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$MSI 2Q15 PR: Net Sales of $1.4Bil, down 2%, including $53MM of unfavorable foreign currency impact. North America sales grew 5%, driven primarily by Product segment sales. Net earnings attributable to Motorola Solutions, Inc. were $142MM compared to $824MM in 2Q14. GAAP operating margin was 18.6% of sales in 2Q15 compared with 9.9% in 2Q14.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.