meta_pixel
Tapesearch Logo
Log in
MarketFoolery

Apple Review, Groundhog Day Preview

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 1 February 2017

⏱️ 23 minutes

🧾️ Download transcript

Summary

Apple’s record quarter was noteworthy for iPhones sold, as well as strong growth in the Services segment. Motley Fool Funds analyst Bill Barker discusses what Apple should do with its ever-increasing pile of cash, as well as the latest earnings from Electronic Arts and Align Technology. Plus, we try not to panic over America’s bacon shortage and spend more time than we should talking about Groundhog Day.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Wednesday, February 1st.

0:03.0

Welcome to Market Foolery.

0:05.0

I'm Chris Hill joining me in studio today for Motley Full Funds, Bill Barker.

0:08.0

Happy February.

0:09.0

Thank you.

0:10.0

We've got some earnings to get to and tomorrow is Groundhog Day.

0:15.1

And if you're a long time listener, you know that that means there's, I'm going to say a 100% chance

0:21.0

that we're going to talk about Groundhog today.

0:22.6

But we'll do that later in the show after we get to the earnings.

0:25.8

We've got electronic arts, we've got a line technology, but we've got to start with the

0:30.7

behemus that just keeps getting bigger and that's Apple.

0:34.0

What a first quarter they put up.

0:36.0

A record 78.3 million iPhones that were sold.

0:40.0

They had record revenue in their Services Division, in their Mac Division, in their Applewatch

0:45.0

division.

0:46.8

And not surprisingly, the stock up, it was up 6% at one point this morning, hitting a new high. It was there anything bad in this quarter because it really doesn't seem like it?

0:59.0

I think you've told most of this story although it is somewhat surprising that it is up as much as it is because the guidance that it gave for next quarter was somewhat muted in compared to expectations prior to today's release.

1:18.0

So I think people, and this is not the typical behavior are looking at what's in the

1:25.9

bank and getting really impressed by that and looking at what is promised to come

1:30.8

and and weighing that a little bit less So I think that's the only thing. There's nothing in the quarter just passed that you can take issue with.

1:39.6

Yeah, an apple shareholder. Cash on the balance sheet is now, I believe.

1:44.8

All.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.