IMPOSSIBLE TRY NOT TO GET SCARED CHALLENGE
Not as spooky as feared, but ghosts remain: Heres what Wall Street is saying about Facebooks decelerating growth
'Not as spooky as feared, but ghosts remain': Here's what Wall Street is saying about Facebook's decelerating growth
Wedbush — A 'Houdini-like metrics move'
"Last night Apple delivered FY4Q (Sept.) results which beat the Street from a headline number but slightly missed iPhone unit shipments which was the focus of investors," the Wedbush analyst Daniel Ives wrote.
"However the quarter itself took a back seat to the modestly softer December guidance that Cook & Co. gave on the heels of its much anticipated XS/XR iPhone product cycle which remains the linchpin of the Apple story for FY19. That said, the 'jaw dropper' last night was when Apple announced it will stop providing units/ASPs for iPhones, Macs and its other product lines. The Street will find this a tough pill to swallow this morning as the transparency of the Cupertino story takes a major dent given that tracking iPhone units has become habitual to any investor that has closely followed the Apple story for the last decade+ and is critical to the thesis."
He added: "While last night's 'Houdini-like metrics move' was a stunner, our core bullish thesis on Apple remains unchanged despite the noise this morning.
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October 2019: Amazon announced Tuesday it would be raising its minimum wage to 15 an hour, which more than doubles where it was before. Sanders and Bezos publicly exchanged praise following the announcement, and the senator quickly shifted his focus toward worker pay at other companies
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