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$PG 3Q15 10-Q: Segment Sales: Beauty, Hair & Personal Care $4,172MM vs. $4,691MM in 3Q14. Grooming $1,801MM vs. $1,863MM in 3Q14. Health Care $1,909MM vs. $1,938MM in 3Q14. Fabric & Home Care $5,248MM vs. $5,775MM in 3Q14. Baby, Feminine & Family Care $4,890MM vs. $5,177MM in 3Q14. Corporate $122MM vs. $197MM in 3Q14.
Apple ($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%."