FMP
Jul 29, 2022 6:20 PM - Davit Kirakosyan
Apple Inc. (NASDAQ:AAPL) shares were trading more than 3% higher Friday afternoon following the company’s reported Q3 earnings results, with EPS coming in at $1.20, better than the Street estimate of $1.16. Revenue increased 2% year-over-year to $83 billion (Q3 record), compared to the Street estimate of $82.59 billion.
The company’s product segment, representing 76% of total revenue, was down 1% year-over-year. iPhone sales grew 3% year-over-year to $40.7 billion, beating the Street estimate of $38.6 billion. Mac was down 10% year-over-year on COVID-impacted primary supplier production loss in Shanghai. iPad sales were down 2% year-over-year on supply issues but sees strength in consumer, education, and enterprise.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...