4 ms·
> Investors are pulling their hair out because Apple only made $117 billion. Is anyone really going to miss that $4 billion? You'll hear investors and talking h
by pm90 4y ago
> Investors are pulling their hair out because Apple only made $117 billion. Is anyone really going to miss that $4 billion? You'll hear investors and talking heads calling for corrective layoffs when in reality nothing needs to be done. They are still ridiculously profitable and will continue to be.
I feel like this is hitting on something that hasn't been given enough attention: what happens when a company doesn't meet Wall St. "predictions". The consensus view (at least in the mainstream media) appears to be that this means that the company has "under-performed" and thus should be punished. But... why? Maybe the Wall St analysts were the ones not performing well enough? Where is the accountability in the other direction?
- robryan 4y agoI wouldn't say it is being punished, it is merely the share price being readjusted based on the new information compared to the predicted information.