Earning Suck … Unless You’re Apple
|| By FITSNEWS || It’s “earnings season,” a.k.a. the time of year when companies rYou must Subscribe or log in to read the rest of this content.
|| By FITSNEWS || It’s “earnings season,” a.k.a. the time of year when companies rYou must Subscribe or log in to read the rest of this content.
12 comments
Where are you getting your stats that earnings are not good? So far 72% of companies who have reported have beat the estimates while 19% have missed and 9% have met. So I assume you are just looking at the big banks and a couple of Multi nationals who have horrible management? Just wondering how you came up with that statement.
Every news site has an article on it. Maybe you can find your answer there.
I know people have been disappointed, but it is only on a few companies. So far, of the 33% that have reported, have 72% have beaten their numbers. Just an FYI.
You can actually list some good ones – Apple, AT&T, American Airlines, US Steel, NUCOR steel, Boeing (oh my). Yeah, back to WCRP Crapville message again.
Is Apple using union labor to produce their products?
If robots can join a union, yes they are then.
Outsourcing is wonderful, isn’t it?
That damn 1%.
Ever read about Steve Jobs changing designs at the last minute and the crap that the factory “workers” went though to make deadlines? Started with the very first iphone and then morphed in to a regular thing with all the products. Reports say the “workers” were pulling 20 hr shifts for 3 hots and a cot for payment.
Exactly. But Apple earnings on their 90% profit margin utilizing slave labor is GOOD, but Oil companies having earnings on their 3% margin while paying the highest wages of any company is bad.
Earning Suck? How ’bout “Spelling Suck?”
Seems a little gloom-and-doom to me (very ZeroHedge-esque), since corporate earnings this year have actually been OK. Not a standard recovery, to be sure, but pretty good.
Of recent interest: Apple is proposing to build a huge “command center” in Arizona.
Scuttlebutt is that Apple and Apple employees are just plain tired of paying the freight of high g’ment overhead in Taxifornia, although the Apple rank and file generally vote liberal, democrat. … Most techies and high tech Silicon Valley employees can easily grasp the simple mathematics of the taxsuckers … there is no “common core” math taught in Palo Alto schools.