Want to join the conversation?
$HOG expects to ship 264,000-269,000 motorcycles in 2016. This is approx. down 1% to up 1% from 2015. In 4Q16, the company expects to ship 44,200-49,200 motorcycles. For 2016, $HOG expects operating margin to be approx. 15-16% for the Motorcycles segment. Total company Capex is expected to be $255-275MM in 2016.
Apple ($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%."