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Viewsroom

Viewsroom: Apple versus Alphabet

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 2 May 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

Both Silicon Valley giants are looking for the next big thing after a slowdown in their main product – iPhone sales at Apple and online ads at Alphabet. Lower expectations mean Tim Cook’s outfit has more time to act. Plus: Activist Dan Loeb puts Sony back under the microscope. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Something unexpected has arrived in Happy Meal. Teenage Mutant Ninja Turtles and Hello Kitty and friends are teaming up for the ultimate collab.

0:08.0

Joining your little ones on a fun-fueled adventure. Some fun, some food, it's all inside this happy meal.

0:16.0

Until the 2nd of February from 11am includes one pre-selected book or toy whilst it's last.

0:20.0

This Breaking Views podcast is sponsored by Refinerative.

0:24.0

The views expressed on this podcast are those of the participants, not of Roiders' News.

0:33.9

You're listening to The Views Room, a weekly podcast from Reuters Breaking Views.

0:38.2

I'm Jennifer Sabah.

0:39.5

On the lineup for this edition, we're going to discuss which tech giant,

0:43.1

Apple or Alphabet, is in a better position.

0:45.6

And over in Asia, my colleagues are putting Japanese electronics conglomerate Sony

0:49.7

under the microscope now that Cage Rattler, Dan Logue, is back on the scene.

0:54.9

Two of the biggest companies just reported, Apple and Alphabet.

0:59.3

They are gigantic.

1:01.2

They're huge.

1:02.4

Everyone sort of looks at these companies, like they're fast-growing Silicon Valley behemoths.

1:08.3

And they both have similar problems, but there is also a lot that separates them.

1:13.4

And that's what we're going to get into today. And joining me in the studio is Rob Sarin. Welcome, Rob.

1:19.0

Hey, John. So let's start with Apple. Yesterday, they reported weaker iPhone sales. Revenue fell.

1:32.5

And yet, they seem to manage to pull it out of the hat and investors are super happy with them. Why don't you walk us through some of the details?

1:36.8

Okay. So it's one of these classic Wall Street cases where if people don't follow Wall Street

1:40.5

closely, stocks closely, they think, okay, so Apple, their sales fell but the stock went up, why is that? The answer is simple. Investors don't really expect much of Apple. Okay. Companies worth, it has a market cap of a trillion dollars right now. The thing is, they earn incredible amounts of money, and they have a lot of money on their books. I forgot the amount of, it's like $130. It's more than $100 billion.

2:02.6

Yeah, more than $100 billion.

...

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