Apple reported another quarter of stunning results. Not quite as good as the December quarter but still something to behold. Revenues of $39.2 billion exceeded consensus by about $5 billion. EPS of $12.30 compared to a consensus estimate of $10.04. These results also exceeded the “whisper” numbers which were 10-15% above consensus. Apple’s great numbers […]
I alwasy have viewed EMC as a core holding. I am not expecting Apple or Google or Facebook or Qualcomm. Just nice steady growth with very high visibility and consistency. EMC’s storage products and solutions are absolutely critical to the world of internet based computing, communication, and entertainment. Storage is a high priority, mission critical […]
Qualcomm (QCOM) exceeded its own guidance and analyst estimates with its March quarter results. Sales grew 28% and net income was up 21% indicating the underlying strength for QCOM’s technology and chips. Despite the strong quarter, the stock is down 5% today because the company guided revenues, earnings, and chip shipments slightly below consensus for […]
Despite Google (GOOG) stock getting a drubbing today I am more comfortable with the shares than I was before the earnings report last night. The report was largely in line. Revenues were as expected/ EPS upside was from tax rate and good expense control that juiced margins. I think expenses are a little lumpy at […]
For the month of April, Northlake’s Market Cap signals switched from favoring small cap to favoring mid cap. As a result, client positions in the Russell 2000 (IWM) have been swapped into the S&P 400 Mid Cap (MDY). The Style model remains on a growth signal so client positions in the Russell 1000 Growth (IWF) […]
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