Apple Reports Fourth Quarter Results
Numbers:- Q4 wearables of $9.6B, beats est byu close to $1B- Q4 Services Rev fo $19.2B short of Est by $800M- Q4 iphone Rev of $42.6B meets Est- Q4 ipad Rev of $7.2B, short of Est by $600M- Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY- Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;)- China Rev of $15.5B, this is interesting, AAPL clearly has alot of China exposure in a time when that can go away in an instant.- declared a cash div of $0.23/shareInteresting:- AAPL hiking prices on Apple One, up $2,  Music up $1/month, TV up $2,- they generated over $24B in cash- they returned $29B to investors this quarter, wow, them and MSFT and cash flow machines, maybe the only two tech companies you want to hodl right now- they have only spent $300M on acquisitions this year, that doesn't seem like alot.Watch for:- lots of currency exposure in this company, does the USD strength help or hurt them, or are they really good at hedging currency risk?- AAPLE has $23B in cash, down 1/3 from this time last year.  Mostly given back to investors.  Probably nothing to worry about here:)- $3 trillion in market cap has been lost in the past year among 7 of the biggest stocks. $GOOG $MSFT $META $AMZN $TSLA $NFLX $AAPL( from twitter)- from bloomberg, Maestri said Apple will likely see 10 percentage points of currency impact in the first quarter.That is alot, and a significant headwind.
That could be an entire paypal worth of currency dragGuidance provided by AAPL- revenue growth will decrease going into Q1- mac revenue to decline substantially