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2022-01-05

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Is Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote>

2022-01-05

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Why Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote>

2022-01-05

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10:07","market":"us","language":"en","title":"Is Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158741589","media":"Motley Fool","summary":"Apple(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to ","content":"<p><html><head></head><body><b>Apple</b>(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It&#39;s a big feat, and a big round number. What can the world&#39;s most valuable company do for an encore later in 2022?</p><p><blockquote><html><head></head><body><b>苹果</b>（纳斯达克：AAPL）以flair开启了新的一年，周一成为第一家市值突破3万亿美元的上市公司。这是一个伟大的壮举，也是一个很大的整数。这家全球最有价值的公司能为2022年晚些时候的安可做些什么？</body></html></blockquote></p><p>Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It&#39;s a logical choice, and inertia is certainly in its favor. However, it&#39;s just as easy to see Apple fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.</p><p><blockquote>第一家冲击3万亿美元的公司会成为第一家突破4万亿美元的公司吗？这是一个合乎逻辑的选择，惯性当然对它有利。然而，很容易看到苹果跌至2万亿美元——特别是如果市场在对科技巨头有利的一年之后出现调整，而忽视了大多数规模较小的成长型股票。</blockquote></p><p>The battlefield is set. Will Apple fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value. Let&#39;s check with both camps.</p><p><blockquote>战场已定。苹果会跌至2万亿美元吗？它会继续攀升至4万亿美元吗？苹果的市值为3万亿美元，计算起来很简单，因为它基本上可以归结为它是会损失三分之一的价值还是会上涨三分之一的价值。让我们向两个阵营核实一下。</blockquote></p><p><b>The case for $2 trillion</b></p><p><blockquote><b>2万亿美元的案例</b></blockquote></p><p>The consumer tech tastemaker has been a wealth-altering investment over the years, but that doesn&#39;t mean that it only moves up. Apple has shed more than a third of its value five times over the past 16 years, averaging a major drawdown every three years. The last pullback was naturally two years ago, when the market initially tanked as a result of the COVID-19 crisis hitting the U.S., but Apple fared better than most growth stocks with a mere 35% decline at that point. The stock has more than tripled from the last drawdown 22 months ago, so one might even suggest that Apple is due for a swift correction.</p><p><blockquote>多年来，消费科技引领者一直是一项改变财富的投资，但这并不意味着它只会上涨。在过去的16年里，苹果已经五次缩水超过三分之一，平均每三年大幅缩水一次。上一次回调自然是在两年前，当时市场最初因新冠肺炎危机袭击美国而暴跌，但苹果的表现优于大多数成长型股票，当时仅下跌了35%。自22个月前上次下跌以来，该股已上涨两倍多，因此有人甚至可能认为苹果将迅速调整。</blockquote></p><p>Right now it&#39;s easy to be bullish on Apple. As big as the class act of Cupertino may be, it still managed to grow its net sales by 33% in fiscal 2021. However, just as the stock averages a drawdown every three years, it has seen a spike in sales once every three years when there&#39;s a major iPhone upgrade. Apple&#39;s top line saw double-digit growth in fiscal 2012, 2015, 2018, and 2021. The years between those pops all saw single-digit or sometimes even negative top-line growth. History looks set to repeat, as analysts see net sales climbing just 4% this year and 5% in fiscal 2023.</p><p><blockquote>现在很容易看好苹果。尽管库比蒂诺的集体诉讼规模可能很大，但该公司在2021财年的净销售额仍然增长了33%。然而，正如该股平均每三年下跌一次一样，当iPhone进行重大升级时，其销量每三年就会飙升一次。苹果的营收在2012、2015、2018和2021财年实现了两位数增长。在这两次流行之间的几年里，营收增长都是个位数，有时甚至是负增长。历史似乎即将重演，分析师预计今年净销售额仅增长4%，2023财年仅增长5%。</blockquote></p><p>Another thing about the iPhone -- clearly the primary driver here at 52% of the $365.8 billion in sales Apple posted for all of fiscal 2021 -- is that it&#39;s not growing market share. This continues to be an Android world for the masses, and that&#39;s not expected to change anytime soon.</p><p><blockquote>iPhone的另一件事是它的市场份额并没有增长——显然是苹果2021财年3658亿美元销售额的52%——显然是主要驱动力。对于大众来说，这仍然是一个Android世界，预计这种情况不会很快改变。</blockquote></p><p>The iPhone&#39;s market share peaked nine years ago. It&#39;s been sliding outside of the short-lived spikes, with Android growing at the expense of Apple&#39;s iOS. Here&#39;s the percentage of worldwide smartphone shipments that are expected to be iPhones in the coming years, according to industry tracker IDC:</p><p><blockquote>iPhone的市场份额在九年前达到顶峰。随着Android的增长以牺牲苹果的iOS为代价，它一直在滑出短暂的高峰。根据行业跟踪机构IDC的数据，以下是未来几年iPhone预计占全球智能手机出货量的百分比：</blockquote></p><p><ul><li>2021 -- 16.2%</li><li>2022 -- 15.9%</li><li>2023 -- 15.6%</li><li>2024 -- 15.3%</li><li>2025 -- 15.1%</li></ul>The iPhone may have the high-end market cornered, and the new M1-powered Macs look pretty sweet. However, these are premium products. If the economy buckles -- and you know that&#39;s a very realistic scenario right now -- Apple could easily give back a third of the monster gains it has garnered over the past two years.</p><p><blockquote><ul><li>2021--16.2%</li><li>2022--15.9%</li><li>2023--15.6%</li><li>2024--15.3%</li><li>2025--15.1%</li></ul>iPhone可能会垄断高端市场，而新的M1驱动的MAC看起来相当不错。然而，这些都是优质产品。如果经济崩溃——你知道这是目前非常现实的情况——苹果可以很容易地收回过去两年获得的巨额收益的三分之一。</blockquote></p><p><b>The case for $4 trillion</b></p><p><blockquote><b>4万亿美元的案例</b></blockquote></p><p>Apple stock isn&#39;t exactly cheap, and at 33 times trailing earnings it&#39;s a rich price for a stock that musters double-digit growth just once every three years. However, there&#39;s something to be said about essentially cornering the market for people willing to pay a premium for phones, tablets, and computers.</p><p><blockquote>苹果的股票并不便宜，其往绩市盈率为33倍，对于一只每三年才出现两位数增长的股票来说，这是一个很高的价格。然而，对于愿意为手机、平板电脑和电脑支付高价的人来说，这基本上是垄断了市场。</blockquote></p><p>Apple&#39;s ability to command a healthy mark-up on its products makes it special, and that&#39;s before we consider the high-margin power of its services segment, which now accounts for nearly a fifth of its revenue. Apple may be at $3 trillion for the time being, but the company itself has never been as potent as it is right now.</p><p><blockquote>苹果对其产品进行健康加价的能力使其与众不同，这是在我们考虑其服务部门的高利润能力之前，该部门目前占其收入的近五分之一。苹果目前可能达到3万亿美元，但该公司本身从未像现在这样强大。</blockquote></p><p>What if this isn&#39;t the peak? What if the mobile5G revolution extends the upgrade cycle? Apple has routinely defined markets -- for everything from tablets to smartphones to smartwatches -- where others have fallen short. Do you really think an Apple car wouldn&#39;t sell briskly if it ever came out? Apple is unique in that it succeeds far more than it fails when it thinks outside the box. It&#39;s true that the stock&#39;s valuation isn&#39;t for the timid, and it&#39;s not as if its 0.5% yield is wooing income investors. However, Apple finds a way to make magic happen. Hitting $4 trillion would be just the next trick for tech&#39;s ultimate magician that can always read your mind. It&#39;s a gift that you don&#39;t want to be against.</p><p><blockquote>如果这不是高峰呢？如果mobile5G革命延长了升级周期怎么办？苹果经常定义市场——从平板电脑到智能手机再到智能手表的所有产品——而其他公司却做不到这一点。你真的认为苹果汽车一旦上市就不会畅销吗？苹果的独特之处在于，当它跳出框框思考时，它的成功远远多于失败。确实，该股的估值不适合胆小的人，而且其0.5%的收益率也没有吸引收益投资者。然而，苹果找到了一种让奇迹发生的方法。对于总能读懂你心思的科技终极魔术师来说，达到4万亿美元将是下一个魔术。这是一份你不想反对的礼物。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2022-01-05 10:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Apple</b>(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It&#39;s a big feat, and a big round number. What can the world&#39;s most valuable company do for an encore later in 2022?</p><p><blockquote><html><head></head><body><b>苹果</b>（纳斯达克：AAPL）以flair开启了新的一年，周一成为第一家市值突破3万亿美元的上市公司。这是一个伟大的壮举，也是一个很大的整数。这家全球最有价值的公司能为2022年晚些时候的安可做些什么？</body></html></blockquote></p><p>Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It&#39;s a logical choice, and inertia is certainly in its favor. However, it&#39;s just as easy to see Apple fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.</p><p><blockquote>第一家冲击3万亿美元的公司会成为第一家突破4万亿美元的公司吗？这是一个合乎逻辑的选择，惯性当然对它有利。然而，很容易看到苹果跌至2万亿美元——特别是如果市场在对科技巨头有利的一年之后出现调整，而忽视了大多数规模较小的成长型股票。</blockquote></p><p>The battlefield is set. Will Apple fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value. Let&#39;s check with both camps.</p><p><blockquote>战场已定。苹果会跌至2万亿美元吗？它会继续攀升至4万亿美元吗？苹果的市值为3万亿美元，计算起来很简单，因为它基本上可以归结为它是会损失三分之一的价值还是会上涨三分之一的价值。让我们向两个阵营核实一下。</blockquote></p><p><b>The case for $2 trillion</b></p><p><blockquote><b>2万亿美元的案例</b></blockquote></p><p>The consumer tech tastemaker has been a wealth-altering investment over the years, but that doesn&#39;t mean that it only moves up. Apple has shed more than a third of its value five times over the past 16 years, averaging a major drawdown every three years. The last pullback was naturally two years ago, when the market initially tanked as a result of the COVID-19 crisis hitting the U.S., but Apple fared better than most growth stocks with a mere 35% decline at that point. The stock has more than tripled from the last drawdown 22 months ago, so one might even suggest that Apple is due for a swift correction.</p><p><blockquote>多年来，消费科技引领者一直是一项改变财富的投资，但这并不意味着它只会上涨。在过去的16年里，苹果已经五次缩水超过三分之一，平均每三年大幅缩水一次。上一次回调自然是在两年前，当时市场最初因新冠肺炎危机袭击美国而暴跌，但苹果的表现优于大多数成长型股票，当时仅下跌了35%。自22个月前上次下跌以来，该股已上涨两倍多，因此有人甚至可能认为苹果将迅速调整。</blockquote></p><p>Right now it&#39;s easy to be bullish on Apple. As big as the class act of Cupertino may be, it still managed to grow its net sales by 33% in fiscal 2021. However, just as the stock averages a drawdown every three years, it has seen a spike in sales once every three years when there&#39;s a major iPhone upgrade. Apple&#39;s top line saw double-digit growth in fiscal 2012, 2015, 2018, and 2021. The years between those pops all saw single-digit or sometimes even negative top-line growth. History looks set to repeat, as analysts see net sales climbing just 4% this year and 5% in fiscal 2023.</p><p><blockquote>现在很容易看好苹果。尽管库比蒂诺的集体诉讼规模可能很大，但该公司在2021财年的净销售额仍然增长了33%。然而，正如该股平均每三年下跌一次一样，当iPhone进行重大升级时，其销量每三年就会飙升一次。苹果的营收在2012、2015、2018和2021财年实现了两位数增长。在这两次流行之间的几年里，营收增长都是个位数，有时甚至是负增长。历史似乎即将重演，分析师预计今年净销售额仅增长4%，2023财年仅增长5%。</blockquote></p><p>Another thing about the iPhone -- clearly the primary driver here at 52% of the $365.8 billion in sales Apple posted for all of fiscal 2021 -- is that it&#39;s not growing market share. This continues to be an Android world for the masses, and that&#39;s not expected to change anytime soon.</p><p><blockquote>iPhone的另一件事是它的市场份额并没有增长——显然是苹果2021财年3658亿美元销售额的52%——显然是主要驱动力。对于大众来说，这仍然是一个Android世界，预计这种情况不会很快改变。</blockquote></p><p>The iPhone&#39;s market share peaked nine years ago. It&#39;s been sliding outside of the short-lived spikes, with Android growing at the expense of Apple&#39;s iOS. Here&#39;s the percentage of worldwide smartphone shipments that are expected to be iPhones in the coming years, according to industry tracker IDC:</p><p><blockquote>iPhone的市场份额在九年前达到顶峰。随着Android的增长以牺牲苹果的iOS为代价，它一直在滑出短暂的高峰。根据行业跟踪机构IDC的数据，以下是未来几年iPhone预计占全球智能手机出货量的百分比：</blockquote></p><p><ul><li>2021 -- 16.2%</li><li>2022 -- 15.9%</li><li>2023 -- 15.6%</li><li>2024 -- 15.3%</li><li>2025 -- 15.1%</li></ul>The iPhone may have the high-end market cornered, and the new M1-powered Macs look pretty sweet. However, these are premium products. If the economy buckles -- and you know that&#39;s a very realistic scenario right now -- Apple could easily give back a third of the monster gains it has garnered over the past two years.</p><p><blockquote><ul><li>2021--16.2%</li><li>2022--15.9%</li><li>2023--15.6%</li><li>2024--15.3%</li><li>2025--15.1%</li></ul>iPhone可能会垄断高端市场，而新的M1驱动的MAC看起来相当不错。然而，这些都是优质产品。如果经济崩溃——你知道这是目前非常现实的情况——苹果可以很容易地收回过去两年获得的巨额收益的三分之一。</blockquote></p><p><b>The case for $4 trillion</b></p><p><blockquote><b>4万亿美元的案例</b></blockquote></p><p>Apple stock isn&#39;t exactly cheap, and at 33 times trailing earnings it&#39;s a rich price for a stock that musters double-digit growth just once every three years. However, there&#39;s something to be said about essentially cornering the market for people willing to pay a premium for phones, tablets, and computers.</p><p><blockquote>苹果的股票并不便宜，其往绩市盈率为33倍，对于一只每三年才出现两位数增长的股票来说，这是一个很高的价格。然而，对于愿意为手机、平板电脑和电脑支付高价的人来说，这基本上是垄断了市场。</blockquote></p><p>Apple&#39;s ability to command a healthy mark-up on its products makes it special, and that&#39;s before we consider the high-margin power of its services segment, which now accounts for nearly a fifth of its revenue. Apple may be at $3 trillion for the time being, but the company itself has never been as potent as it is right now.</p><p><blockquote>苹果对其产品进行健康加价的能力使其与众不同，这是在我们考虑其服务部门的高利润能力之前，该部门目前占其收入的近五分之一。苹果目前可能达到3万亿美元，但该公司本身从未像现在这样强大。</blockquote></p><p>What if this isn&#39;t the peak? What if the mobile5G revolution extends the upgrade cycle? Apple has routinely defined markets -- for everything from tablets to smartphones to smartwatches -- where others have fallen short. Do you really think an Apple car wouldn&#39;t sell briskly if it ever came out? Apple is unique in that it succeeds far more than it fails when it thinks outside the box. It&#39;s true that the stock&#39;s valuation isn&#39;t for the timid, and it&#39;s not as if its 0.5% yield is wooing income investors. However, Apple finds a way to make magic happen. Hitting $4 trillion would be just the next trick for tech&#39;s ultimate magician that can always read your mind. It&#39;s a gift that you don&#39;t want to be against.</p><p><blockquote>如果这不是高峰呢？如果mobile5G革命延长了升级周期怎么办？苹果经常定义市场——从平板电脑到智能手机再到智能手表的所有产品——而其他公司却做不到这一点。你真的认为苹果汽车一旦上市就不会畅销吗？苹果的独特之处在于，当它跳出框框思考时，它的成功远远多于失败。确实，该股的估值不适合胆小的人，而且其0.5%的收益率也没有吸引收益投资者。然而，苹果找到了一种让奇迹发生的方法。对于总能读懂你心思的科技终极魔术师来说，达到4万亿美元将是下一个魔术。这是一份你不想反对的礼物。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2022/01/04/is-apple-stocks-next-stop-2-trillion-or-4-trillion/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/01/04/is-apple-stocks-next-stop-2-trillion-or-4-trillion/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158741589","content_text":"Apple(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It's a big feat, and a big round number. What can the world's most valuable company do for an encore later in 2022?Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It's a logical choice, and inertia is certainly in its favor. However, it's just as easy to see Apple fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.The battlefield is set. Will Apple fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value. Let's check with both camps.The case for $2 trillionThe consumer tech tastemaker has been a wealth-altering investment over the years, but that doesn't mean that it only moves up. Apple has shed more than a third of its value five times over the past 16 years, averaging a major drawdown every three years. The last pullback was naturally two years ago, when the market initially tanked as a result of the COVID-19 crisis hitting the U.S., but Apple fared better than most growth stocks with a mere 35% decline at that point. The stock has more than tripled from the last drawdown 22 months ago, so one might even suggest that Apple is due for a swift correction.Right now it's easy to be bullish on Apple. As big as the class act of Cupertino may be, it still managed to grow its net sales by 33% in fiscal 2021. However, just as the stock averages a drawdown every three years, it has seen a spike in sales once every three years when there's a major iPhone upgrade. Apple's top line saw double-digit growth in fiscal 2012, 2015, 2018, and 2021. The years between those pops all saw single-digit or sometimes even negative top-line growth. History looks set to repeat, as analysts see net sales climbing just 4% this year and 5% in fiscal 2023.Another thing about the iPhone -- clearly the primary driver here at 52% of the $365.8 billion in sales Apple posted for all of fiscal 2021 -- is that it's not growing market share. This continues to be an Android world for the masses, and that's not expected to change anytime soon.The iPhone's market share peaked nine years ago. It's been sliding outside of the short-lived spikes, with Android growing at the expense of Apple's iOS. Here's the percentage of worldwide smartphone shipments that are expected to be iPhones in the coming years, according to industry tracker IDC:2021 -- 16.2%2022 -- 15.9%2023 -- 15.6%2024 -- 15.3%2025 -- 15.1%The iPhone may have the high-end market cornered, and the new M1-powered Macs look pretty sweet. However, these are premium products. If the economy buckles -- and you know that's a very realistic scenario right now -- Apple could easily give back a third of the monster gains it has garnered over the past two years.The case for $4 trillionApple stock isn't exactly cheap, and at 33 times trailing earnings it's a rich price for a stock that musters double-digit growth just once every three years. However, there's something to be said about essentially cornering the market for people willing to pay a premium for phones, tablets, and computers.Apple's ability to command a healthy mark-up on its products makes it special, and that's before we consider the high-margin power of its services segment, which now accounts for nearly a fifth of its revenue. Apple may be at $3 trillion for the time being, but the company itself has never been as potent as it is right now.What if this isn't the peak? What if the mobile5G revolution extends the upgrade cycle? Apple has routinely defined markets -- for everything from tablets to smartphones to smartwatches -- where others have fallen short. Do you really think an Apple car wouldn't sell briskly if it ever came out? Apple is unique in that it succeeds far more than it fails when it thinks outside the box. It's true that the stock's valuation isn't for the timid, and it's not as if its 0.5% yield is wooing income investors. However, Apple finds a way to make magic happen. Hitting $4 trillion would be just the next trick for tech's ultimate magician that can always read your mind. It's a gift that you don't want to be against.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358375,"gmtCreate":1641349686801,"gmtModify":1641349686801,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358375","repostId":"1141017759","repostType":4,"repost":{"id":"1141017759","kind":"news","pubTimestamp":1641348977,"share":"https://www.laohu8.com/m/news/1141017759?lang=zh_CN&edition=full","pubTime":"2022-01-05 10:16","market":"us","language":"en","title":"Why Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141017759","media":"Motley Fool","summary":"What happenedShares of Zoom Video Communications(NASDAQ:ZM),Zscaler(NASDAQ:ZS), and Just Eat Takeawa","content":"<p><html><head></head><body><b>What happened</b></p><p><blockquote><html><head></head><body><b>发生了什么</b></body></html></blockquote></p><p>Shares of <b>Zoom Video Communications</b>(NASDAQ:ZM),<b>Zscaler</b>(NASDAQ:ZS), and <b>Just Eat Takeaway.com</b>(NASDAQ:GRUB)finished Tuesday down by 2.4%, 6.7%, and 8.1%, respectively. Zoom and Zscaler were actually down by much more earlier in the trading session before recovering.</p><p><blockquote>本公司之股份<b>Zoom Video通信公司</b>（纳斯达克：ZM），<b>Zscaler</b>（纳斯达克：ZS），以及<b>就吃外卖网</b>（纳斯达克：GRUB）周二收盘分别下跌2.4%、6.7%和8.1%。Zoom和Zscaler实际上在交易时段早些时候下跌了更多，然后才恢复。</blockquote></p><p>This may be a situation where good news for the broader economy means bad news for these particular companies, all of which benefited greatly from the pandemic. But on Tuesday, it appeared that traders&#39; recent concerns about the impact of the omicron coronavirus variant were diminishing, and long-term bond yields and oil prices rose, putting pressure on these &#34;stay at home&#34; growth stocks.</p><p><blockquote>在这种情况下，整体经济的好消息对这些特定公司来说可能意味着坏消息，所有这些公司都从疫情中受益匪浅。但周二，交易员近期对奥密克戎新冠病毒变种影响的担忧似乎正在减弱，长期债券收益率和油价上涨，给这些“宅在家里”的成长股带来压力。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2374be609ab45d221143fa0dc747163c\" tg-width=\"700\" tg-height=\"458\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>None of the aforementioned companies made any specific announcements Tuesday, so their sell-offs likely had more to do with macroeconomic factors. On Tuesday, the 10-year Treasury bond yield and the price of crude oil both rose, indicating that investors may be anticipating both a strengthening economy and a relatively rapid emergence from the sharp omicron surge now impacting the country.</p><p><blockquote>上述公司周二均未发布任何具体公告，因此其抛售可能与宏观经济因素有更多关系。周二，10年期国债收益率和原油价格双双上涨，表明投资者可能预计经济将走强，并相对较快地摆脱目前影响该国的奥密克戎大幅飙升。</blockquote></p><p>In recent days, former Food and Drug Administration Commissioner Dr. Scott Gottlieb stated publicly via a variety of media outlets that the omicron surge in the hardest-hit parts of the U.S. may reach its peak in a couple of weeks, and that the national peak could possibly occur in February.</p><p><blockquote>最近几天，前美国食品药品监督管理局局长Scott Gottlieb博士通过各种媒体公开表示，美国受灾最严重地区的奥密克戎激增可能会在几周内达到顶峰，全国高峰可能会出现在二月份。</blockquote></p><p>Good news on the economy means good news for stocks, right? Well, not for these particular stocks. Obviously, Zoom soared early in the pandemic as people learned how to work, teach, and communicate from home through its easy-to-use platform. Tens of millions of employees suddenly working from home and accessing their companies&#39; systems via the cloud also made organizations more vulnerable to cyberattacks, boosting demand for the services of cybersecurity specialist Zscaler. And obviously, when people are afraid (or unable) to go to restaurants or grocery stores, they&#39;ll be more likely to turn to services like Grubhub, which was purchased by Just Eat Takeaway in June 2020. So any reason for optimism about the future course of the pandemic is bad news for these stocks.</p><p><blockquote>经济的好消息意味着股票的好消息，对吗？嗯，不适用于这些特定的股票。显然，随着人们通过其易于使用的平台学习如何在家工作、教学和交流，Zoom在疫情早期飙升。数千万员工突然在家工作并通过云访问公司系统，这也使组织更容易受到网络攻击，从而增加了对网络安全专家Zscaler服务的需求。显然，当人们害怕（或无法）去餐馆或杂货店时，他们更有可能转向Grubhub等服务，该公司于2020年6月被Just Eat Takeaway收购。因此，任何对疫情未来进程持乐观态度的理由对这些股票来说都是坏消息。</blockquote></p><p>Not only that, but the aforementioned companies are also growth stocks that are still trading at high valuations, even after a difficult November and December. Zoom&#39;s share price looks more reasonable after it was cut in half over the past year, but it still trades at 48 times earnings -- not exactly a bargain if its growth rate meaningfully decelerates. Zscaler will continue to help enterprises improve their cybersecurity regardless of what social distancing measures they need to take, but it trades at a whopping 55 times sales -- not earnings,<i>sales</i>. Just Eat also isn&#39;t profitable today, and probably won&#39;t be for a while due to wage pressures and management&#39;s continued investment in growth.</p><p><blockquote>不仅如此，前述公司也是成长股，即使在经历了艰难的11月和12月后，仍在高估值下交易。Zoom的股价在过去一年减半后看起来更加合理，但其市盈率仍为48倍——如果其增长率大幅放缓，这并不便宜。无论企业需要采取何种社交距离措施，Zscaler都将继续帮助企业提高网络安全，但它的交易价格高达销售额（而不是收益）的55倍，<i>销售</i>.Just Eat目前也没有盈利，而且由于工资压力和管理层对增长的持续投资，可能在一段时间内不会盈利。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>For young investors, I still think growth stocks are the place to be over the long term. However, the market could actually be entering a rocky period for high-growth software and internet plays that aren&#39;t yet making material net profits.</p><p><blockquote>对于年轻投资者来说，我仍然认为成长型股票是长期投资的地方。然而，对于尚未获得实质性净利润的高增长软件和互联网游戏来说，市场实际上可能正在进入一个动荡时期。</blockquote></p><p>As the economy continues to reopen and interest rates rise, investors may feel the need to shift more of their assets into lower-valued sectors such as financials and energy, which have lagged the technology sector over much of the past decade -- and especially during the pandemic. It may not be exactly like the dot-com crash of 2000, but the market may well begin to favor non-technology sectors in 2022.</p><p><blockquote>随着经济继续重新开放和利率上升，投资者可能会觉得有必要将更多资产转移到金融和能源等估值较低的行业，这些行业在过去十年的大部分时间里都落后于科技行业，尤其是在疫情期间。这可能不完全像2000年的互联网崩盘，但市场很可能在2022年开始青睐非科技行业。</blockquote></p><p>Some investors may wish to hold onto these tech companies through the volatility for the long term, but you&#39;ll really have to believe in them strongly, given the valuation pressures and the way that investor sentiment is gravitating elsewhere.</p><p><blockquote>一些投资者可能希望在波动中长期持有这些科技公司，但考虑到估值压力和投资者情绪被其他地方吸引的方式，你确实必须坚信它们。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2022-01-05 10:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>What happened</b></p><p><blockquote><html><head></head><body><b>发生了什么</b></body></html></blockquote></p><p>Shares of <b>Zoom Video Communications</b>(NASDAQ:ZM),<b>Zscaler</b>(NASDAQ:ZS), and <b>Just Eat Takeaway.com</b>(NASDAQ:GRUB)finished Tuesday down by 2.4%, 6.7%, and 8.1%, respectively. Zoom and Zscaler were actually down by much more earlier in the trading session before recovering.</p><p><blockquote>本公司之股份<b>Zoom Video通信公司</b>（纳斯达克：ZM），<b>Zscaler</b>（纳斯达克：ZS），以及<b>就吃外卖网</b>（纳斯达克：GRUB）周二收盘分别下跌2.4%、6.7%和8.1%。Zoom和Zscaler实际上在交易时段早些时候下跌了更多，然后才恢复。</blockquote></p><p>This may be a situation where good news for the broader economy means bad news for these particular companies, all of which benefited greatly from the pandemic. But on Tuesday, it appeared that traders&#39; recent concerns about the impact of the omicron coronavirus variant were diminishing, and long-term bond yields and oil prices rose, putting pressure on these &#34;stay at home&#34; growth stocks.</p><p><blockquote>在这种情况下，整体经济的好消息对这些特定公司来说可能意味着坏消息，所有这些公司都从疫情中受益匪浅。但周二，交易员近期对奥密克戎新冠病毒变种影响的担忧似乎正在减弱，长期债券收益率和油价上涨，给这些“宅在家里”的成长股带来压力。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2374be609ab45d221143fa0dc747163c\" tg-width=\"700\" tg-height=\"458\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>None of the aforementioned companies made any specific announcements Tuesday, so their sell-offs likely had more to do with macroeconomic factors. On Tuesday, the 10-year Treasury bond yield and the price of crude oil both rose, indicating that investors may be anticipating both a strengthening economy and a relatively rapid emergence from the sharp omicron surge now impacting the country.</p><p><blockquote>上述公司周二均未发布任何具体公告，因此其抛售可能与宏观经济因素有更多关系。周二，10年期国债收益率和原油价格双双上涨，表明投资者可能预计经济将走强，并相对较快地摆脱目前影响该国的奥密克戎大幅飙升。</blockquote></p><p>In recent days, former Food and Drug Administration Commissioner Dr. Scott Gottlieb stated publicly via a variety of media outlets that the omicron surge in the hardest-hit parts of the U.S. may reach its peak in a couple of weeks, and that the national peak could possibly occur in February.</p><p><blockquote>最近几天，前美国食品药品监督管理局局长Scott Gottlieb博士通过各种媒体公开表示，美国受灾最严重地区的奥密克戎激增可能会在几周内达到顶峰，全国高峰可能会出现在二月份。</blockquote></p><p>Good news on the economy means good news for stocks, right? Well, not for these particular stocks. Obviously, Zoom soared early in the pandemic as people learned how to work, teach, and communicate from home through its easy-to-use platform. Tens of millions of employees suddenly working from home and accessing their companies&#39; systems via the cloud also made organizations more vulnerable to cyberattacks, boosting demand for the services of cybersecurity specialist Zscaler. And obviously, when people are afraid (or unable) to go to restaurants or grocery stores, they&#39;ll be more likely to turn to services like Grubhub, which was purchased by Just Eat Takeaway in June 2020. So any reason for optimism about the future course of the pandemic is bad news for these stocks.</p><p><blockquote>经济的好消息意味着股票的好消息，对吗？嗯，不适用于这些特定的股票。显然，随着人们通过其易于使用的平台学习如何在家工作、教学和交流，Zoom在疫情早期飙升。数千万员工突然在家工作并通过云访问公司系统，这也使组织更容易受到网络攻击，从而增加了对网络安全专家Zscaler服务的需求。显然，当人们害怕（或无法）去餐馆或杂货店时，他们更有可能转向Grubhub等服务，该公司于2020年6月被Just Eat Takeaway收购。因此，任何对疫情未来进程持乐观态度的理由对这些股票来说都是坏消息。</blockquote></p><p>Not only that, but the aforementioned companies are also growth stocks that are still trading at high valuations, even after a difficult November and December. Zoom&#39;s share price looks more reasonable after it was cut in half over the past year, but it still trades at 48 times earnings -- not exactly a bargain if its growth rate meaningfully decelerates. Zscaler will continue to help enterprises improve their cybersecurity regardless of what social distancing measures they need to take, but it trades at a whopping 55 times sales -- not earnings,<i>sales</i>. Just Eat also isn&#39;t profitable today, and probably won&#39;t be for a while due to wage pressures and management&#39;s continued investment in growth.</p><p><blockquote>不仅如此，前述公司也是成长股，即使在经历了艰难的11月和12月后，仍在高估值下交易。Zoom的股价在过去一年减半后看起来更加合理，但其市盈率仍为48倍——如果其增长率大幅放缓，这并不便宜。无论企业需要采取何种社交距离措施，Zscaler都将继续帮助企业提高网络安全，但它的交易价格高达销售额（而不是收益）的55倍，<i>销售</i>.Just Eat目前也没有盈利，而且由于工资压力和管理层对增长的持续投资，可能在一段时间内不会盈利。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>For young investors, I still think growth stocks are the place to be over the long term. However, the market could actually be entering a rocky period for high-growth software and internet plays that aren&#39;t yet making material net profits.</p><p><blockquote>对于年轻投资者来说，我仍然认为成长型股票是长期投资的地方。然而，对于尚未获得实质性净利润的高增长软件和互联网游戏来说，市场实际上可能正在进入一个动荡时期。</blockquote></p><p>As the economy continues to reopen and interest rates rise, investors may feel the need to shift more of their assets into lower-valued sectors such as financials and energy, which have lagged the technology sector over much of the past decade -- and especially during the pandemic. It may not be exactly like the dot-com crash of 2000, but the market may well begin to favor non-technology sectors in 2022.</p><p><blockquote>随着经济继续重新开放和利率上升，投资者可能会觉得有必要将更多资产转移到金融和能源等估值较低的行业，这些行业在过去十年的大部分时间里都落后于科技行业，尤其是在疫情期间。这可能不完全像2000年的互联网崩盘，但市场很可能在2022年开始青睐非科技行业。</blockquote></p><p>Some investors may wish to hold onto these tech companies through the volatility for the long term, but you&#39;ll really have to believe in them strongly, given the valuation pressures and the way that investor sentiment is gravitating elsewhere.</p><p><blockquote>一些投资者可能希望在波动中长期持有这些科技公司，但考虑到估值压力和投资者情绪被其他地方吸引的方式，你确实必须坚信它们。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2022/01/04/why-zoom-video-zscaler-and-just-eat-takeaway-fell/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","ZS":"Zscaler Inc."},"source_url":"https://www.fool.com/investing/2022/01/04/why-zoom-video-zscaler-and-just-eat-takeaway-fell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141017759","content_text":"What happenedShares of Zoom Video Communications(NASDAQ:ZM),Zscaler(NASDAQ:ZS), and Just Eat Takeaway.com(NASDAQ:GRUB)finished Tuesday down by 2.4%, 6.7%, and 8.1%, respectively. Zoom and Zscaler were actually down by much more earlier in the trading session before recovering.This may be a situation where good news for the broader economy means bad news for these particular companies, all of which benefited greatly from the pandemic. But on Tuesday, it appeared that traders' recent concerns about the impact of the omicron coronavirus variant were diminishing, and long-term bond yields and oil prices rose, putting pressure on these \"stay at home\" growth stocks.IMAGE SOURCE: GETTY IMAGES.So whatNone of the aforementioned companies made any specific announcements Tuesday, so their sell-offs likely had more to do with macroeconomic factors. On Tuesday, the 10-year Treasury bond yield and the price of crude oil both rose, indicating that investors may be anticipating both a strengthening economy and a relatively rapid emergence from the sharp omicron surge now impacting the country.In recent days, former Food and Drug Administration Commissioner Dr. Scott Gottlieb stated publicly via a variety of media outlets that the omicron surge in the hardest-hit parts of the U.S. may reach its peak in a couple of weeks, and that the national peak could possibly occur in February.Good news on the economy means good news for stocks, right? Well, not for these particular stocks. Obviously, Zoom soared early in the pandemic as people learned how to work, teach, and communicate from home through its easy-to-use platform. Tens of millions of employees suddenly working from home and accessing their companies' systems via the cloud also made organizations more vulnerable to cyberattacks, boosting demand for the services of cybersecurity specialist Zscaler. And obviously, when people are afraid (or unable) to go to restaurants or grocery stores, they'll be more likely to turn to services like Grubhub, which was purchased by Just Eat Takeaway in June 2020. So any reason for optimism about the future course of the pandemic is bad news for these stocks.Not only that, but the aforementioned companies are also growth stocks that are still trading at high valuations, even after a difficult November and December. Zoom's share price looks more reasonable after it was cut in half over the past year, but it still trades at 48 times earnings -- not exactly a bargain if its growth rate meaningfully decelerates. Zscaler will continue to help enterprises improve their cybersecurity regardless of what social distancing measures they need to take, but it trades at a whopping 55 times sales -- not earnings,sales. Just Eat also isn't profitable today, and probably won't be for a while due to wage pressures and management's continued investment in growth.So whatFor young investors, I still think growth stocks are the place to be over the long term. However, the market could actually be entering a rocky period for high-growth software and internet plays that aren't yet making material net profits.As the economy continues to reopen and interest rates rise, investors may feel the need to shift more of their assets into lower-valued sectors such as financials and energy, which have lagged the technology sector over much of the past decade -- and especially during the pandemic. It may not be exactly like the dot-com crash of 2000, but the market may well begin to favor non-technology sectors in 2022.Some investors may wish to hold onto these tech companies through the volatility for the long term, but you'll really have to believe in them strongly, given the valuation pressures and the way that investor sentiment is gravitating elsewhere.","news_type":1,"symbols_score_info":{"ZS":0.9,"GRUB":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":2537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358956,"gmtCreate":1641349672049,"gmtModify":1641349672049,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358956","repostId":"1138188839","repostType":4,"isVote":1,"tweetType":1,"viewCount":2088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358032,"gmtCreate":1641349659829,"gmtModify":1641349659829,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358032","repostId":"1142604198","repostType":4,"isVote":1,"tweetType":1,"viewCount":3686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695351465,"gmtCreate":1641349646307,"gmtModify":1641349657710,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/695351465","repostId":"2201418283","repostType":4,"isVote":1,"tweetType":1,"viewCount":2720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":695351465,"gmtCreate":1641349646307,"gmtModify":1641349657710,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/695351465","repostId":"2201418283","repostType":4,"isVote":1,"tweetType":1,"viewCount":2720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358375,"gmtCreate":1641349686801,"gmtModify":1641349686801,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358375","repostId":"1141017759","repostType":4,"repost":{"id":"1141017759","kind":"news","pubTimestamp":1641348977,"share":"https://www.laohu8.com/m/news/1141017759?lang=zh_CN&edition=full","pubTime":"2022-01-05 10:16","market":"us","language":"en","title":"Why Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141017759","media":"Motley Fool","summary":"What happenedShares of Zoom Video Communications(NASDAQ:ZM),Zscaler(NASDAQ:ZS), and Just Eat Takeawa","content":"<p><html><head></head><body><b>What happened</b></p><p><blockquote><html><head></head><body><b>发生了什么</b></body></html></blockquote></p><p>Shares of <b>Zoom Video Communications</b>(NASDAQ:ZM),<b>Zscaler</b>(NASDAQ:ZS), and <b>Just Eat Takeaway.com</b>(NASDAQ:GRUB)finished Tuesday down by 2.4%, 6.7%, and 8.1%, respectively. Zoom and Zscaler were actually down by much more earlier in the trading session before recovering.</p><p><blockquote>本公司之股份<b>Zoom Video通信公司</b>（纳斯达克：ZM），<b>Zscaler</b>（纳斯达克：ZS），以及<b>就吃外卖网</b>（纳斯达克：GRUB）周二收盘分别下跌2.4%、6.7%和8.1%。Zoom和Zscaler实际上在交易时段早些时候下跌了更多，然后才恢复。</blockquote></p><p>This may be a situation where good news for the broader economy means bad news for these particular companies, all of which benefited greatly from the pandemic. But on Tuesday, it appeared that traders&#39; recent concerns about the impact of the omicron coronavirus variant were diminishing, and long-term bond yields and oil prices rose, putting pressure on these &#34;stay at home&#34; growth stocks.</p><p><blockquote>在这种情况下，整体经济的好消息对这些特定公司来说可能意味着坏消息，所有这些公司都从疫情中受益匪浅。但周二，交易员近期对奥密克戎新冠病毒变种影响的担忧似乎正在减弱，长期债券收益率和油价上涨，给这些“宅在家里”的成长股带来压力。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2374be609ab45d221143fa0dc747163c\" tg-width=\"700\" tg-height=\"458\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>None of the aforementioned companies made any specific announcements Tuesday, so their sell-offs likely had more to do with macroeconomic factors. On Tuesday, the 10-year Treasury bond yield and the price of crude oil both rose, indicating that investors may be anticipating both a strengthening economy and a relatively rapid emergence from the sharp omicron surge now impacting the country.</p><p><blockquote>上述公司周二均未发布任何具体公告，因此其抛售可能与宏观经济因素有更多关系。周二，10年期国债收益率和原油价格双双上涨，表明投资者可能预计经济将走强，并相对较快地摆脱目前影响该国的奥密克戎大幅飙升。</blockquote></p><p>In recent days, former Food and Drug Administration Commissioner Dr. Scott Gottlieb stated publicly via a variety of media outlets that the omicron surge in the hardest-hit parts of the U.S. may reach its peak in a couple of weeks, and that the national peak could possibly occur in February.</p><p><blockquote>最近几天，前美国食品药品监督管理局局长Scott Gottlieb博士通过各种媒体公开表示，美国受灾最严重地区的奥密克戎激增可能会在几周内达到顶峰，全国高峰可能会出现在二月份。</blockquote></p><p>Good news on the economy means good news for stocks, right? Well, not for these particular stocks. Obviously, Zoom soared early in the pandemic as people learned how to work, teach, and communicate from home through its easy-to-use platform. Tens of millions of employees suddenly working from home and accessing their companies&#39; systems via the cloud also made organizations more vulnerable to cyberattacks, boosting demand for the services of cybersecurity specialist Zscaler. And obviously, when people are afraid (or unable) to go to restaurants or grocery stores, they&#39;ll be more likely to turn to services like Grubhub, which was purchased by Just Eat Takeaway in June 2020. So any reason for optimism about the future course of the pandemic is bad news for these stocks.</p><p><blockquote>经济的好消息意味着股票的好消息，对吗？嗯，不适用于这些特定的股票。显然，随着人们通过其易于使用的平台学习如何在家工作、教学和交流，Zoom在疫情早期飙升。数千万员工突然在家工作并通过云访问公司系统，这也使组织更容易受到网络攻击，从而增加了对网络安全专家Zscaler服务的需求。显然，当人们害怕（或无法）去餐馆或杂货店时，他们更有可能转向Grubhub等服务，该公司于2020年6月被Just Eat Takeaway收购。因此，任何对疫情未来进程持乐观态度的理由对这些股票来说都是坏消息。</blockquote></p><p>Not only that, but the aforementioned companies are also growth stocks that are still trading at high valuations, even after a difficult November and December. Zoom&#39;s share price looks more reasonable after it was cut in half over the past year, but it still trades at 48 times earnings -- not exactly a bargain if its growth rate meaningfully decelerates. Zscaler will continue to help enterprises improve their cybersecurity regardless of what social distancing measures they need to take, but it trades at a whopping 55 times sales -- not earnings,<i>sales</i>. Just Eat also isn&#39;t profitable today, and probably won&#39;t be for a while due to wage pressures and management&#39;s continued investment in growth.</p><p><blockquote>不仅如此，前述公司也是成长股，即使在经历了艰难的11月和12月后，仍在高估值下交易。Zoom的股价在过去一年减半后看起来更加合理，但其市盈率仍为48倍——如果其增长率大幅放缓，这并不便宜。无论企业需要采取何种社交距离措施，Zscaler都将继续帮助企业提高网络安全，但它的交易价格高达销售额（而不是收益）的55倍，<i>销售</i>.Just Eat目前也没有盈利，而且由于工资压力和管理层对增长的持续投资，可能在一段时间内不会盈利。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>For young investors, I still think growth stocks are the place to be over the long term. However, the market could actually be entering a rocky period for high-growth software and internet plays that aren&#39;t yet making material net profits.</p><p><blockquote>对于年轻投资者来说，我仍然认为成长型股票是长期投资的地方。然而，对于尚未获得实质性净利润的高增长软件和互联网游戏来说，市场实际上可能正在进入一个动荡时期。</blockquote></p><p>As the economy continues to reopen and interest rates rise, investors may feel the need to shift more of their assets into lower-valued sectors such as financials and energy, which have lagged the technology sector over much of the past decade -- and especially during the pandemic. It may not be exactly like the dot-com crash of 2000, but the market may well begin to favor non-technology sectors in 2022.</p><p><blockquote>随着经济继续重新开放和利率上升，投资者可能会觉得有必要将更多资产转移到金融和能源等估值较低的行业，这些行业在过去十年的大部分时间里都落后于科技行业，尤其是在疫情期间。这可能不完全像2000年的互联网崩盘，但市场很可能在2022年开始青睐非科技行业。</blockquote></p><p>Some investors may wish to hold onto these tech companies through the volatility for the long term, but you&#39;ll really have to believe in them strongly, given the valuation pressures and the way that investor sentiment is gravitating elsewhere.</p><p><blockquote>一些投资者可能希望在波动中长期持有这些科技公司，但考虑到估值压力和投资者情绪被其他地方吸引的方式，你确实必须坚信它们。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Zoom Video Communications, Zscaler, and Just Eat Takeaway.com Fell Hard<blockquote>为什么Zoom Video通信、Zscaler和Just Eat Takeaway.com重挫</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2022-01-05 10:16</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>What happened</b></p><p><blockquote><html><head></head><body><b>发生了什么</b></body></html></blockquote></p><p>Shares of <b>Zoom Video Communications</b>(NASDAQ:ZM),<b>Zscaler</b>(NASDAQ:ZS), and <b>Just Eat Takeaway.com</b>(NASDAQ:GRUB)finished Tuesday down by 2.4%, 6.7%, and 8.1%, respectively. Zoom and Zscaler were actually down by much more earlier in the trading session before recovering.</p><p><blockquote>本公司之股份<b>Zoom Video通信公司</b>（纳斯达克：ZM），<b>Zscaler</b>（纳斯达克：ZS），以及<b>就吃外卖网</b>（纳斯达克：GRUB）周二收盘分别下跌2.4%、6.7%和8.1%。Zoom和Zscaler实际上在交易时段早些时候下跌了更多，然后才恢复。</blockquote></p><p>This may be a situation where good news for the broader economy means bad news for these particular companies, all of which benefited greatly from the pandemic. But on Tuesday, it appeared that traders&#39; recent concerns about the impact of the omicron coronavirus variant were diminishing, and long-term bond yields and oil prices rose, putting pressure on these &#34;stay at home&#34; growth stocks.</p><p><blockquote>在这种情况下，整体经济的好消息对这些特定公司来说可能意味着坏消息，所有这些公司都从疫情中受益匪浅。但周二，交易员近期对奥密克戎新冠病毒变种影响的担忧似乎正在减弱，长期债券收益率和油价上涨，给这些“宅在家里”的成长股带来压力。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2374be609ab45d221143fa0dc747163c\" tg-width=\"700\" tg-height=\"458\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>None of the aforementioned companies made any specific announcements Tuesday, so their sell-offs likely had more to do with macroeconomic factors. On Tuesday, the 10-year Treasury bond yield and the price of crude oil both rose, indicating that investors may be anticipating both a strengthening economy and a relatively rapid emergence from the sharp omicron surge now impacting the country.</p><p><blockquote>上述公司周二均未发布任何具体公告，因此其抛售可能与宏观经济因素有更多关系。周二，10年期国债收益率和原油价格双双上涨，表明投资者可能预计经济将走强，并相对较快地摆脱目前影响该国的奥密克戎大幅飙升。</blockquote></p><p>In recent days, former Food and Drug Administration Commissioner Dr. Scott Gottlieb stated publicly via a variety of media outlets that the omicron surge in the hardest-hit parts of the U.S. may reach its peak in a couple of weeks, and that the national peak could possibly occur in February.</p><p><blockquote>最近几天，前美国食品药品监督管理局局长Scott Gottlieb博士通过各种媒体公开表示，美国受灾最严重地区的奥密克戎激增可能会在几周内达到顶峰，全国高峰可能会出现在二月份。</blockquote></p><p>Good news on the economy means good news for stocks, right? Well, not for these particular stocks. Obviously, Zoom soared early in the pandemic as people learned how to work, teach, and communicate from home through its easy-to-use platform. Tens of millions of employees suddenly working from home and accessing their companies&#39; systems via the cloud also made organizations more vulnerable to cyberattacks, boosting demand for the services of cybersecurity specialist Zscaler. And obviously, when people are afraid (or unable) to go to restaurants or grocery stores, they&#39;ll be more likely to turn to services like Grubhub, which was purchased by Just Eat Takeaway in June 2020. So any reason for optimism about the future course of the pandemic is bad news for these stocks.</p><p><blockquote>经济的好消息意味着股票的好消息，对吗？嗯，不适用于这些特定的股票。显然，随着人们通过其易于使用的平台学习如何在家工作、教学和交流，Zoom在疫情早期飙升。数千万员工突然在家工作并通过云访问公司系统，这也使组织更容易受到网络攻击，从而增加了对网络安全专家Zscaler服务的需求。显然，当人们害怕（或无法）去餐馆或杂货店时，他们更有可能转向Grubhub等服务，该公司于2020年6月被Just Eat Takeaway收购。因此，任何对疫情未来进程持乐观态度的理由对这些股票来说都是坏消息。</blockquote></p><p>Not only that, but the aforementioned companies are also growth stocks that are still trading at high valuations, even after a difficult November and December. Zoom&#39;s share price looks more reasonable after it was cut in half over the past year, but it still trades at 48 times earnings -- not exactly a bargain if its growth rate meaningfully decelerates. Zscaler will continue to help enterprises improve their cybersecurity regardless of what social distancing measures they need to take, but it trades at a whopping 55 times sales -- not earnings,<i>sales</i>. Just Eat also isn&#39;t profitable today, and probably won&#39;t be for a while due to wage pressures and management&#39;s continued investment in growth.</p><p><blockquote>不仅如此，前述公司也是成长股，即使在经历了艰难的11月和12月后，仍在高估值下交易。Zoom的股价在过去一年减半后看起来更加合理，但其市盈率仍为48倍——如果其增长率大幅放缓，这并不便宜。无论企业需要采取何种社交距离措施，Zscaler都将继续帮助企业提高网络安全，但它的交易价格高达销售额（而不是收益）的55倍，<i>销售</i>.Just Eat目前也没有盈利，而且由于工资压力和管理层对增长的持续投资，可能在一段时间内不会盈利。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>For young investors, I still think growth stocks are the place to be over the long term. However, the market could actually be entering a rocky period for high-growth software and internet plays that aren&#39;t yet making material net profits.</p><p><blockquote>对于年轻投资者来说，我仍然认为成长型股票是长期投资的地方。然而，对于尚未获得实质性净利润的高增长软件和互联网游戏来说，市场实际上可能正在进入一个动荡时期。</blockquote></p><p>As the economy continues to reopen and interest rates rise, investors may feel the need to shift more of their assets into lower-valued sectors such as financials and energy, which have lagged the technology sector over much of the past decade -- and especially during the pandemic. It may not be exactly like the dot-com crash of 2000, but the market may well begin to favor non-technology sectors in 2022.</p><p><blockquote>随着经济继续重新开放和利率上升，投资者可能会觉得有必要将更多资产转移到金融和能源等估值较低的行业，这些行业在过去十年的大部分时间里都落后于科技行业，尤其是在疫情期间。这可能不完全像2000年的互联网崩盘，但市场很可能在2022年开始青睐非科技行业。</blockquote></p><p>Some investors may wish to hold onto these tech companies through the volatility for the long term, but you&#39;ll really have to believe in them strongly, given the valuation pressures and the way that investor sentiment is gravitating elsewhere.</p><p><blockquote>一些投资者可能希望在波动中长期持有这些科技公司，但考虑到估值压力和投资者情绪被其他地方吸引的方式，你确实必须坚信它们。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2022/01/04/why-zoom-video-zscaler-and-just-eat-takeaway-fell/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","ZS":"Zscaler Inc."},"source_url":"https://www.fool.com/investing/2022/01/04/why-zoom-video-zscaler-and-just-eat-takeaway-fell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141017759","content_text":"What happenedShares of Zoom Video Communications(NASDAQ:ZM),Zscaler(NASDAQ:ZS), and Just Eat Takeaway.com(NASDAQ:GRUB)finished Tuesday down by 2.4%, 6.7%, and 8.1%, respectively. Zoom and Zscaler were actually down by much more earlier in the trading session before recovering.This may be a situation where good news for the broader economy means bad news for these particular companies, all of which benefited greatly from the pandemic. But on Tuesday, it appeared that traders' recent concerns about the impact of the omicron coronavirus variant were diminishing, and long-term bond yields and oil prices rose, putting pressure on these \"stay at home\" growth stocks.IMAGE SOURCE: GETTY IMAGES.So whatNone of the aforementioned companies made any specific announcements Tuesday, so their sell-offs likely had more to do with macroeconomic factors. On Tuesday, the 10-year Treasury bond yield and the price of crude oil both rose, indicating that investors may be anticipating both a strengthening economy and a relatively rapid emergence from the sharp omicron surge now impacting the country.In recent days, former Food and Drug Administration Commissioner Dr. Scott Gottlieb stated publicly via a variety of media outlets that the omicron surge in the hardest-hit parts of the U.S. may reach its peak in a couple of weeks, and that the national peak could possibly occur in February.Good news on the economy means good news for stocks, right? Well, not for these particular stocks. Obviously, Zoom soared early in the pandemic as people learned how to work, teach, and communicate from home through its easy-to-use platform. Tens of millions of employees suddenly working from home and accessing their companies' systems via the cloud also made organizations more vulnerable to cyberattacks, boosting demand for the services of cybersecurity specialist Zscaler. And obviously, when people are afraid (or unable) to go to restaurants or grocery stores, they'll be more likely to turn to services like Grubhub, which was purchased by Just Eat Takeaway in June 2020. So any reason for optimism about the future course of the pandemic is bad news for these stocks.Not only that, but the aforementioned companies are also growth stocks that are still trading at high valuations, even after a difficult November and December. Zoom's share price looks more reasonable after it was cut in half over the past year, but it still trades at 48 times earnings -- not exactly a bargain if its growth rate meaningfully decelerates. Zscaler will continue to help enterprises improve their cybersecurity regardless of what social distancing measures they need to take, but it trades at a whopping 55 times sales -- not earnings,sales. Just Eat also isn't profitable today, and probably won't be for a while due to wage pressures and management's continued investment in growth.So whatFor young investors, I still think growth stocks are the place to be over the long term. However, the market could actually be entering a rocky period for high-growth software and internet plays that aren't yet making material net profits.As the economy continues to reopen and interest rates rise, investors may feel the need to shift more of their assets into lower-valued sectors such as financials and energy, which have lagged the technology sector over much of the past decade -- and especially during the pandemic. It may not be exactly like the dot-com crash of 2000, but the market may well begin to favor non-technology sectors in 2022.Some investors may wish to hold onto these tech companies through the volatility for the long term, but you'll really have to believe in them strongly, given the valuation pressures and the way that investor sentiment is gravitating elsewhere.","news_type":1,"symbols_score_info":{"ZS":0.9,"GRUB":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":2537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358032,"gmtCreate":1641349659829,"gmtModify":1641349659829,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358032","repostId":"1142604198","repostType":4,"isVote":1,"tweetType":1,"viewCount":3686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695180751,"gmtCreate":1641366227673,"gmtModify":1641366227779,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695180751","repostId":"695049717","repostType":1,"isVote":1,"tweetType":1,"viewCount":1932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358202,"gmtCreate":1641349730400,"gmtModify":1641349730400,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358202","repostId":"1130789701","repostType":4,"isVote":1,"tweetType":1,"viewCount":2260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358166,"gmtCreate":1641349702283,"gmtModify":1641349702283,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358166","repostId":"1158741589","repostType":4,"repost":{"id":"1158741589","kind":"news","pubTimestamp":1641348441,"share":"https://www.laohu8.com/m/news/1158741589?lang=zh_CN&edition=full","pubTime":"2022-01-05 10:07","market":"us","language":"en","title":"Is Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158741589","media":"Motley Fool","summary":"Apple(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to ","content":"<p><html><head></head><body><b>Apple</b>(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It&#39;s a big feat, and a big round number. What can the world&#39;s most valuable company do for an encore later in 2022?</p><p><blockquote><html><head></head><body><b>苹果</b>（纳斯达克：AAPL）以flair开启了新的一年，周一成为第一家市值突破3万亿美元的上市公司。这是一个伟大的壮举，也是一个很大的整数。这家全球最有价值的公司能为2022年晚些时候的安可做些什么？</body></html></blockquote></p><p>Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It&#39;s a logical choice, and inertia is certainly in its favor. However, it&#39;s just as easy to see Apple fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.</p><p><blockquote>第一家冲击3万亿美元的公司会成为第一家突破4万亿美元的公司吗？这是一个合乎逻辑的选择，惯性当然对它有利。然而，很容易看到苹果跌至2万亿美元——特别是如果市场在对科技巨头有利的一年之后出现调整，而忽视了大多数规模较小的成长型股票。</blockquote></p><p>The battlefield is set. Will Apple fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value. Let&#39;s check with both camps.</p><p><blockquote>战场已定。苹果会跌至2万亿美元吗？它会继续攀升至4万亿美元吗？苹果的市值为3万亿美元，计算起来很简单，因为它基本上可以归结为它是会损失三分之一的价值还是会上涨三分之一的价值。让我们向两个阵营核实一下。</blockquote></p><p><b>The case for $2 trillion</b></p><p><blockquote><b>2万亿美元的案例</b></blockquote></p><p>The consumer tech tastemaker has been a wealth-altering investment over the years, but that doesn&#39;t mean that it only moves up. Apple has shed more than a third of its value five times over the past 16 years, averaging a major drawdown every three years. The last pullback was naturally two years ago, when the market initially tanked as a result of the COVID-19 crisis hitting the U.S., but Apple fared better than most growth stocks with a mere 35% decline at that point. The stock has more than tripled from the last drawdown 22 months ago, so one might even suggest that Apple is due for a swift correction.</p><p><blockquote>多年来，消费科技引领者一直是一项改变财富的投资，但这并不意味着它只会上涨。在过去的16年里，苹果已经五次缩水超过三分之一，平均每三年大幅缩水一次。上一次回调自然是在两年前，当时市场最初因新冠肺炎危机袭击美国而暴跌，但苹果的表现优于大多数成长型股票，当时仅下跌了35%。自22个月前上次下跌以来，该股已上涨两倍多，因此有人甚至可能认为苹果将迅速调整。</blockquote></p><p>Right now it&#39;s easy to be bullish on Apple. As big as the class act of Cupertino may be, it still managed to grow its net sales by 33% in fiscal 2021. However, just as the stock averages a drawdown every three years, it has seen a spike in sales once every three years when there&#39;s a major iPhone upgrade. Apple&#39;s top line saw double-digit growth in fiscal 2012, 2015, 2018, and 2021. The years between those pops all saw single-digit or sometimes even negative top-line growth. History looks set to repeat, as analysts see net sales climbing just 4% this year and 5% in fiscal 2023.</p><p><blockquote>现在很容易看好苹果。尽管库比蒂诺的集体诉讼规模可能很大，但该公司在2021财年的净销售额仍然增长了33%。然而，正如该股平均每三年下跌一次一样，当iPhone进行重大升级时，其销量每三年就会飙升一次。苹果的营收在2012、2015、2018和2021财年实现了两位数增长。在这两次流行之间的几年里，营收增长都是个位数，有时甚至是负增长。历史似乎即将重演，分析师预计今年净销售额仅增长4%，2023财年仅增长5%。</blockquote></p><p>Another thing about the iPhone -- clearly the primary driver here at 52% of the $365.8 billion in sales Apple posted for all of fiscal 2021 -- is that it&#39;s not growing market share. This continues to be an Android world for the masses, and that&#39;s not expected to change anytime soon.</p><p><blockquote>iPhone的另一件事是它的市场份额并没有增长——显然是苹果2021财年3658亿美元销售额的52%——显然是主要驱动力。对于大众来说，这仍然是一个Android世界，预计这种情况不会很快改变。</blockquote></p><p>The iPhone&#39;s market share peaked nine years ago. It&#39;s been sliding outside of the short-lived spikes, with Android growing at the expense of Apple&#39;s iOS. Here&#39;s the percentage of worldwide smartphone shipments that are expected to be iPhones in the coming years, according to industry tracker IDC:</p><p><blockquote>iPhone的市场份额在九年前达到顶峰。随着Android的增长以牺牲苹果的iOS为代价，它一直在滑出短暂的高峰。根据行业跟踪机构IDC的数据，以下是未来几年iPhone预计占全球智能手机出货量的百分比：</blockquote></p><p><ul><li>2021 -- 16.2%</li><li>2022 -- 15.9%</li><li>2023 -- 15.6%</li><li>2024 -- 15.3%</li><li>2025 -- 15.1%</li></ul>The iPhone may have the high-end market cornered, and the new M1-powered Macs look pretty sweet. However, these are premium products. If the economy buckles -- and you know that&#39;s a very realistic scenario right now -- Apple could easily give back a third of the monster gains it has garnered over the past two years.</p><p><blockquote><ul><li>2021--16.2%</li><li>2022--15.9%</li><li>2023--15.6%</li><li>2024--15.3%</li><li>2025--15.1%</li></ul>iPhone可能会垄断高端市场，而新的M1驱动的MAC看起来相当不错。然而，这些都是优质产品。如果经济崩溃——你知道这是目前非常现实的情况——苹果可以很容易地收回过去两年获得的巨额收益的三分之一。</blockquote></p><p><b>The case for $4 trillion</b></p><p><blockquote><b>4万亿美元的案例</b></blockquote></p><p>Apple stock isn&#39;t exactly cheap, and at 33 times trailing earnings it&#39;s a rich price for a stock that musters double-digit growth just once every three years. However, there&#39;s something to be said about essentially cornering the market for people willing to pay a premium for phones, tablets, and computers.</p><p><blockquote>苹果的股票并不便宜，其往绩市盈率为33倍，对于一只每三年才出现两位数增长的股票来说，这是一个很高的价格。然而，对于愿意为手机、平板电脑和电脑支付高价的人来说，这基本上是垄断了市场。</blockquote></p><p>Apple&#39;s ability to command a healthy mark-up on its products makes it special, and that&#39;s before we consider the high-margin power of its services segment, which now accounts for nearly a fifth of its revenue. Apple may be at $3 trillion for the time being, but the company itself has never been as potent as it is right now.</p><p><blockquote>苹果对其产品进行健康加价的能力使其与众不同，这是在我们考虑其服务部门的高利润能力之前，该部门目前占其收入的近五分之一。苹果目前可能达到3万亿美元，但该公司本身从未像现在这样强大。</blockquote></p><p>What if this isn&#39;t the peak? What if the mobile5G revolution extends the upgrade cycle? Apple has routinely defined markets -- for everything from tablets to smartphones to smartwatches -- where others have fallen short. Do you really think an Apple car wouldn&#39;t sell briskly if it ever came out? Apple is unique in that it succeeds far more than it fails when it thinks outside the box. It&#39;s true that the stock&#39;s valuation isn&#39;t for the timid, and it&#39;s not as if its 0.5% yield is wooing income investors. However, Apple finds a way to make magic happen. Hitting $4 trillion would be just the next trick for tech&#39;s ultimate magician that can always read your mind. It&#39;s a gift that you don&#39;t want to be against.</p><p><blockquote>如果这不是高峰呢？如果mobile5G革命延长了升级周期怎么办？苹果经常定义市场——从平板电脑到智能手机再到智能手表的所有产品——而其他公司却做不到这一点。你真的认为苹果汽车一旦上市就不会畅销吗？苹果的独特之处在于，当它跳出框框思考时，它的成功远远多于失败。确实，该股的估值不适合胆小的人，而且其0.5%的收益率也没有吸引收益投资者。然而，苹果找到了一种让奇迹发生的方法。对于总能读懂你心思的科技终极魔术师来说，达到4万亿美元将是下一个魔术。这是一份你不想反对的礼物。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple Stock's Next Stop $2 Trillion or $4 Trillion?<blockquote>苹果股票的下一站是2万亿美元还是4万亿美元？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2022-01-05 10:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Apple</b>(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It&#39;s a big feat, and a big round number. What can the world&#39;s most valuable company do for an encore later in 2022?</p><p><blockquote><html><head></head><body><b>苹果</b>（纳斯达克：AAPL）以flair开启了新的一年，周一成为第一家市值突破3万亿美元的上市公司。这是一个伟大的壮举，也是一个很大的整数。这家全球最有价值的公司能为2022年晚些时候的安可做些什么？</body></html></blockquote></p><p>Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It&#39;s a logical choice, and inertia is certainly in its favor. However, it&#39;s just as easy to see Apple fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.</p><p><blockquote>第一家冲击3万亿美元的公司会成为第一家突破4万亿美元的公司吗？这是一个合乎逻辑的选择，惯性当然对它有利。然而，很容易看到苹果跌至2万亿美元——特别是如果市场在对科技巨头有利的一年之后出现调整，而忽视了大多数规模较小的成长型股票。</blockquote></p><p>The battlefield is set. Will Apple fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value. Let&#39;s check with both camps.</p><p><blockquote>战场已定。苹果会跌至2万亿美元吗？它会继续攀升至4万亿美元吗？苹果的市值为3万亿美元，计算起来很简单，因为它基本上可以归结为它是会损失三分之一的价值还是会上涨三分之一的价值。让我们向两个阵营核实一下。</blockquote></p><p><b>The case for $2 trillion</b></p><p><blockquote><b>2万亿美元的案例</b></blockquote></p><p>The consumer tech tastemaker has been a wealth-altering investment over the years, but that doesn&#39;t mean that it only moves up. Apple has shed more than a third of its value five times over the past 16 years, averaging a major drawdown every three years. The last pullback was naturally two years ago, when the market initially tanked as a result of the COVID-19 crisis hitting the U.S., but Apple fared better than most growth stocks with a mere 35% decline at that point. The stock has more than tripled from the last drawdown 22 months ago, so one might even suggest that Apple is due for a swift correction.</p><p><blockquote>多年来，消费科技引领者一直是一项改变财富的投资，但这并不意味着它只会上涨。在过去的16年里，苹果已经五次缩水超过三分之一，平均每三年大幅缩水一次。上一次回调自然是在两年前，当时市场最初因新冠肺炎危机袭击美国而暴跌，但苹果的表现优于大多数成长型股票，当时仅下跌了35%。自22个月前上次下跌以来，该股已上涨两倍多，因此有人甚至可能认为苹果将迅速调整。</blockquote></p><p>Right now it&#39;s easy to be bullish on Apple. As big as the class act of Cupertino may be, it still managed to grow its net sales by 33% in fiscal 2021. However, just as the stock averages a drawdown every three years, it has seen a spike in sales once every three years when there&#39;s a major iPhone upgrade. Apple&#39;s top line saw double-digit growth in fiscal 2012, 2015, 2018, and 2021. The years between those pops all saw single-digit or sometimes even negative top-line growth. History looks set to repeat, as analysts see net sales climbing just 4% this year and 5% in fiscal 2023.</p><p><blockquote>现在很容易看好苹果。尽管库比蒂诺的集体诉讼规模可能很大，但该公司在2021财年的净销售额仍然增长了33%。然而，正如该股平均每三年下跌一次一样，当iPhone进行重大升级时，其销量每三年就会飙升一次。苹果的营收在2012、2015、2018和2021财年实现了两位数增长。在这两次流行之间的几年里，营收增长都是个位数，有时甚至是负增长。历史似乎即将重演，分析师预计今年净销售额仅增长4%，2023财年仅增长5%。</blockquote></p><p>Another thing about the iPhone -- clearly the primary driver here at 52% of the $365.8 billion in sales Apple posted for all of fiscal 2021 -- is that it&#39;s not growing market share. This continues to be an Android world for the masses, and that&#39;s not expected to change anytime soon.</p><p><blockquote>iPhone的另一件事是它的市场份额并没有增长——显然是苹果2021财年3658亿美元销售额的52%——显然是主要驱动力。对于大众来说，这仍然是一个Android世界，预计这种情况不会很快改变。</blockquote></p><p>The iPhone&#39;s market share peaked nine years ago. It&#39;s been sliding outside of the short-lived spikes, with Android growing at the expense of Apple&#39;s iOS. Here&#39;s the percentage of worldwide smartphone shipments that are expected to be iPhones in the coming years, according to industry tracker IDC:</p><p><blockquote>iPhone的市场份额在九年前达到顶峰。随着Android的增长以牺牲苹果的iOS为代价，它一直在滑出短暂的高峰。根据行业跟踪机构IDC的数据，以下是未来几年iPhone预计占全球智能手机出货量的百分比：</blockquote></p><p><ul><li>2021 -- 16.2%</li><li>2022 -- 15.9%</li><li>2023 -- 15.6%</li><li>2024 -- 15.3%</li><li>2025 -- 15.1%</li></ul>The iPhone may have the high-end market cornered, and the new M1-powered Macs look pretty sweet. However, these are premium products. If the economy buckles -- and you know that&#39;s a very realistic scenario right now -- Apple could easily give back a third of the monster gains it has garnered over the past two years.</p><p><blockquote><ul><li>2021--16.2%</li><li>2022--15.9%</li><li>2023--15.6%</li><li>2024--15.3%</li><li>2025--15.1%</li></ul>iPhone可能会垄断高端市场，而新的M1驱动的MAC看起来相当不错。然而，这些都是优质产品。如果经济崩溃——你知道这是目前非常现实的情况——苹果可以很容易地收回过去两年获得的巨额收益的三分之一。</blockquote></p><p><b>The case for $4 trillion</b></p><p><blockquote><b>4万亿美元的案例</b></blockquote></p><p>Apple stock isn&#39;t exactly cheap, and at 33 times trailing earnings it&#39;s a rich price for a stock that musters double-digit growth just once every three years. However, there&#39;s something to be said about essentially cornering the market for people willing to pay a premium for phones, tablets, and computers.</p><p><blockquote>苹果的股票并不便宜，其往绩市盈率为33倍，对于一只每三年才出现两位数增长的股票来说，这是一个很高的价格。然而，对于愿意为手机、平板电脑和电脑支付高价的人来说，这基本上是垄断了市场。</blockquote></p><p>Apple&#39;s ability to command a healthy mark-up on its products makes it special, and that&#39;s before we consider the high-margin power of its services segment, which now accounts for nearly a fifth of its revenue. Apple may be at $3 trillion for the time being, but the company itself has never been as potent as it is right now.</p><p><blockquote>苹果对其产品进行健康加价的能力使其与众不同，这是在我们考虑其服务部门的高利润能力之前，该部门目前占其收入的近五分之一。苹果目前可能达到3万亿美元，但该公司本身从未像现在这样强大。</blockquote></p><p>What if this isn&#39;t the peak? What if the mobile5G revolution extends the upgrade cycle? Apple has routinely defined markets -- for everything from tablets to smartphones to smartwatches -- where others have fallen short. Do you really think an Apple car wouldn&#39;t sell briskly if it ever came out? Apple is unique in that it succeeds far more than it fails when it thinks outside the box. It&#39;s true that the stock&#39;s valuation isn&#39;t for the timid, and it&#39;s not as if its 0.5% yield is wooing income investors. However, Apple finds a way to make magic happen. Hitting $4 trillion would be just the next trick for tech&#39;s ultimate magician that can always read your mind. It&#39;s a gift that you don&#39;t want to be against.</p><p><blockquote>如果这不是高峰呢？如果mobile5G革命延长了升级周期怎么办？苹果经常定义市场——从平板电脑到智能手机再到智能手表的所有产品——而其他公司却做不到这一点。你真的认为苹果汽车一旦上市就不会畅销吗？苹果的独特之处在于，当它跳出框框思考时，它的成功远远多于失败。确实，该股的估值不适合胆小的人，而且其0.5%的收益率也没有吸引收益投资者。然而，苹果找到了一种让奇迹发生的方法。对于总能读懂你心思的科技终极魔术师来说，达到4万亿美元将是下一个魔术。这是一份你不想反对的礼物。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2022/01/04/is-apple-stocks-next-stop-2-trillion-or-4-trillion/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/01/04/is-apple-stocks-next-stop-2-trillion-or-4-trillion/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158741589","content_text":"Apple(NASDAQ:AAPL)kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It's a big feat, and a big round number. What can the world's most valuable company do for an encore later in 2022?Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It's a logical choice, and inertia is certainly in its favor. However, it's just as easy to see Apple fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.The battlefield is set. Will Apple fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value. Let's check with both camps.The case for $2 trillionThe consumer tech tastemaker has been a wealth-altering investment over the years, but that doesn't mean that it only moves up. Apple has shed more than a third of its value five times over the past 16 years, averaging a major drawdown every three years. The last pullback was naturally two years ago, when the market initially tanked as a result of the COVID-19 crisis hitting the U.S., but Apple fared better than most growth stocks with a mere 35% decline at that point. The stock has more than tripled from the last drawdown 22 months ago, so one might even suggest that Apple is due for a swift correction.Right now it's easy to be bullish on Apple. As big as the class act of Cupertino may be, it still managed to grow its net sales by 33% in fiscal 2021. However, just as the stock averages a drawdown every three years, it has seen a spike in sales once every three years when there's a major iPhone upgrade. Apple's top line saw double-digit growth in fiscal 2012, 2015, 2018, and 2021. The years between those pops all saw single-digit or sometimes even negative top-line growth. History looks set to repeat, as analysts see net sales climbing just 4% this year and 5% in fiscal 2023.Another thing about the iPhone -- clearly the primary driver here at 52% of the $365.8 billion in sales Apple posted for all of fiscal 2021 -- is that it's not growing market share. This continues to be an Android world for the masses, and that's not expected to change anytime soon.The iPhone's market share peaked nine years ago. It's been sliding outside of the short-lived spikes, with Android growing at the expense of Apple's iOS. Here's the percentage of worldwide smartphone shipments that are expected to be iPhones in the coming years, according to industry tracker IDC:2021 -- 16.2%2022 -- 15.9%2023 -- 15.6%2024 -- 15.3%2025 -- 15.1%The iPhone may have the high-end market cornered, and the new M1-powered Macs look pretty sweet. However, these are premium products. If the economy buckles -- and you know that's a very realistic scenario right now -- Apple could easily give back a third of the monster gains it has garnered over the past two years.The case for $4 trillionApple stock isn't exactly cheap, and at 33 times trailing earnings it's a rich price for a stock that musters double-digit growth just once every three years. However, there's something to be said about essentially cornering the market for people willing to pay a premium for phones, tablets, and computers.Apple's ability to command a healthy mark-up on its products makes it special, and that's before we consider the high-margin power of its services segment, which now accounts for nearly a fifth of its revenue. Apple may be at $3 trillion for the time being, but the company itself has never been as potent as it is right now.What if this isn't the peak? What if the mobile5G revolution extends the upgrade cycle? Apple has routinely defined markets -- for everything from tablets to smartphones to smartwatches -- where others have fallen short. Do you really think an Apple car wouldn't sell briskly if it ever came out? Apple is unique in that it succeeds far more than it fails when it thinks outside the box. It's true that the stock's valuation isn't for the timid, and it's not as if its 0.5% yield is wooing income investors. However, Apple finds a way to make magic happen. Hitting $4 trillion would be just the next trick for tech's ultimate magician that can always read your mind. It's a gift that you don't want to be against.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":695358956,"gmtCreate":1641349672049,"gmtModify":1641349672049,"author":{"id":"3584171793267416","authorId":"3584171793267416","name":"Thanu","avatar":"https://static.tigerbbs.com/eda817d475b26dab803017c14473cdab","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584171793267416","authorIdStr":"3584171793267416"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/695358956","repostId":"1138188839","repostType":4,"isVote":1,"tweetType":1,"viewCount":2088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}