Apple Earnings Were Spectacular. Why Its Stock Dropped.

Barrons2021-04-30

Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography. And to top things off, Apple ...

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精彩评论

iImba
2021-04-30
iImba
Long term no worries
burdess
2021-04-30
burdess
please like and comment
chinlee
2021-04-30
chinlee
i believe in u appl!!
Yani94
2021-04-30
Yani94
Either way it’s good.
BriBri
2021-04-30
BriBri
Good points raised...Apple is heavily reliant on its hardware business.
Disney168
2021-04-30
Disney168
Comment?
- MightyPooP:
  comment back pls
- DericPiew:
  comment bak pls
- Nzt48回复DericPiew:
  Done
- MightyPooP回复DericPiew:
  ok

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Why Its Stock Dropped.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography. And to top things off, Apple ...</p>\n\n<a href=\"https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/apples-spectacular-earnings-arent-lifting-the-stock-the-worry-is-growth-51619725137?mod=RTA","article_id":"1115694402","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115694402","pubTimestamp":1619748326,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Apple reported an insanely great March quarter, with revenues and profits far higher than expected. ","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果收入惊人。为什么它的股票下跌。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography. And to top things off, Apple raised its dividend by 7%, while increasing its stock repurchase plan by $90 billion.\nAt least a dozen analysts raised their targets for the stock price (ticker: AAPL) on Thursday, and every single one of them raised their earnings estimates in response to the results. Goldman Sachs analyst Rod Hall, long one of the most prominent Apple bears, threw in the towel, raising his rating to Neutral from Sell. His previous view that iPhone sales would disappoint during the pandemic was “clearly wrong,” he wrote.\nApple reported growth of 66% in iPhone sales, 70% for Macs, 79% for iPads, and 25% for Wearables, with 27% growth in Services. The company posted 56% growth in Europe, and a remarkable 88% in China.\nIt was pretty obvious heading into the quarter that estimates were too low, but the fact that the stock finished roughly unchanged on the day, with a loss of 0.1% to $133.15, no doubt has some bulls a little perplexed. One obvious question is what can Apple do as an encore?\nBernstein analyst Toni Sacconaghi called the quarter was “an absolute blowout,” but said the numbers may have been too good, creating difficult comparisons in every business category for fiscal 2022. 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He kept his rating on the stock at Market Perform.\nGoldman’s Hal conceded that he has been on the wrong side of the stock. “Not only has Apple done better than we expected on iPhone during the cycle but Mac and iPad have also materially outperformed our forecasts,” he wrote. “iPad demand is so strong that the company believes they will leave $3 billion to $4 billion of revenue on the table in [the June quarter]. With this kind of demand backlog and a very difficult re-opening forecasting environment, we are moving to the sidelines here.”\nHall, too, expects a decline at the top line in fiscal 2022.\nCowen’s Krish Sankar is more upbeat. He repeated an Outperform rating on the stock and lifted his target for the price to $180, from $153. 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worries","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103802261","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103134090,"gmtCreate":1619754692210,"gmtModify":1634210150074,"author":{"id":"3582717601667302","authorId":"3582717601667302","name":"burdess","avatar":"https://static.tigerbbs.com/a17f2b2e5a6a0f0cee2c197cc22ac550","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582717601667302","authorIdStr":"3582717601667302"},"htmlText":"please like and comment&nbsp;","listText":"please like and comment&nbsp;","text":"please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103134090","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103342255,"gmtCreate":1619751201777,"gmtModify":1634210173846,"author":{"id":"3573467004161906","authorId":"3573467004161906","name":"chinlee","avatar":"https://static.tigerbbs.com/30dd0c92b6472d7ab9f701584a7f0d60","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3573467004161906","authorIdStr":"3573467004161906"},"htmlText":"i believe in u appl!!","listText":"i believe in u appl!!","text":"i believe in u appl!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103342255","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103351389,"gmtCreate":1619750147941,"gmtModify":1634210182609,"author":{"id":"3578815851933102","authorId":"3578815851933102","name":"Yani94","avatar":"https://static.tigerbbs.com/574b6d895fae79decd3eed14879f3195","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578815851933102","authorIdStr":"3578815851933102"},"htmlText":"Either way it’s good.&nbsp;","listText":"Either way it’s good.&nbsp;","text":"Either way it’s good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103351389","repostId":1115694402,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103350504,"gmtCreate":1619749937708,"gmtModify":1634210184364,"author":{"id":"3581814892991688","authorId":"3581814892991688","name":"BriBri","avatar":"https://static.tigerbbs.com/a491a55c22a61b336ee95f092d522622","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581814892991688","authorIdStr":"3581814892991688"},"htmlText":"Good points&nbsp;raised...Apple is heavily reliant on its hardware business.","listText":"Good points&nbsp;raised...Apple is heavily reliant on its hardware business.","text":"Good points raised...Apple is heavily reliant on its hardware business.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103350504","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103364026,"gmtCreate":1619748891465,"gmtModify":1634210194767,"author":{"id":"3581483862047878","authorId":"3581483862047878","name":"Disney168","avatar":"https://static.tigerbbs.com/2306a5f8d24ebd89f88132c5a8f1eeec","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581483862047878","authorIdStr":"3581483862047878"},"htmlText":"Comment?","listText":"Comment?","text":"Comment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/103364026","repostId":1115694402,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4178561,"gmtCreate":1619749045868,"gmtModify":1635507459184,"authorId":3575163551534398,"author":{"id":3575163551534398,"idStr":"3575163551534398","authorId":3575163551534398,"name":"MightyPooP","avatar":"https://static.tigerbbs.com/aec66d00ca2b1f2b75412008d93edd14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103364026,"type":1,"supId":0,"prevId":0,"content":"comment back <u>pls</u>","text":"comment back <u>pls</u>","html":"comment back <u>pls</u>"},{"id":4178566,"gmtCreate":1619749076755,"gmtModify":1635507458685,"authorId":3572482309404214,"author":{"id":3572482309404214,"idStr":"3572482309404214","authorId":3572482309404214,"name":"DericPiew","avatar":"https://static.tigerbbs.com/75ccf79ff136db80eba96ff2adb91032","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103364026,"type":1,"supId":4178561,"prevId":0,"content":"comment bak <u>pls</u>","text":"comment bak <u>pls</u>","html":"comment bak 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