Want to join the conversation?
$SYK 1Q15 10-Q: Orthopaedics net sales rose 2.4%, primarily due to 9.6% growth in unit volume and product mix changes and 1% due to acquisitions. MedSurg rose 4.6%, primarily due to 3.9% growth in unit volume and product mix changes, 3.5% due to acquisitions and 0.4% due to changes in price. Neurotechnology and Spine net sales rose 2.1%.
Apple ($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%."