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Thank goodness. Them spinning that out would have been a nightmare. Bad day to be Apple. Edit: I just checked the stock, I had no idea people priced in a split
by motoxpro 1y ago
Thank goodness. Them spinning that out would have been a nightmare. Bad day to be Apple.
Edit: I just checked the stock, I had no idea people priced in a split with that much certainty.
- frankchn 1y agoWhy would it be bad for Apple? They get to keep the billions/year flowing in exchange for Google Search being the default on iOS devices. Google just can't pay to be the only search engine on iOS (but they have never done that afaik). AAPL up 3%+ after hours.
- motoxpro 1y agoAh I see, I should have read it more clearly. Makes sense why they are up!
- diamond559 1y agoAfter hours moves can be dramatic, we'll see where it's at tomorrow w/ full volume. It's good news for sure but you can't tell me Wall Street actually thought they would be broken up or anything drastic.
- FergusArgyll 1y agoIt's not a binary will it won't it. You have to assign odds to it & if the odds are 10% you need to hedge that. Now you don't anymore
- crazygringo 1y ago> but you can't tell me Wall Street actually thought It's not binary. "Wall Street" is a lot of people independently pricing what they think is the probability and impact. But so yes, Wall Street was absolutely pricing in a drastic breakup to some degree. If they'd thought it was even more likely, the bump would have been even larger.