Market analysts were largely keeping their expectations for the tech giants high. Here's what five of them told CNBC about the reports:Joe Terranova, chief market strategist at Virtus Investment Partners, said he was most surprised by Facebook's strength, particularly after widespread"I think the surprise for Facebook … [was] the July boycott.
"Apple hasn't given guidance since the pandemic started, so, this is consistent with what they've done before. Second is the iPhone miss. We've talked about that it's because of the timing of iPhone 12, missing a couple weeks in the quarter, but we haven't really qualified what that impact is. And [CNBC's] Josh Lipton said something important in his interview with [Apple CEO] Tim Cook mentioning that the iPhone was growing in low single digits by mid-September.
"There's only so many users I think it can grow in a given quarter. It has … a more narrowly defined sort of user base and kind of a hierarchy of those users, right? So, I think the growth driver for Twitter going forward from my perspective was really monetization, not user growth.
"I think the fourth quarter is going to be incredibly challenging for Amazon, as the year has been, when you think about maximizing revenue and e-commerce to the extent that they're having challenges at their fulfillment centers as far as getting in products and out products as quickly as possible.
"Remember, Google has one of the biggest cash hoards ever. And so, we saw a little bit of buyback here. I think it was maybe about [$]8 billion. I'd like to see them do more, but this is really a validation. And remember, Google has much more exposure to the travel business, and obviously, travel business is not where you want to be right now, and so, I think that they're going to continue to see improvement. It should be higher. It's actually been surprisingly weak.
Analysts are lying through there teeth... When you're researching stocks when you putting your orders to buy and sell or trying to do the ... You're on a computer which is considered Tech. The future of the world belongs to Tech
The Long-Suffering of GOD is too precious and it should not be ABUSED because it will run out eventually. ExpressFridayVigil 회개와거룩함10.31.
FastMoney Analysts reports mean nothing on a day like today! If the OrangePlague loses it will stay like this. He is so sick that he broadcasts to his illiterate voters that he and his friends are manipulating the markets aka holding them hostage, and will continue to do so if he no win
FastMoney ExpressFridayVigil GOD'S Patience Comes out of the riches of HIS mercies, favour and Grace to mankind.
ewarren foaming at the bit...time for that juicy poison pill you censored the country for.
Stocks are lower. Pretty sure the average investor can see.
FastMoney Here are the numbers reported Apple $AAPL GAAP EPS of $0.73 beating by $0.03 Rev of $64.69B beating by $1.36B Facebook $FB GAAP EPS of $2.71 beating by $0.80 Rev of $21.47B beating by $1.67B Alphabet $GOOG GAAP EPS of $16.40 beating by $5.19 Rev of $46.17B beating by $3.33B
ExpressFridayVigil GOD'S Patience Comes out of the riches of HIS mercies, favour and Grace to mankind. 하나님의 인내심은 인간을 향한 그 분의 자비, 은총, 은혜의 풍성함으로부터 옵니다.
ExpressFridayVigil Whoever does not Enter the Kingdom Of GOD will not be considered as BLESSED. 천국에 들어가지 못한 사람은 누구도 복이 있다고 말할 수 없을 것입니다.
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