Welcome to Industry Focus, a podcast that dives into a different sector of the stock market every day.

It is Friday, February 1st. We've got fresh earnings releases from Apple and Facebook.

I'm your host, Dylan Dylan Lewis and I've got

Fool dot com tech specialist Evan New on Skype. Evan what is going on?

Tired man it's a busy week like I said last week earning season there's no sleep for you

during earning season you got to keep up to date and what's going on with all these

companies you know someone's got to do it it's a tough job and we appreciate that you do it

for us Evan. We had a lot of big companies this week we can only cover so much though.

We can only cover so much we are gonna spend today's show talking about Apple

and Facebook two businesses that we frankly spend a lot of time on,

and I'm wary of over covering them because, you know, they're very popular, they're very widely

reported on.

I look at both of the earnings that we're going to discuss today

though and say you know these are companies that are at kind of critical

crossroads. For Apple it's a change in how they're actually doing some of their

reporting and I think this is the first

time we're getting a glimpse at that. For Facebook it's a business that has some

serious risks to address and I think for those reasons even though we talk

about them quite a bit it's worth diving into these releases

Evan. Yeah I think that both companies are definitely facing their own respective

challenges in different ways and I mean it's not often you hear about Apple facing these

iPhone, but that's exactly what's happening.

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