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$FFIV 3Q15 PR: For 3Q15, F5 Networks, Inc. announced revenue of $483.6MM, up 2% from $472.1MM in 2Q15 and 10% from $440.3MM in 3Q14. GAAP net income was $93.2MM or $1.29 per diluted share, compared to $85.7MM or $1.18 per diluted share in 2Q15 and $79.5MM or $1.05 per diluted share in 3Q14.
Apple ($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%."