Tech: Facebook Gets Friendlier, Apple Sells Phones
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 2 February 2018
⏱️ 32 minutes
🧾️ Download transcript
Summary
Two big tech names reported this week -- should investors be worried about Facebook's friendlier new stance and Apple's iPhone unit sales declines?
Transcript
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| 0:00.0 | This episode of Industry Focus is brought to you by ERO. |
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| 0:25.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:31.0 | It's Friday, February 2nd, and we are talking big tech earnings, |
| 0:35.2 | Facebook and Apple. I'm your host, Tillen Lewis, and I'm joined on Google Hangouts by |
| 0:39.5 | Senior Tech Specialist Evan New. Evan, what's going on? |
| 0:44.0 | I'm ready for the weekend. |
| 0:45.0 | It's been a busy couple of days with these earnings releases. |
| 0:47.6 | Yeah, you know, it's a good thing that you are out on the West Coast |
| 0:50.4 | because you kind of have a little coverage benefit with these after our earnings releases. |
| 0:56.4 | Yeah I'm still working usually when they come out unlike you guys were you go home at 5 o'clock. |
| 1:01.5 | Yeah well you know we have to put in over. Yeah well you know we have to put in over tech companies you know we have to put an overtime over here if we if we want to stay up to date on what's going on with the tech earnings news. Meanwhile this is just a standard work day for you. Yeah more or less. Well why don't we talk about |
| 1:14.2 | what happened with Facebook first. It seemed like a pretty good quarter for the |
| 1:19.2 | top line and at a quick glance the the stocks seem to disappoint, |
| 1:23.8 | but there's a lot to unpack with what happened |
| 1:25.6 | with their income this year. |
| 1:28.6 | Yeah, I mean, the top line looks great. |
| 1:30.4 | Total revenue is up 47%, |
| 1:32.1 | which is crazy that a company of the size is still putting up growth rates |
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