Boring Quarter and Outlook for Apple

Apple reported largely inline results for its 4Q16 ending September 30.  Guidance for 1Q16, encompassing the very large holiday quarter, also was close to Wall Street expectations.  The shares are trading off several percent this morning following last night’s report and conference call.  We see this mostly as a result of the 25% move higher […]

Comcast: The Cord is Strong

Despite the almost daily articles about cord cutting and cord shaving and OTT services and the end of cable TV as we have known it, Comcast continues to grow at a steady rate.  In 3Q16, cable revenue grew 7% and cable operating cash flow grew 6%.  Comcast added over 200,000 new subscribers and good old […]