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Tuesday, February 6, 2024

Apple Vision Pro And Cisco Webex -- February 6, 2024

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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