

Apple, Amazon, and 2 New All-Time Highs
9 snips Oct 28, 2022
Jason Moser and Matt Argersinger, both Senior Analysts at Motley Fool, dive deep into the latest tech earnings, highlighting Apple's diverse business strengths amidst iPhone revenue concerns. They also discuss Amazon's slowing AWS growth and Meta's recent struggles. Other topics include Ford's strategic shift toward electric vehicles, impressive profits from ExxonMobil, and innovative growth plans from Chipotle. The duo even lightens the mood with a fun debate on Halloween candy while sharing insights on promising stocks like SiTime Corp. and Lennox International.
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Apple's Resilient Performance
- Apple's Q4 results were respectable, demonstrating resilience despite economic challenges.
- Despite slightly lower iPhone revenue and service growth, their large paid subscriptions indicate potential for future price adjustments.
Matt's Amazon Stock Regret
- Matt Argersinger shared his experience of regret after selling Amazon shares in July 2020.
- He highlighted AWS's slowing growth and lowered holiday quarter guidance as reasons for Amazon's recent stock decline.
Meta's Metaverse Gamble
- Meta's stock plummeted due to heavy investment in the Metaverse, which is currently an unclear concept.
- Despite challenges with ad revenue decline and increased expenses, their large user base offers long-term potential.