Locator: 49878MSFT.
Locator: 49878AAPL.
Microsoft (MSFT) and Apple (AAPL) today. Although, on the surface, the two outcomes looked completely different (one down 10%; the other up slightly), in fact, they were both similar -- analysts and investors have / had great concern with the guidance for each company.
I might try to explain this when I have more time over the weekend but it comes down to this:
- Microsoft is competing for capital;
- Apple is competing for chips (or more specifically, competing for fabs where chips are made).
Huge, huge, huge distinction.
