07-22-2015, 08:52 AM
Yeah...the market reaction has been insane. Google stock jumps up by $55-60B market cap on a mediocre beat and on promises of cost cut...The new CFO is already getting a lot of credit even though shes only been there for 3 months or so. I guess we'll see how she can turn things around.
Apple has an amazing quarter and investors are thinkign that the legs on iPhone are nearing its end. Reading through the earnings call transcript, Tim Cook has had to defend that theres still a lot of innovation left for iPhone. I would add to my Apple position if I had cash right now.
Apple has an amazing quarter and investors are thinkign that the legs on iPhone are nearing its end. Reading through the earnings call transcript, Tim Cook has had to defend that theres still a lot of innovation left for iPhone. I would add to my Apple position if I had cash right now.