Locator: 46747APPLE.
Before we get to Apple, Ford's earnings.
- beat on bottom and top lines; by quite a wide margin.
- EV unit lost money but ICE did incredibly well.
- should confirm the death knell for EVs. In the US.
- huge labor expense. Changing CAPEX.
- special dividend, 18 cents, in first quarter. In addition to regular quarterly.
- shares up seven to eight percent after hours, now trading above $12.
SNAP:
- EPS beat
- revenues miss
- shares fall 22%
- guidance weight on stock
- earnings guidance looks "messy"
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Now Apple
Link here. Link at Computerworld.
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