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$UNP 1Q15 10-Q: Employee levels increased 6% in 1Q15 vs. 1Q14. Operating ratio improved 2.3 points to a 1Q record of 64.8% in 1Q15 vs. 1Q14. Interest expense grew due to an increased weighted-average debt level of $12.1Bil in 1Q15 vs. $10.1Bil 1Q14, partially offset by a lower effective interest rate of 4.9% vs. 5.6%.
Apple ($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%."