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$AMT 2Q15 10-Q: Cash and cash equivalents as of June 30, 2015 were $274.7MM vs. $282.96MM as of June 20, 2014. Total assets as of June 30, 2015 were $26.47Bil vs. $20.85Bil as of June 30, 2014. Total liabilities were $19.1Bil at 2Q15-end vs. $16.44Bil at 2Q14-end. Goodwill as of June 30, 2015 was 4.04Bil vs. $4.03Bil as of June 30, 2014.
Apple ($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%."