Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

Welcome back to another episode of Wall Street Unplugged! I begin today's episode by covering one of the most talked about companies on Wall Street - Apple. Their earnings were just released, beating expectations across the board. And since the news, analysts' reactions have been overwhelmingly bullish. But I can't say I agree… And I'm not so sure about Apple's quarter being "dynamic" either. After doing some of my own digging, I've realized there are some underlying truths about Apple’s 2016 end results... catalysts' that no one else cares to mention. Year-over-year, earnings have only grown 2% - mostly influenced by buybacks and a favorable tax rate. Yes, they blew expectations out of the water. But how much were earnings estimates lowered? Thus far, I've had a pretty good track record on covering this tech giant... and considering all of the noise surrounding this story - I have to warn my listeners. So, before my guest signs on, I'll be explaining why I'm not buying into all of the hype. Then, for today's