Want to join the conversation?
$JEC 3Q15 Call: Roughly 70% of total revenue was related to Field Services which in turn was impacted by lower pass-through revenues. Realized positive below the line performance resulting in adjusted EPS increasing to $0.97 per share. This includes a headwind of 3% from FX and $0.19 discrete tax benefit associated with refinancing.
Apple ($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%."