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Bernstein analyst Toni Sacconaghi suggested that the current guidance implies a 15-20% unit decline in iPhone for 2Q16. $AAPL CEO Tim Cook said that iPhone unit sales will decline in 2Q16, but not to the 15-20% level. He also added that Q2 is a "toughest compare" and the current environment on a macro level is dramatically different.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.