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Bernstein analyst Toni Sacconaghi suggested that the current guidance implies a 15-20% unit decline in iPhone for 2Q16. $AAPL CEO Tim Cook said that iPhone unit sales will decline in 2Q16, but not to the 15-20% level. He also added that Q2 is a "toughest compare" and the current environment on a macro level is dramatically different.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!