Want to join the conversation?
$CERN 2Q15 Q&A: Percher of Barclays asked about operative margin. Marc replied it is a mix to some extent, but there are some real savings on spending side that we've incurred. Part of it is on the services business where we are just starting to ramp up hiring now to meet the 2015 bookings demand that we saw in 1H15 and we expect to see in the 2H15
Apple ($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%."