Posted inBusiness, Technology

Why Apple is Worth Less Than Netflix

[MarketWatch] On Wednesday, both Apple AAPL +0.14%  and NetflixNFLX -0.55%  reported earnings after the close. Apple earned $13.81 per share for the quarter; Netflix earned $0.13 for the quarter. Apple stock promptly fell over $50; Netflix stock went up about $40. The differential between the performance of two stocks after their earnings announcements in after-hours trading may seem mind-boggling to […]