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Mon money. Facebook, amazon, netflix, google. Right now, even on a nothing day, where the dow is inching up 13 points. S th nasdaq i see a lot more ways to win than lose. The Winning Companies are a lot smaller and harder to understand. The losers are as plain as the nose on my face. Elephant in the room, apple. Heres a company that reported an okay number. Decent highlights. Its the Worlds Largest company, so we care. Quite Excellent Service revenue stream, well be talking about for a long time. Ipad pro numbers, i like that, it was terrific. That said, apples now dealing from a hangover. Kind of what you could describe as massive proportions. Strong sales last year. The hangovers extended to the once redhot asian market. In some ways, even apple misjudged how truly strong its cell phone sales were. Its hitting a ....
The top and bottom line. Were at the afterhours session low. By the way, 38 billion in lost market cap in the afterhours session alone. The First Quarterly revenue drop in 11 years. The company did say it would raise its dividend return 50 billion more to shareholders. But investors didnt care about that. They dont care about that right now. Lets get to josh lipton, who just spoke to the ceo, tim cook. It was down 16 . I did just talk to ceo tim cook. Pressure points that number, he talked about tough comps. The iphone 6 was a blockbuster. A year ago, apple shipped 61 million iphones. He talked about the Macro Economic weakness and headwinds. The key question for investors is where is the iphone franchise heading from here. Cook sounding very confident and very upbeat. Hes still bullish on this franchise. He talked about new markets to india. A small market share there relativ ....