Apple execs have been giving out huge raises to virtually every employee the last few months. I suppose to justify their own increases. They have also become even more wasteful with perks. This, coupled with the sales drop, is likely to increase the size of the earnings miss dramatically. I think the miss will be pretty bad. I don't think the street has priced in the MAGNITUDE of the miss.
Everybody seems to have forgotten that all these things are coming. Big time
No, the will announce on weekend to prevent market disruption
Count on it
They are just kids with enough money to buy 1 put, so just put them on ignore and be glad they are not your kids.
Over the years I have heard a lot of useful tidbits in the Ravel Room -- especially about QCOM -- but I think they might know what AAPL chip needs are. I have no idea if the 26M makes any sense. Just reporting from the Ravel Room
Bear in mind that the value of the STARZ portfolio which they imagined they had when they played hardball with NFLX has diminished by aobut 40 per cent and there are no bidders at the price NFLX was offering. A deal is not out of the question.
The word around the Ravel Room is that NFLX has lost 1.35 million subs, and that 2.1 million have reduced their service level. But with the increased rates being paid by remaining subs, the quarter will be much better than most expect. I have gotten long at 105 with a stop at 98,
Nobody but shorts on this board, but they should read this to save a few bucks. Actually, they are not really shorts because they don't have enough money to short. All they can do is buy a put or two. The word from the Ravel Room is that it is turning out that very few are canceling their combination NFLX subscription and it looks like earnings will be up 22-25% this quarter. This is a great chance to buy some at a bargain price for the run back toward 300 and beyond. I strongly recommend you dump those puts while they are worth at least a little something. Remember, the Ravel Room rarely has incorrect information.