The Next Amazon May Already Be Here

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 5 May 2017

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Apple sells 50 million iPhones for the quarter. Facebook closes in on 2 billion subscribers. And MercadoLibre does its best Amazon impression. Plus, best-selling author and New York Times journalist Charles Duhigg talks American Express, Chase, and the battle to be your credit card. Thanks to Slack for supporting The Motley Fool. Learn more at slack.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Thanks to Slack for supporting this episode of Motley Fool Money, Slack is a messaging
0:03.9	app which brings together all your team's communications in one place, making work simpler
0:08.8	and more productive.
0:10.2	Slack, where work happens, find out why at Slack.com.
0:14.4	Everybody needs money.
0:20.3	That's why they call it money.
0:29.4	From Fool Global headquarters, this is Motley Fool Money.
0:32.6	It's the Motley Fool Money Radio show.
0:33.9	I'm Chris Hill and joining me in studio this week for a million dollar portfolio of Jason
0:37.2	Moser and Matt Argusinger and for Motley Fool Explorer Simon Erickson.
0:41.0	Good to see you as always, gentlemen.
0:42.0	Good to see you.
0:43.0	We've got the latest headlines from Wall Street, Pulitzer Prize winning reporter Charles
0:46.8	Duig is our guest and as always we'll give you an inside look at the stocks on our radar.
0:51.8	But we begin with the biggest public company getting even bigger.
0:55.9	Apple's second quarter profits rose more than 10%.
0:59.7	Revenue of just under $53 billion, Mattie and the stock hitting at all time high on Friday.
1:06.0	Yeah, the numbers are so big.
1:08.6	It's almost hard to kind of put them in context.
1:11.0	But this is still, I mean, this is the iPhone story.
1:13.9	iPhone which was 63% revenue, of course, Apple's most important product.
1:19.3	The same unit sales there fell 1% to 50.8 million, which is still again a massive number.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.