Want to join the conversation?
$HPQ 3Q15 Call: HPQ delivered non-GAAP diluted EPS of $0.88, above its previously provided outlook range. HPQ delivered $856MM in free cash flow, in line with its expectations and returned $670MM to shareholders in the form of share repurchases and dividends. All while executing with military precision one of the largest separation of HPQ.
Apple ($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%."