With the stock down almost $20 from its highs of about a month ago it looks like an awful quarter and an awful outlook has already been priced into it. This was $118.50 no time ago and has dropped to these levels on no news. It would seem that anything less than awful ought to be really good news for the stock.
that it's not even a workable solution. It might as well be dial up service. It's awful. Have regretfully been a Comcast user for years and dread going through the hassle they give you if you try to drop them but I will not be a Comcast user for much longer.
Revenues will be up, future sales will be up, the dividend will be up, the buyback will be up, margins will be up, etc. This stock is already significantly undervalued. For it to drop with the overall market is a mistake. Time will tell.
It's not about that. Apple is trying to avoid paying ALL artists, writers, producers, etc for 90 day windows. Taylor Swift has plenty of money. She is just taking a stand against Apple to try to help those who don't have $100 million. The people who will get screwed by Apple are those who have one-hit wonders or struggling artists who are just starting to gain popularity.
USAToday has a decent article up on it that explains it all.
Apple is basically stealing content from artists, writers, and producers just because they are big enough that they can get away with it. It's wrong. Asking artists to go unpaid for 3 months is ridiculous. When a new artist has their first (and maybe only) hit song then it's very unlikely that it will even still be a hit 3 months later.
Apple is just stealing money from these people because they can - like they don't have enough money coming in already. The company needs to step up and do the right thing.