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$GLW 2Q15 Q&A: Regarding a question asked by Mohan of BofA about display profitability expectations, Wendell commented that with less volume, GLW would expect not to have the ability to hit the flatness it’s hoping for in display; probably little bit down. Display team is working on how to do better on cost reduction in this period of lower demand.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.