Apple’s Blowout Quarter
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 28 January 2021
⏱️ 19 minutes
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Summary
1st-quarter revenue for Apple crossed the $100 billion mark. Facebook’s 4th-quarter results took a back seat to Mark Zuckerberg’s comments about Apple. Tesla’s 4th-quarter revenue of nearly $11 billion was offset by lower-than-expected earnings. Tim Beyers analyzes those stories and weighs in on the hottest new soap opera “As The GameStop Turns”.
Transcript
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| 0:00.0 | It's Thursday January 28th. |
| 0:04.0 | Welcome to Mark Foolery. |
| 0:06.0 | I'm Chris Hill with me today, the one and only, Tim Byers. |
| 0:09.0 | Thanks for being here. |
| 0:10.0 | Thanks for having me, Chris. |
| 0:12.0 | We got a big day. We got Tesla, Facebook, and Apple. |
| 0:16.0 | But let's just spend a couple minutes on the story of the day, which is of course the story of the week and that is Game Stop, you know, as the Game Stop turns, the new soap opera, |
| 0:28.4 | early in the trading day the shares were up nearly 40 percent and as of this moment let's call it 1135 in the morning on the |
| 0:37.8 | East Coast shares of Game Stop down 60% this you and I were talking this morning and we could spend the next |
| 0:48.9 | 30 minutes talking about this, we're not going to, but this really is one of those real life it affects everyone in the sense that |
| 1:00.4 | it is the story that absolutely everyone is talking about in the stock market. |
| 1:04.5 | So in that regard it does affect all investors. |
| 1:08.4 | And the lesson here for everyone, unfortunately, if like you and me, you don't own shares of Game Stop and you're not |
| 1:15.2 | short it you hopefully let the lesson soak in the easy way which is please be careful out there. |
| 1:25.0 | Yes, I love that. |
| 1:28.0 | I love the Hill Street Blues call back there. |
| 1:31.0 | Please be, please be careful out there. |
| 1:34.1 | Absolutely. |
| 1:35.6 | The thing I want to reiterate here, Chris, |
| 1:39.1 | and you're right, we talked about this earlier. |
| 1:42.2 | I fear that there's going to be some investors out there or |
| 1:47.1 | traders and hopefully none of our members but I could see the temptation for this that you look at a stock that you own or could own. |
... |
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