1060 days ago
It the end, the product dictates revenue. And AirPods are a very successful product. While they could seem like a minor revenue for Apple, their revenue beats that of companies like Adobe, Nvidia, Uber and Spotify. Will they take on Netflix and Tesla this year?
1060 days ago
By exploiting their deep ties with millions of users, tech companies have managed to extend their reach deeper into some of the services delivered on their platforms. Apple's move into services, for example, lifted its gross profit margin by 42%, compared to the usual 38% it shows.
1060 days ago
According to Goldman it's not the topline growth that is the most distinguishing aspect of the FAAMG business models, but the amount and share of operating cash flow they devote to driving growth. During 2020, the five FAAMG stocks, spent $128 billion in R&D and another $104 billion on capex, accounting for 22% of the S&P 500 total. FAAMG posted a growth investment ratio of 64% over the last three years vs. 11% for the typical stock. As Goldman puts it, "they are investing their way to superior growth."
1060 days ago
Jefferies forecasts India’s economy will grow 10.2% in the year through March 2022, down 3 percentage points from its initial outlook. The figure already must be taken with a grain of salt given the contraction in the year-ago period. Any slowdown could weigh on corporate earnings. Analysts have started to cut price targets for stocks of some of the biggest banks and automobile giants.
1062 days ago
Source: JP Morgan
