Advance Placement: Apple's Plan to Takeover Banking
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 18 May 2023
⏱️ 15 minutes
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Summary
In this Advance Placement we discuss Apple beating earnings and what this means for the Stock Market.
#earnyourleisure #apple #iPhone
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Transcript
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| 0:00.0 | Apple has beat earnings last week. |
| 0:02.4 | Yes. |
| 0:03.4 | What does it mean for the stock market overall? |
| 0:07.6 | And what does it mean for the economy? |
| 0:10.0 | I'm sure Tim Cook's primary, but everyone looks at me. |
| 0:12.6 | I'm sorry. |
| 0:13.8 | It's primary. |
| 0:14.8 | It's real. |
| 0:16.1 | Shows the Tim Cook and everyone to Apple. |
| 0:18.7 | Revenue was at 94.8 billion versus 92.6, which was expected. |
| 0:23.3 | Yes. |
| 0:23.8 | And then iPhone was at 51.3 billion versus 48.9. |
| 0:27.5 | Now they adjusted God and some revenue because we're in the software economy. |
| 0:30.8 | I get that. |
| 0:31.8 | Yes. |
| 0:32.8 | But it goes to like, I mean, just on revenue alone, they made 94.8 billion. |
| 0:37.1 | So if you're looking, should I invest Apple versus another company, you have to invest |
| 0:43.4 | in the companies that are making the most cash. |
| 0:45.5 | So right now, whoever has the most revenue, she being your consideration for what's in |
| 0:50.2 | your portfolio. |
| 0:51.4 | So even there on the iPhone, so they did 51.3 billion in a quarter, which is bigger than |
| 0:57.7 | most companies will do in a year. |
... |
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