MarketFoolery: 01.28.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 28 January 2014
⏱️ 21 minutes
🧾️ Download transcript
Summary
Earnings from Apple and Ford sends their stocks in opposite directions. Plus we dip into the Fool mailbag and are completely unsurprised by the latest Bitcoin scandal.
Transcript
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| 0:00.0 | It's Tuesday, January 28th. |
| 0:04.1 | Welcome to Market Poolry. |
| 0:05.3 | I'm Chris Hill joining me in studio today |
| 0:07.1 | for Motley Full One, Jason Moser and for Motley Cool Funds, |
| 0:10.2 | Tim Hanson. |
| 0:11.1 | Thanks for being here, guys. |
| 0:12.2 | They 8th. We've got Ford. Tim Hanson. Thanks for being here guys. Hey 8. |
| 0:13.0 | We've got Ford Motor. |
| 0:16.0 | We've got Bitcoin in the news for fabulous reasons, |
| 0:18.0 | but no one could have ever anticipated. |
| 0:20.0 | And we will dip into the full mail bag, |
| 0:22.0 | but let's start with Apple. |
| 0:24.0 | 51 million iPhones sold in the quarter Tim. |
| 0:28.0 | New record. |
| 0:29.0 | Why is the stock down 7%? |
| 0:31.0 | 51 million iPhones are you kidding me? |
| 0:34.3 | It's a lot of iPhones, but it's only, I think, |
| 0:37.0 | five or six percent more iPhones than they sold last year. |
| 0:40.1 | And frankly, five or six percent growth isn't going to cut it |
| 0:45.1 | you know in terms of of meeting the market's expectations and you know on the |
| 0:49.8 | flip side the gross margin declined year over year and last year was a relatively |
| 0:54.2 | weak gross margin anyway and so that that's down so it's giving you know fodder to the |
... |
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