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$HIMX 2Q15 PR: Diluted earnings per ADS attributable to Himax stockholders was $0.051 compared to $0.14 in 2Q14. GAAP earnings per diluted ADS decreased to $0.05 from $0.07 in 1Q15, beating guidance. As of June 30 2015, Himax had 171.2MM ADSs outstanding, unchanged from 1Q15. On a fully diluted basis, the total number of ADSs outstanding is 172.2MM
Apple ($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%."