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Bloomberg Tech

Tech Stock Headwinds and Apple's Shipment Drop

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 10 April 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down what kinds of headwinds tech stocks are facing as we head into earnings season. Plus, Apple sees a 40% drop in shipments as the PC industry grapples with unsold inventory.

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edla Loa. I'm Caroline Hyde at Bloomberg's world's headquarters in New York.

0:57.0

And I'm Edlard Low in San Francisco, this is Bloomberg Technology.

1:01.0

Coming up, tech stocks facing head wins as we head into earning season.

1:04.6

We'll discuss why the sector's 20% rally may be disconnected from reality.

1:09.2

Plus a plunge in PC shipments Apple, seeing a 40% drop in shipments as the industry grapples with

1:15.7

unsold inventory. We'll bring you the details next.

1:18.4

Our venture capital firm, Eclipse raises $1.2 billion for two new funds, both dedicated to backing startups trying to modernize physical industries.

1:27.0

We'll have an exclusive conversation with fanning partner, Nior Susan.

1:31.0

But first, let's check in on these publicly traded markets at the moment and

1:34.4

interesting that we've had a little bit of a flip reverse I think we just want to

1:37.8

go back to the broader markets and I seem to be jumping the gun and being trying to

1:40.9

tell everyone your micro moves.

1:42.6

It is a lot about chips.

1:43.7

We are seeing a focus on the sales that are happening at the moment in terms of

1:48.0

PCs, what that means also for the flood of infantry and chips.

1:51.7

But let's just moving on to what's happening

...

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