
Closing Bell Overtime: Meta Drops on Q3 Results 10/26/22
Closing Bell
00:00
The Beat Doesn't Matter
We're going to be listening for iPhone sales. What is it? The projection there, if any, that they can give us. Apple is a very unique stock and Steve Weiss brought up a good point on half today. Unlike most hardware manufacturers, the cost of the actual phone, much of it is absorbed by the carrier. So Verizon, AT&T, T-Mobile, they take a lot of risk as we head into a recession. We've got tempered expectations for tomorrow. And don't be surprised if it gives us a little beat tomorrow.
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