Tech: SnApple - The Best Stuff on Earth?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 4 May 2018
⏱️ 28 minutes
🧾️ Download transcript
Summary
We run through the earnings releases of one of our favorite companies (Apple) and one of our favorite companies to follow (Snap). Can the young social media company turn it around? And what should investors expect from Apple going forward?
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Transcript
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| 0:00.0 | Managing your 401k is hard. |
| 0:01.7 | Bloom isn't. |
| 0:02.4 | See what you could be doing to make your 401k better |
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| 0:11.5 | com slash Fool. |
| 0:15.4 | Welcome to Industry Focus, podcast that dives into a different sector of the stock market every |
| 0:19.4 | day. |
| 0:20.4 | It's Friday, May 4th, and we're talking Snap and Apple Earnings. |
| 0:24.0 | I'm your host, Dool Lewis, and I'm joined on Skype by senior tech specialist, Evan New. |
| 0:28.0 | Evan, it's May 4th, and I guess as a tech show, we have an obligatory nod to May the 4th and I guess as a tech show we have an obligatory nod to May the 4th the Star Wars movement. |
| 0:37.8 | It is Star Wars Day. I'm not a huge Star Wars fan or you? |
| 0:42.0 | I'm kind of, I mean my wife is big into just because her name is |
| 0:45.6 | Leah and she was named in part because of Princess Leia from Star Wars so she has a special you know bond with Star Wars. Yeah we have a lot of other writers on |
| 0:56.4 | Fool.com that are that are far more into it namely Dan Klein so maybe maybe next year I'll have him on the show and we can do some kind of Star Wars Disney stuff. |
| 1:05.0 | But today we are going to be talking instead about one company that you and I both love and one company that we love to follow. |
| 1:12.0 | That is Apple and Snap. Why don't we start |
| 1:15.2 | out talking about Snap? The company released earnings earlier this week. |
| 1:18.5 | Revenue was 231 million Wall Street was expecting 245 million. Some disappointment there. That's |
| 1:27.0 | 54% year over year growth on the top line and of course on the bottom line the company lost money. |
| 1:32.1 | Not surprising given that they're in growth |
| 1:33.8 | mode the narrative with this company though has really been user focused I think |
... |
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