Discovery Communications (DISCK) shares have traded off 5% since reporting June quarter earnings. The underlying organic growth rates were largely in line with estimates but accounting adjustments related to the company’s acquisitions in Europe earlier this year led to a reduction in net income guidance for the year and miss on reported EPS for the […]
After a lot of worry on the part of investors, Qualcomm (QCOM) reported solid June quarter results and provided guidance for more the same. QCOM shares have lagged in 2013 due to investor fears about a slowdown in high end smartphone demand. Despite signs of slower growth (offset by a positive surprise in iPhone volumes […]
Apple (AAPL) reported a better quarter although earnings are still down year-over-year. I expect that earnigns will turn positive again in the Decemebr quarter and growth will pick up as next year moves along, partially due to very easy comparisons beginning next spring. Renewal of earnings and product momentum is critical to get AAPL shares […]
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