Economy on 05.05.2023...
Into the WE with good numbers from Apple, right? ⤵️
Yes, the numbers from $AAPL (+0,65 %)
Apple, did exceed expectations, but they were also quite low. Apple's revenue is down 3% year-over-year and will also end 2023 with a decline from 2022. But again I say, for me the tech industry comparisons to 2021/2021 are very limp. In some cases, it was not possible to deliver, raw materials were not available or had to pay significantly more for them, and suppliers had the same problems. What really started in 2022 and only became apparent later is continuing and is now more and more visible in the figures.
Apple sales in the second quarter: iPhone 51.33 billion, Mac 7.17 billion, iPad 6.67 billion, Services 20.91 billion, Products 73.93 billion, Greater China 17.81 billion.
Apple also launches a $90 billion share buyback program and raises dividend by 4.3%. Apple could afford to do much more, but in my opinion it is doing it right. Small steps and invest more in growth (which of course is becoming increasingly difficult). It remains exciting!
Further interesting were yesterday $SHOP (+2,94 %)
Shopifywhich rose over 25%, $DDOG (-2,68 %)
Datadog with +15% and there were also some disappointments like $PARA (-3,73 %)
Paramount, $PTON (+11,28 %)
Peloton, $BKNG (+1,31 %)
Booking Holdings, $VNA (+2,7 %)
Vonovia and so on. So not everything is shining at the moment. Vonovia continues to record heavy losses and is now selling 5 projects for just under € 560 million. Rising interest rates and declining sales, continue to create strong here, even if the demand for housing continues to be strong and rents are still rising slightly on average. I will use the Kriese to expand my position still something. I have now also added to Paypal again at the level. Technically, I like the chart currently very much and next week, we know more about the fundamental side! What do you currently have so on the screen, or which dip have you bought or plan to buy it?
What is today (figures from MüRück interest me very much) to the weekend still so:
Stock market holiday in Denmark, Japan and South Korea
Economic data
08:00
- DE: Incoming orders March seasonally adjusted PROGNOSIS: -2.0% yoy previous: +4.8% yoy
- DE: Sales in the service sector February
08:30
- CH: Consumer Prices April PROGNOSIS: +0.2% yoy/+2.8% yoy previous: +0.2% yoy/+2.9% yoy
08:45
- FR: Industrial Production PROGNOSE: -0.5% yoy previous: +1.2% yoy
10:00
- EU: ECB, Publication of the Results of the Business Survey
- EU: ECB, publication of the results of the Survey of Professional Forcasters
11:00
- EU: Retail Sales March Eurozone PROGNOSIS: 0.0% yoy previous: -0.8% yoy
14:30
- US: Labor market data April employment ex agriculture PROGNOSE: +180,000 yoy previous: +236,000 yoy Unemployment rate PROGNOSE: 3.6% previous: 3.5% Average hourly earnings PROGNOSE: +0.3% yoy/+4.2% yoy previous: +0.3% yoy/+4.2% yoy
21:00
- US: Consumer Credit March
Without time data
- EU: Rating review for Sweden (S&P);
EFSF (Fitch); ESM (Fitch); Norway (Moody's);
Romania (Moody's); Switzerland (Fitch);
ex-dividend of individual stocks
Allianz 11.40 EUR
Alstria Office 0.06 EUR
Deutsche Post 1.85 EUR
RWE 0.90 EUR
Softing 0.10 EUR
Talanx 2.00 EUR
Quarterly figures / Company dates USA / Asia
12:30 Cigna Quarterly Figures
Quarterly Figures / Company Dates Europe
07:00 Krones | Clariant Quarterly Figures
07:15 Air France-KLM Quarterly Figures
07:30 Adidas | Gea Group | SGL Carbon Quarterly Figures
08:00 International Consolidated Airlines Quarterly Figures
09:00 Audi AG Quarterly Figures
10:00 Munich Re | Drägerwerk | Knorr-Bremse
10:00 Siltronic AGM
10:00 Vantage Towers AG, ao AGM with vote on control and profit transfer agreement with major shareholder Oak Holdings (joint venture of Vodafone, GIP and KKR)
13:00 Intesa Sanpaolo quarterly figures
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