Short apple for earnings, Beat EPS and miss revenue target
Short apple for earnings, Beat EPS and miss revenue target. I have been following big Tech earnings for past 3 yrs. Apple has missed revenue previously in Q3 in 2016. They raised EPS and revenue guidance last Q. Global economy is peaking, so Sales will miss. Alot of companies reporting this Q saying tariff issues could cause problems for 2019. 5% move based on options would put it around $205 on a miss.
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