Apple announced Q4 results and plan to enter the video streaming market

Innovation distinguishes between a leader and a follower.”

-Steve Jobs

Summary

  • Apple announced strong Q4 results, nevertheless the stock declines
  • Outlook on Future Sales and Profits look promising
  • Apple is launching a new streaming service and are facing high competition
  • Risky investment environment around the world
  • Bullish I Know First Algorithm Long Term Forecast

Q4 results and the reason for the latest stock decline of Apple

The decline of the Apple stock, when they reported their resutls was surprising as the company reported strong earnings and exceeded analysts’ estimation. Reasons for the major setback are as follows: lower revenues in the next quarter expected and major changes in the reporting structure.

Another reason might be, that latest iPhone is not fulfilling its expectations. According to KeyBanc Capital Markets Analyst John Vinh, iPhone XR inventory is piling

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This article was written by Grant Goldstein, a Financial Analyst at I Know First

   

Highlights:

  • Q1 Expenses Worry Stockholders
  • Google's Upcoming Product Line
  • GOOGL Bullish Forecast
I Know First.  

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