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Jysin

Jysin

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14:05(US) Federal and State officials said to be investigating market manifupulation in banks - press

Bruce Willis Party GIF by IFC
 
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Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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Closed my SPY puts at 4 cents. Now I need AAPL to tank earnings after the bell so I can buy SPY on the cheap.
 
Jysin

Jysin

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Under the surface, not all roses.

- Gross margin 44.3% v 43.8% y/y (calculated)
- iPhone Rev $51.3B v $50.6B y/y v $50.3Be
- iPad Rev $6.67B v $7.65B y/y
- Mac Rev $7.2B v $10.4B y/y
- Services Rev $20.9B v $19.8B y/y
- Greater China Rev $17.8B v $18.3B y/y
 
Gravel

Gravel

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Jysin

Jysin

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On the call right now:

Apple CFO: Revenue is lower year over year.
 
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Gravel

Gravel

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They've revised down every single month for at least the last year, probably longer if I looked.

There's a reason everyone says they don't trust the numbers the government puts out.
 
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Sanrith Descartes

Sanrith Descartes

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Gravel said:
They've revised down every single month for at least the last year, probably longer if I looked.

There's a reason everyone says they don't trust the numbers the government puts out.
Click to expand...
 
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Blazin

Blazin

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Fun just to poo on everything govt but you do know the methodology used is fully available? The problem with govt bull shit is once people no longer trust the system they see BS everywhere and usually aren't concerned if they are correct or not, because fuck it all. Zero hedge feeds on these people by always trying to give them little nuggets of "here some bullshit" and pretend they are somehow more erudite and in the know.

I don't really care if people pass their time in this fashion, can just read completely fabricated tweet after tweet in the politics thread for brain melting fun but bringing this behavior to your financial life does not help you make money. I get being jaded, but the only way to make good financial choices is with a clear and open mind.
 
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Blazin

Blazin

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WHOLE SYSTEM IS MADE UP BULLSHIT! Proceeds to hang on every utterance and report on every piece of data that comes out. If you find a set of data to be useless then don't use it. Not fucking rocket science. But it moves markets! and Markets are too dump to see what I see forcing me to consume this bull shit data that has no value!
 
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Rangoth

Rangoth

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Blazin Blazin completely understand what you are saying but….

  1. Would we then assume the market is pricing in the expected revisions, knowing the numbers most likely are lower?
  2. would we expect movement when the revisions are made?
  3. does the constant revision down hide/reveal a more problematic overall economic issue That may not have presented itself yet?
 
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