iPhone sales were great, so was net income!
A day after it reported almost $75 billion in quarterly revenues for three months ending December 31, 2015, Apple stock was down by 6.6 percent. Wall Street didn't like Apple's downward revision of its sales estimates for the first 90 days of 2016. Wall Street is never satisfied with Apple and trying to make the crazy trading alogrithims happy is like trying to reason with a drunken sailor: amusing for a while, but in the end you are going to get pissed on.
Cramer: We're valuing Apple with the wrong number
Good idea, but must be better than competitors like Netflix and Amazon, not to mention Showtime and HBO, so they will have to change their Disney Image with adult shows.
Apple looking to develop original shows as part of new video strategy
Report: Apple developed long range wireless charging tech or iOS devices
Innovation still undecided on Sharp rescue plans as Foxconn raises bid, tries to allay job fears
previously:
Apple acquires analytics startup LearnSprout to boost educational tech
It's incredible that both Adobe (Flash-Java) and Google (Java) have let this go on for so long, not to mention Oracle.
Oracle to phase out much-maligned Java browser plugin
Apple is held to a much higher standard than Samsung or anybody else for that matter.
Samsung warns of tough 2016 after 4Q profit sinks 40%
Samsung's net profit for the October-December period plunged 40 percent from a year earlier to 3.2 trillion won ($2.7 billion).
Apple to open its third store in Istanbul, Turkey later this year
Apple's third Turkish retail store to open in 2016, report says
He shot an Indian wedding on his iPhone. The results? Spectacular
Apple's profit didn't sink, it grew.
Samsung warns of tough 2016 after 4Q profit sinks
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