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$RSG's revenue for the year ended December 31, 2015 increased by 3.5% to $9.1Bil. Pretax income was $1.19Bil in 2015. Net income attributable to $RSG was $749.9MM or $2.13 per diluted share for 2015 compared to $547.6MM or $1.53 per diluted share for 2014. $RSG expects 2016 revenue to increase by approx. 2.5-3%.
Apple ($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%."