Risk-On Back On?, Buy or Bail, and Tech-Tonic Shifts 2/2/23
The Exchange
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Apple Is a Growth Name With Software as a Service
The iPhone is with the profit center there on the hardware side. If that can keep up, things will look pretty good for Apple. Amazon warned last time it reported the fourth quarter revenue would come in below street expectations and recently announced those 18,000 job cuts could end up being its lowest revenue growth year since 1997. The profitable Amazon that we have known over the last few years, that is expected to go away at least in 2022.
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