Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,099
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Post by Dave on Apr 23, 2021 1:49:39 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,099
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Post by Dave on Apr 23, 2021 1:54:28 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,099
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Post by Dave on Apr 23, 2021 2:03:32 GMT -8
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Post by archibaldtuttle on Apr 23, 2021 5:58:27 GMT -8
Intel looks like the latest tech corporation to report a beat on revenue and earnings, only to see their stock tank on the report. It happened to Netflix recently as well.
Hopefully since that's what happened to AAPL in January it won't happen again now, but just a reminder that an earnings beat doesn't always lead to a positive stock reaction...
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Apr 23, 2021 7:42:11 GMT -8
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ono
Member
compensation
Posts: 537
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Post by ono on Apr 23, 2021 7:57:45 GMT -8
apple.news/AMD4V_6uyQduCrmogkAMp6w Enterprise device management of Apple devices startup's growth “Then we saw revenue grow more than 20X — almost 30X — last year. Since we’ve raised our Series A round, we tripled revenue. We expect to triple revenue again by the end of the year.” The big checks from well-known venture funds signal the growing interest in software that supports remote work, and the uptick in Apple products in the enterprise market. Already 500 companies use the startup’s software, including Allbirds, Crunchbase, Belkin, Noom and several other well-known brands.
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Post by Lstream on Apr 23, 2021 8:59:32 GMT -8
apple.news/AMD4V_6uyQduCrmogkAMp6w Enterprise device management of Apple devices startup growth “Then we saw revenue grow more than 20X — almost 30X — last year. Since we’ve raised our Series A round, we tripled revenue. We expect to triple revenue again by the end of the year.” The big checks from well-known venture funds signal the growing interest in software that supports remote work, and the uptick in Apple products in the enterprise market. Already 500 companies use the startup’s software, including Allbirds, Crunchbase, Belkin, Noom and several other well-known brands. I can attest to this. Our company saw a dramatic uplift in usage, because the product is targeted at remote work. At the same time, we decided to do a Series D round. We were oversubscribed, attracted strategic investors, and had to turn away investors. This was a sizeable round, and I expect we could have doubled it if we wanted to. People believe that the shift to remote work is no longer just dependent on Covid.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Apr 23, 2021 9:26:01 GMT -8
People believe that the shift to remote work is no longer just dependent on Covid. There’s no doubt about it. Both employers and employees in many industries see it as a positive.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,099
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Post by Dave on Apr 23, 2021 9:28:39 GMT -8
Is it too early for a WOW?
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Post by duckpins on Apr 23, 2021 9:53:45 GMT -8
Both OLED (speaking of displays) and Apple didn't move up or moved up and then sank after stellar earnings the last 2 cycles. If they beat a 3rd time don't bet against a significant move. WS likes volatility and the unexpected. But EPS rules in the long run. Not to say the market is manipulated in the short run. In favor of the uptrend is Chinese stocks are moving up. CWEB is up nearly 3 points.
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