What’s the Latest News on Apple?
In fiscal 2016, AAPL reported net sales of $215.6 billion, which represents a YoY fall of 7.7%.
When Alphabet reports its 4Q16 earnings, the company’s autonomous vehicle unit will be one of the segments under the sharp focus of investors and analysts.
Wall Street is expecting Alphabet’s 4Q16 adjusted EPS (earnings per share) to reach $9.66 on revenue of $25.1 billion.
Of all the metrics Alphabet will report in its 4Q16 results on January 26, YouTube will be one of the business segments most closely watched by analysts.
Pandora (P) stock rose 10.4% in the last week ended January 20, 2017.
Shares of Qorvo (QRVO) rose 7.4% in the week ended January 20, 2017.
Netflix (NFLX) stock rose 7.3% in the week ended January 20, 2017.
Skyworks stock (SWKS) rose 15.5% in the week ended January 20, 2017.
Qualcomm stock (QCOM) fell 4.9% in the week ended January 20, 2017.
Advanced Micro Devices (AMD) stock fell 9.4% in the week ended January 20, 2017. Shares of the firm have fallen 14% since the start of 2017 after an incredible run last year.
On January 20, 2017, Netflix (NFLX) was trading 20.5% above its 100-day moving average.
Netflix (NFLX) had free cash flow of -$639.0 million in 4Q16 compared to $276.0 million in 4Q15.
In 2014, Netflix (NFLX) was involved in a dispute with Comcast and AT&T about slow Internet speeds spoiling the customer experience of Netflix subscribers.
In July 2016, Netflix (NFLX) and Comcast (CMCSA) entered into an agreement to provide Netflix on Comcast’s X1 set-top boxes.
Netflix (NFLX) intends to produce 1,000 hours of original programming and spend $6.0 billion on content in 2017.
In fiscal 4Q16, Netflix (NFLX) had international streaming revenues of $948.0 million. Its international contribution loss narrowed to $67.0 million.
Netflix (NFLX) had revenues of $1.4 billion in fiscal 4Q16 with a contribution profit of $536.0 million. It had a domestic contribution margin of 38.2%.
On January 20, 2017, Netflix (NFLX) stock was trading at $138.60. That was 6.6% above its 20-day moving average of $130.
Netflix (NFLX) announced its fiscal 4Q16 earnings on January 18, 2017. It had total streaming revenues of $2.4 billion, a 41.0% rise year-over-year.
As of January 19, 2017, the majority of analysts have recommended a “hold” on America Movil stock.