MarketFoolery: 01.24.2013

MarketFoolery

The Motley Fool

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4.7 • 1.7K Ratings

🗓️ 24 January 2013

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Netflix soars on better-than-expected earnings. Apple plunges on disappointing earnings. And Nokia suspends its dividend.

Transcript

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0:00.0	It's Thursday, January 24th.
0:04.0	Welcome to Market Fullry.
0:05.0	I'm Chris Hill joining me in studio today
0:07.0	from Motley Fool 1, Jason Moser,
0:09.0	and from Motley Fool Hidden Gems,
0:11.0	Chief Investment Officer here at the Motley Fool, Andy Cross.
0:13.4	Happy Thursday guys.
0:14.4	Howdy.
0:15.4	Hi.
0:16.4	Earnings Palusa rolls on and this is an all-technology show.
0:20.7	So for our dozens of listeners, you know, if you're not interested, just go ahead and skip to the next podcast.
0:26.3	I keep thinking we have more than a dozen.
0:28.0	You never know.
0:30.0	So we're going to talk Netflix, we're going to talk Nokia, but we're going to start with the big gorilla, and that is of course Apple.
0:36.0	I think it is fair to say that most companies in the public market would kill for the big number in Apple's first quarter and that is a quarterly profit
0:45.8	of over 13 billion dollars.
0:49.2	They sold 28% more iPhones, 48% more iPads, and yet Andy
0:54.4	Shares are down more than 10 percent this morning
0:56.9	Stocks at its lowest point in almost two years. Yeah 13 billion sounds like a lot of money. I've never held 13 billion dollars.
1:04.3	It sounds like a lot.
1:05.4	I bet it's heavy.
1:06.2	Yeah, it must be heavy.
	...

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