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Wall Street Responds To Apple's Blowout Earnings


by Tyler Durden
Thursday, Apr 29, 2021 - 07:14 AM
Apple analysts were impressed by the latest solid quarter as the company reported growing revenue and record Mac and iPhone demand, despite flagging semiconductor shortage concerns. Goldman upgraded the stock to neutral from sell, while others bumped up their price targets and said they expect that strength will continue, despite some supply constraint concerns. The shares gained 3% in U.S. premarket trading, while some global suppliers also rose.
Goldman Sachs says that its original view that the iPhone cycle would disappoint because of Covid-19 was wrong; revises its estimates to reflect the beat and moves June revenue projection closer to consensus ....

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NXP Semiconductors N.V. (NXPI) Q1 2021 Earnings Call Transcript


NXP Semiconductors N.V. (NXPI) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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NXP Semiconductors N.V. (NASDAQ: NXPI)
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Operator
Good day, and welcome to the Q1 2021 NXP Semiconductors Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
I would now like to turn the conference over to your host, Mr. Jeff Palmer from NXP.SPONSORED:
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