Hints and tips:
...Peloton’s chief executive-to-median worker pay ratio of 2,299-to-one compares with an average of 324-to-one among S&P 500 bosses, according to the 2021 Paywatch Report from the AFL-CIO, a federation of unions...
...Its market value has rebounded 45 per cent this year, adding nearly $1tn in market value and far outpacing a 14.5 per cent gain for the broader S&P 500 index. Apple first crossed $3tn in early 2022....
...The tech giant’s latest record is arguably more significant than its previous peak in January 2022, when the broader S&P 500 was worth more than $40tn, versus $37tn now, according to S&P Dow Jones Indices...
...Revenues grew 9 per cent to $127.4bn, ahead of forecasts of $124.6bn, according to S&P Capital IQ. Sales at Amazon’s online stores were flat at $51.1bn, but topped forecasts of $50.4bn....
...Apple has repurchased nearly $600bn in shares over the past decade, according to S&P Global Market Intelligence....
...Analysts had expected a slight uptick in revenues in the quarter, according to consensus collected by S&P Capital IQ....
...Two years later it has earned $12.6bn, more than the $10.5bn expected profit at General Motors or the $8bn expected at Ford, according to S&P Global Market Intelligence estimates....
...In the supply chain rankings of 2007, P&G, Toyota and Walmart all had a peer ranking score at least double that of Apple....
...The 38 per cent fall was double the 19 per cent decline in the S&P 500 index....
...The tech-heavy Nasdaq Composite was down 1.7 per cent, while the broader S&P 500 shed 0.5 per cent....
...In 2021, Huawei’s consumer business revenues halved to $38.3bn, according to S&P GMI....
...Against a backdrop of interest rate rises by the Federal Reserve, Amazon’s share price is down by 27 per cent this year, compared with a 17 per cent drop in the S&P 500....
...Additional reporting by Patrick McGee in San Francisco...
...Marc FilippinoThat’s the FT’s San Francisco correspondent Patrick McGee....
...The tech-heavy Nasdaq stock index has lost a fifth of its value this year, whereas the S&P 500 is down less than 13 per cent....
...(Ethan Wu) Two good reads From the FT’s Patrick McGee, how Apple became dependent on China, and whether it is stuck that way....
...The Silicon Valley company will market the new accounts to existing Apple credit card customers as it pushes deeper into financial services, Josh and Patrick McGee write....
...S&P Global still rates Apple at double-A plus, one notch below triple-A....
...To talk more about this I’ve got our San Francisco correspondent Patrick McGee on the line. Hey, Patrick. Patrick McGeeHi, Marc....
...Here’s the FT’s San Francisco correspondent, Patrick McGee....
...Amanda Hess (NYT): https://www.nytimes.com/2021/03/16/arts/peloton-cody-rigsby-content.html –Anne Helen Peterson is the unofficial internet scholar on Peloton celebrity: https://annehelen.substack.com/p/...
International Edition