4.8 • 972 Ratings
🗓️ 30 September 2022
⏱️ 18 minutes
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0:00.0 | This is a MACOS Ken. A very bad no good day for Apple. An Apple VP jokes his way out of a job and make it all better with |
0:16.8 | television. It is Friday the 30th of September 2022. I'm Ken Ray and this is news from Maco West Ken |
0:28.0 | brought to you by yours truly and sponsored by Trade Coffee. |
0:33.0 | Get $30 off your first order plus free shipping at drink trade.com slash Macawesscan. This show is also supported by people like you, patrons through |
0:48.8 | Patreon. Find out more and add your support at Patreon.com slash MacoS Cam. |
1:00.0 | They might have been a good day for Apple and shares of Apple. |
1:05.0 | Rosenblatt securities raised its price target on Apple. |
1:08.0 | Counterpoint Research said the Cupertino company was still running away with a huge chunk of global smartphone revenue and a much chunkier chunk of smartphone profits and a slate of release dates for Apple TV Plus series headed back to the streamer. |
1:24.2 | As days went, stood to be mellow, |
1:27.7 | with an underlying feeling of things are good. |
1:32.0 | Then, B. A. Anil analyst Wamsi Mohan wrecked the markets and an Apple exec |
1:37.1 | lost his job for being crass on Tik-Toc. Let's start with Mr Mohan. |
1:41.8 | Apple 3.0 ran part of a note he wrote wherein he cut his price target on Apple and lowered |
1:47.8 | his rating on the Cupertino company's shares. |
1:51.2 | Saying that Apple shares have been perceived as a relative safe haven to this point. |
1:56.2 | He had big butts and he could not lie. |
2:00.2 | Actually he had a however. |
2:01.3 | However, says his note, |
2:03.4 | it means but. However says his note, |
2:08.4 | we see risk to this outperformance over the next year |
2:11.7 | and we expect material negative estimate revisions driven |
2:15.9 | by weaker consumer demand, services already in slowdown, and we expect products to follow. |
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