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5 Takeaways From an Eventful Tech Earnings Season Among other things, results revealed that quite a few firms are now facing a higher bar, and that reopenings have begun affecting consumer behavior in a number of ways.
May 08, 2021 | 07:30 AM EDT
As usual, the arrival of a few hundred tech earnings reports and calls during earnings season has put some big-picture themes into focus for the sector. Here are some of the ones that have particularly stood out to me.
1. The Bar Is Being Set Higher for a Lot of Tech Favorites
Apple s (AAPL) stock is trading slightly below where it stood before it posted a blowout earnings report one in which it disclosed 60%-plus iPhone, iPad and Mac growth on April 28. Likewise, Amazon.com (AMZN) is below where it stood before it trounced estimates on April 29 thanks to better-than-expected international, seller services and ad growth. And though Roku (ROKU) rose sharply on Friday after blowing past sales estimates and issuing strong gui
Microchip Technology Incorporated (NASDAQ:MCHP) - Microchip Technology Beats On Q4 Earnings Stemming From Strong Demand, Raises Quarterly Dividend
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