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$NTRS 1Q15 10-Q: As of March 31, 2015, total assets were 106.95Bil vs. $103.83Bil as of March 31, 2014. Total liabilities were $98.34Bil vs. $95.88Bil as of March 31, 2014. Long-term debt was $1.39Bil vs. $1.73Bil as of March 31, 2014. Foreign exchange trading income totaled $71.6MM, up $21.5MM vs. $50.1MM in 1Q14.
Apple ($AAPL) reported decline in sales and profits from comparable quarter last year, attributing the decline to announcement of iPhone 7/7s. Sales and profit are being guided higher for next quarter. Apple is a solid company and will continue to dominate tech and consumer electronics segment for a while. Personally, looks like there is little downside in this investment.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."