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Why Apple Stock Dropped Today – Motley Fool

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What happened

Shares of Apple (NASDAQ:AAPL) fell 5.6% on Friday after the tech behemoth’s fourth-quarter results disappointed investors.

So what

Despite the challenges of operating its global supply chain during the coronavirus pandemic, as well as the closure of many of its retail stores, Apple was able to eke out a 1% gain in revenue. The $64.7 billion in sales it generated was slightly above Wall Street’s expectations of $63.7 billion. 

The small gain was driven in part by strong sales of iPads and Macs, which appear to have benefited from more people working and learning from home during the COVID-19 crisis. Solid growth in Apple’s services and wearables businesses also contributed to its modest sales increase. 

Investors decided to take profits in Apple’s stock following its Q4 results. Image source: Getty Images.

iPhone sales, however, declined by 20.7% to $26.4 billion ahead of the launch of Apple’s new 5G-enabled devices. Analysts had expected iPhone sales of $27.9 billion.  

Now what

Despite the shortfall, investors have reason to be optimistic about the iPhone’s future revenue- and profit-generating prospects. Apple’s new model should benefit from the excitement surrounding the rollout of new 5G wireless networks and the blazingly fast wireless internet speeds they can deliver.

CEO Tim Cook said during a conference call with analysts that the initial data points for the iPhone 12 suggest that the product is “off to a great start.” If Apple can sustain that momentum, its stock price could rebound sharply in the quarters ahead.

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Amazon says 2020 holiday shopping season is its biggest yet – CNET

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Amazon says this holiday season is breaking records. 


Angela Lang/CNET

In a year that’s been anything but ordinary, Amazon on Tuesday said it still managed to have its “biggest holiday season to date,” though the company didn’t share overall numbers to demonstrate just how big it was. 

Amazon said in a blog post that independent businesses selling on the platform are “seeing record demand from customers so far this holiday season in the U.S. and around the world.” These businesses surpassed $4.8 billion in global sales from Black Friday to Cyber Monday, an increase of more than 60% compared with last year, Amazon said.

The e-commerce giant offered a slew of deals for the holiday shopping season, on everything from TVs to streaming devices to smartwatches (and some of the deals are still available). Amazon said a record number of customers have been shopping early and supporting small- and medium-size businesses. Amazon’s new Echo Dot has been a top seller, the company said, as well as its Fire TV Stick 4K with Alexa Voice Remote and SharkNinja’s Shark IQ Robot Self-Empty Robotic Vacuum, among other items.

See also: CNET’s 2020 Holiday Gift Guide

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Best 75-inch TV for 2020: TCL, Samsung, LG and Sony compared – CNET

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While a 65-inch TV remains an ever-popular size, if you feel like you’re ready for an upgrade, the most common next step is to check out 75-inch models. It’s a size available in a lot of the best TV series we review at CNET — even those fancy OLED TVs (technically they’re 77 inches, but they’re still included on this list).

If you’re choosing between an excellent 65-inch model or a 75-inch set that performs a bit worse, but has a comparable cost — don’t be afraid to go big! More than a slight increase in color accuracy, image quality, viewing angle or any smart functionality, stepping up in TV screen size is the best use of your money. I’m not advising you to get a 75-inch TV that doesn’t perform well enough to satisfy you, however. That’s where the reviews come in: to help you decide just how much money to spend.

The list below represents the best TVs I’ve reviewed in CNET’s test lab, where I compare them side by side to see which is most worth buying. In 2020, my TV lab is my basement, and as usual, I’ve actually reviewed the 65-inch sizes in the series listed below. That said, the 75-inch versions are basically identical beyond screen size. 

Here are my latest recommendations, which I update as I review new TVs, with the following notes to keep in mind.

David Katzmaier/CNET

No TV I’ve ever tested offers this much picture quality for this little cash. The 2020 TCL 6-Series has even better image quality than its predecessor, thanks to mini-LED tech and well-implemented full-array local dimming that helps it run circles around just about any other TV at this price. It’s also a solid choice for gamers with a new THX mode that combines low input lag and high contrast. As if that’s not enough, the Roku TV operating system is our hands-down favorite.

Read our TCL 6-Series (75R635) review.


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David Katzmaier/CNET

What’s that you say? You just want the best TV in this size class, money no object? Here you go. In my side-by-side tests, the 2020 LG CX is the best TV I’ve ever reviewed, barely beating its 2019 predecessor. OLED TVs don’t come in a 75-inch size, so this 77-inch model is the closest equivalent.

Read our LG OLEDCXP series (OLED77CXPUA) review.

Sarah Tew/CNET

Splitting the difference between the two models above in price and picture quality, his TCL features Mini-LED, a technology that isn’t found on any other TV currently available. The result is superb picture quality that outdoes any other LCD-based TV we’ve tested, although it doesn’t quite hit OLED levels. And just like the 6-Series above, it uses the Roku smart TV system.

Read our TCL 8-Series (75Q825) review.

David Katzmaier/CNET

Samsung sells more TVs than anyone and our favorite for 2020 is the Q80T series. Its sleek design stands out compared to the other TVs on this list — although the ultra-thin LG CX OLED is even sleeker — and it also offers excellent image quality, next-gen gaming connectivity and a great smart TV system. The TVs above are superior values but if you want a Samsung anyway, this is a great choice.

Read our Samsung Q80T series (2020) review.

Sarah Tew/CNET

Roku is our favorite platform for streaming apps like Netflix, and it’s even better baked into this 75-inch TV. Image quality on this TCL can’t beat any of the models above — its 4K UHD screen resolution and HDR compatibility don’t do anything to help the picture — but it’s perfectly fine for most people, especially at this price.

Read our TCL 4-Series (75S425) review.

Other stuff to know about buying a new TV

I’m pretty sure you’d be happy with any one of the TVs above, but a new smart TV set can be a big investment, so maybe you’re looking for a bit more information. Here’s a quick and dirty list.

  • 2020 has been a strange year and many new TVs are shipping late. A few of the TVs on this list are still 2019 models, but I expect to review more 2020 TVs soon.
  • On the other hand, since TVs are generally a mature technology, the new models may not include major upgrades over the 2019 versions. Most buyers will still be perfectly happy with a 2019 TV, especially since they’re generally cheaper.
  • If you don’t like the built-in smart TV system, you can always add a media streamer for more content. They’re cheap and easy to use, and receive updates more frequently than most smart TVs. See the best media streamers here.
  • Most TVs have built-in speakers with terrible sound quality, so it’s worthwhile to pair your new set with a soundbar or other speaker system. Good ones start at around $100. See the best sound bars here.

Looking for even more info? Here’s everything to know (and more) about buying a new TV in 2020

More TV recommendations

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Buy an iPhone 12 and get 50 percent off an iPhone 11 with financing at Rogers – MobileSyrup

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Rogers is offering a new iPhone 12 deal that’s great for couples.

If you purchase an iPhone 12, you can now get 50 percent off an iPhone 11 64GB with financing on a Rogers Infinite plan. With 50 percent off, you’d then pay $18.23 per month for two years instead of $36.46. This deal is only valid if you’re also financing the iPhone 12. Additionally, the offer is only available for new activations or if you’re upgrading.

This works with any iPhone 12 variant, including the iPhone 12 Pro, 12 Pro Max and the iPhone 12 Mini.

You can learn more about this deal here.

The carrier is also offering promotions on Samsung’s Galaxy S20 5G and the iPhone 11 Pro Max when you can add a new line for $60 per month that gets you 20GB per line.

There are additional deals on the LG Velvet, Pixel 4a and more.

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