On the eve of its Q4 2020 earnings report, Apple's shares have fallen to the depths where the bears hang out.
Apple doesn't sell you to advertisers. But it collects $8-$12 billion a year from Google, which does.
Apple reports today
5 years ago
5 years agoYou'd never know it from this chart.
Apple gave Wall Street no guidance last quarter, so the analysts' best guesses are the best we have.
That's a post-COVID record, says analyst Katy Huberty.
Read More In the teeth of the pandemic, Apple has opened 95% of its retail stores
From The Information's "Top European Regulator Warns Against ‘Breaking Up’ Big Tech" posted Tuesday.
Read More Tax Apple, says Margaret Vestager, don't carve it up
From the Financial Times' "Apple develops alternative to Google search" posted overnight.
Read More FT: With Google's payments at risk, Apple is building its own search engine
From The Hollywood Reporter's "Jon Stewart Returns With Current Affairs Series for Apple (Exclusive)" posted Tuesday
Read More Apple TV+ has given Jon Stewart a one-hour show. Color me wary.
Premarket: Apple is red
5 years ago
5 years agoFrom The Street's "Dow Futures Plunge as Coronavirus Infection Surge Spooks Markets: Boeing and GE Earnings in Focus" posted early Wednesday:
London-based analyst Ianjit Bhatti, taking over Apple coverage from James Cordwell, flicks the switch from Sell to Buy.
Read More Atlantic Equities catapults Apple target $54 to $150
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