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Bloomberg Businessweek

Instant Reaction: Intel and Apple Earnings Results

Oct 31, 2024
Ed Ludlow, co-host of Bloomberg Technology, shares his insights on the recent earnings reports from Intel and Apple. Intel's stock soared after an optimistic revenue forecast, showcasing its efforts to regain market share against competitors. In contrast, Apple is facing disappointing sales in China, raising concerns despite meeting overall revenue expectations. The discussion touches on competitive pressures for Intel and the impact of consumer behavior on Apple, highlighting the evolving dynamics in the tech sector.
21:49

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Intel's improved fourth-quarter revenue forecast has instilled optimism about its potential to regain lost market share.
  • Apple's weaker-than-expected sales in China highlight ongoing concerns regarding its performance in a crucial market segment.

Deep dives

Retirement Timing and Investment Risks

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