4 ms·
Despite the quarter being a week shorter, YoY growth on the iPhone and iPad unit sales was around %30. So, even if that's what Wall Street expected it seems ..
by nirvana 14y ago
Despite the quarter being a week shorter, YoY growth on the iPhone and iPad unit sales was around %30.
So, even if that's what Wall Street expected it seems ... off... to be down so much.
I think the reality is, some people expected %50 growth, and Wall Street doesn't like the fact that the margins are smaller.
The margins being smaller, however, goes hand in hand with what it takes to produce the massive growth... and the margins will improve.
Which is why markets aren't perfectly efficient... and people have an opportunity to profit from this kind of nonsense.
- OGinparadise 14y agoI understand the reasons, just don't agree with them. Google is meanwhile at 24 PE (~double AAPL') simply because they ruined their product by introducing "pay to play." What's going to happen a few quarters down the line when everything is pay-to-play and maxed out? But I guess they can sell the shares