is (are) what does it say about Steve Jobs, when a product he introduced 15 years ago is still as relevant as it is, and where would we be as a society if he were still around?
Totally agree but they need a new product and Jobs isn’t around.
“What’s good for the iPhone is good for America.”
The best time to buy AAPL was yesterday. I keep finding that out the hard way.
This is Jassy’s chance to make AMZN into the FCF machine that it could be, should be, and needs to be.
It just occurred to me. The Metaverse fantasy world is actually the NASDAC 100.