Tomahawk, WI 07/24/2014 (Basicsmedia) – Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Antoine Chemali, Digital World Capital, Nokia Corporation (ADR) (NYSE:NOK)Nokia Corporation (ADR) (NYSE:NOK), International Business Machines Corp. (NYSE:IBM).
Two of the Wall Street giants, Microsoft Corporation (NASDAQ:MSFT) and Apple Inc. (NASDAQ:AAPL) are out with their quarterly numbers this week, but Digital World Capital founder Antoine Chemali believes that Microsoft conveyed right things, while Apple was not so clear. The revelation from Chemali came during a CNBC show where he discussed the details of the two companies.
In its fourth quarter results, Microsoft Corporation (NASDAQ:MSFT) has posted a drop of nearly 7% in its profits, which is mainly on account of its $7 billion worth Nokia Corporation (ADR) (NYSE:NOK) acquisition. Taking out the impact of Nokia Corporation (ADR) (NYSE:NOK) takeover, overall the company has performed better in terms of revenue and earnings per share, in the reported quarter. “Microsoft was really saying all the right things to investors. The stock is up 20% since Satya Nadella took over in February of 2014. And they are really doing all the right things and transforming the business and positioning in cloud and mobile,” said Chemali. Following the financial reports, the shares of Microsoft Corporation (NASDAQ:MSFT) were up by 1.5% after hours.
On the other hand, Apple Inc. (NASDAQ:AAPL) showed up with a few number of iPad sales in its third quarter. However, the iPhone maker’s impressive sales in China have largely offset the impact of gloomy iPad sales. Chemali said that iPad sales of just 13.3 million units against the market consensus of 14 million is a significant gap. Chemali pointed out that since Tim Cook considers the iPad market in its nascent stage, therefore, the company is trying to take it to the enterprise segment through its new deal with International Business Machines Corp. (NYSE:IBM). Overall, “Apple Inc. (NASDAQ:AAPL) was a little bit mixed. Where the revenue is lower, but post margin NEPS beating, which shares positive for the bulls, the bear thesis is really a margin compression on those margin,” concluded Chemali.