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$GRMN 2Q15 PR: Operating income for the quarter was $167MM compared to $219MM in 2Q14. Gross profit for the quarter was $419MM compared to $444MM in 2Q14. Gross profit and operating margins were 54% and 22%, respectively, and were impacted by unfavorable currency movements and the higher mix of promotional products sold during the quarter.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.