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On October 29, $Apple (AAPL.US)$ announced its latest quarterly earnings after hours. The overall Q4 performance was slightly better than previously expected. The report showed promising development in many sectors of Apple's business.
The sales of Mac and Services hit record new high. Mac sales were $9 billion, a significant up of 29%. And the Services revenue was $14.5 billion, which was 16.3% higher. Due to the lack of iPhone 12, the sales of the iPhone in this quarter dropped by 20%.
It seems that the market was not satisfied with the Q4 report. The stock closed high at 115.32 today. But in after-hours trading, right after the earnings were released, the price dipped more than 5%. Some analysts suggest it is a golden opportunity to buy-in....
The sales of Mac and Services hit record new high. Mac sales were $9 billion, a significant up of 29%. And the Services revenue was $14.5 billion, which was 16.3% higher. Due to the lack of iPhone 12, the sales of the iPhone in this quarter dropped by 20%.
It seems that the market was not satisfied with the Q4 report. The stock closed high at 115.32 today. But in after-hours trading, right after the earnings were released, the price dipped more than 5%. Some analysts suggest it is a golden opportunity to buy-in....
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Constant fluctuations are the sign of the beginning of a reverse trend. The downward fluctuations on the uptrend index always shows the change in the sentiments of the traders. These changes might be caused by many reasons. Moat important can be the correction(or sell-off) caused by the long position holders(organizations or firms). These are the holders which can own around 50% of company's stock. For example currently, the institutional holding of tesla stock is around 43.22%(might have changed in this quarter).
These long term investors can invest in the stock for as long as 10-20 years. Depending on the circumstances. However during the peak or the reverse tre...
These long term investors can invest in the stock for as long as 10-20 years. Depending on the circumstances. However during the peak or the reverse tre...
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