Want to join the conversation?
$VNO 2Q15 Call: Our 2Q15 comparable FFO was $2.30 per share, 5.7% higher than 2Q14. Excluding income in 2Q14 from asset sales of our real estate fund, asset sales really should not be included in FFO at all. But excluding those fund asset sales, comparable FFO per share would have increased a whopping 20%.
Apple ($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%."