Want to join the conversation?
$RCL 2Q15 PR: Total revenues were $2,058.32MM compared to $1,980MM in 2Q14. On constant-currency, net revenue yields are now expected to increase in range of 2.9-3.9% compared to previous guidance of 2.5-4%. Net income for the quarter was $184.97MM compared to $137.67MM in 2Q14. Operating income was $261.3MM compared to $195.59MM 2Q14.
Apple ($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%."