Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



A Fool Looks Back

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Who has replaced former market darling Apple (NASDAQ: AAPL  ) with this imposter? The world's largest consumer tech company posted a dip in profitability for the first time since 2003, but that wasn't the worst part. Apple's guidance calls for an even bigger hit during the current quarter.

At the same time, former market laughingstock Netflix (NASDAQ: NFLX  ) continues its redemptive ascent. Who says that there are no second chances in cyberspace?

Netflix closed out a record quarter where it landed more than 3 million net streaming subscriber additions. The leading video service's outlook was just as encouraging.

That's the way the market goes. Success isn't forever, as Apple investors are finding out. However, failure also doesn't have to be a permanent situation, as Netflix investors are discovering.

Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.

  • Cliffs Natural Resources (NYSE: CLF  ) moved higher after posting results that may not seem all that inspiring at first. Revenue slipped 6% and adjusted earnings plunged 74% . However, the iron ore pellets producer was expected to each just half as much as it did. After seeing its stock shed nearly roughly half of its value this year, the bounce was more than overdue.
  • Akamai (NASDAQ: AKAM  ) also posted better-than-expected results, proving that being a content delivery network doesn't have to be a cutthroat business. J.P. Morgan upgraded Akamai on the strong report.
  • Baidu (NASDAQ: BIDU  ) was a rare tech loser on the week, slipping on Friday after posting a quarterly profit that fell well short of Wall Street's forecast. Sometimes even a stock trading at an earnings multiple in the teens yet sporting net profit margins of 34% and growing revenue at a 40% clip isn't good enough.

It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged among the five kings of tech. Click here to keep reading.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2391500, ~/Articles/ArticleHandler.aspx, 9/25/2016 1:44:45 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
AAPL $112.71 Down -1.91 -1.67%
Apple CAPS Rating: ****
AKAM $52.25 Down -0.18 -0.34%
Akamai Technologie… CAPS Rating: ****
BIDU $191.72 Down -3.73 -1.91%
Baidu CAPS Rating: *****
CLF $6.14 Down -0.09 -1.44%
Cliffs Natural Res… CAPS Rating: ***
NFLX $95.94 Up +0.11 +0.11%
Netflix CAPS Rating: ***