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Electric utility holding company $SO's construction program is estimated to total $7.3Bil for 2016, $5.2Bil for 2017, and $5.5Bil for 2018. These include expenditures of approx. $0.7Bil related to construction & start-up of Kemper IGCC in 2016 and $0.6Bil, $0.7Bil & $0.4Bil to continue construction on Plant Vogtle Units 3 & 4 in 2016, 2017 & 2018.
Apple ($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%."