Apple (AAPL) reported slightly disappointing earnings relative to very high expectations. iPhone shipments of 47.5 million fell a little short of 50 million plus expectations and while the company did not breakout Watch sales, it is easy to infer a range of 2-3 million, short of the 3-4 million consensus. Guidance for the September quarter […]
Google (GOOG/GOOGL) reported slightly better than expected 2Q15 earnings. Revenue growth picked up slightly after a long string of decelerating growth quarters. This proved reassuring to investors concerned about Google’s long-term growth rate amid a shift to mobile where app usage theoretically hurts traditional search which Google dominates. Equally important for the stock, expense growth […]
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