Does Apple Have an Illegal Monopoly on Services Revenue?
Apple (AAPL) takes 30% of add-on game revenue from video game developers, then blocks the game if they don’t pay up.
Apple (AAPL) takes 30% of add-on game revenue from video game developers, then blocks the game if they don’t pay up.
Lockheed Martin (LMT) delivered a strong quarter with 23% profit growth on 12% sales growth. With a 16 P/E, its a deal.
Visa (V) had a poor qtr as travel, entertainment, fuel and restaurants had spending decline more than 50% last qtr.
Sherwin-Williams (SHW) is getting a boost from do-it-yourselfers who are using their stay-at-home time to paint the house.
Microsoft (MSFT) just had qtrly profit growth slow from 37% to 23% and now 7%. That’s bad. Is this time to sell the stock?
Facebook (FB) could have another catalyst in its portfolio with the new Instagram Reels, which is similar to TikTok.
Johnson & Johnson (JNJ) has a pipeline of new drugs including a nasal spray for depression and COVID-19 vaccine candidate.
Last qtr, JP Morgan’s (JPM) numbers were good (outside of -45% profit growth) and the stock is set up well for 2021.
Pepsico (PEP) had a poor qtr as the Coronavirus hurt beverage sales convenience stores and gas stations.
Business consulting firm Accenture (ACN) is performing admirably in this environment as its New Digital offerings shine.
Adobe (ADBE) is having a slowdown in its advertising cloud due to COVID-19, which might slow ADBE’s profit growth.
It seems like Costco (COST) should have booming profits due to COVID-19, but profit growth was just 0% last qtr.