You may have noticed, especially if you own one, that tech stocks are down again. It’s why Captain Hoff is holding onto more of his US$1.7 billion than usual. Should you do the same?
Net sales were up more than 15% for the year. Earnings before interest and taxes rose a similar amount. And net profits were up more than 23%. Sounds like a pretty good result to me.
Now I’m not the first to tell you about this. If you’ve paid any attention to any news source in the last month, this won’t be an awakening for you. You should have, and should buy the current tech dip..
Almost immediately, Amazon.com, Inc. [NASDAQ:AMZN] and Apple came out to bash the story. What’s the real reason both tech giants want this whole thing to go away…?
One way this will change is through the tools we use online. Take for instance your web browser. You probably use Chrome. It is the most widely used web browser on earth.
The index, which represents the top 30 most valuable in the US, hit its 24th record high for the year in trading yesterday. Though it was only a small 0.1% increase that inched its way to this achievement.
Why…
In today’s video update Kris looks at Apple’s revenue and earnings, and how 2016 could be the first year that it sees an annual drop in revenue since 2001…