FBI vs. Apple
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 February 2016
⏱️ 27 minutes
🧾️ Download transcript
Summary
Wal-Mart’s 4th quarter results are uninspiring. Cabela’s may or may not be up for sale. And Nestle is probably bigger than you think. Plus we discuss Apple’s standoff with the FBI.
Transcript
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| 0:00.0 | It's Thursday, February 18th. |
| 0:03.7 | Welcome to Mark Fullery. |
| 0:04.9 | I'm Chris Hill joining me in studio today for Motley Full Funds, Bill Barker. |
| 0:08.6 | Happy Thursday. |
| 0:09.8 | Thank you. |
| 0:10.4 | Thanks for being here. |
| 0:11.4 | Good to be here. We've got some earnings. |
| 0:15.0 | We've got, we're going to kick around what is probably topic A in, certainly in the business |
| 0:21.8 | world and maybe even outpacing the presidential primaries and that is |
| 0:28.0 | Apple and the FBI. |
| 0:29.8 | But let's start with Walmart. Fourth quarter profits came in higher than expected. Revenue was light and |
| 0:39.4 | Walmart's struggling. And it seems like they're struggling on several fronts. |
| 0:44.0 | They are struggling on several fronts. |
| 0:47.0 | They're a huge company that is trying to be competitive at, you know, sort of the dollars, they were trying to be competitive, the |
| 0:57.1 | dollar store kind of idea and they're trying to be competitive online and they're trying to be competitive with |
| 1:05.0 | Costco and they're becoming more of a runner-up in a lot of different categories |
| 1:10.8 | and they're trying to be competitive with greater |
| 1:15.7 | international operations and due to currency issues that's not helping them out too |
| 1:22.0 | much either and they've just got a lot of balls in the air and they're not they're not winning any of these things at the moment. |
| 1:28.0 | And you look at their own... You will have they for a long time at this point. |
| 1:32.0 | Yeah, and there there was a point... You look at their own, you won't have they for a long time at this point. |
| 1:32.8 | Yeah, and there was a point a couple of years ago where at least on a percentage basis they could |
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