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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 22, 2015
Page
13
Harley Davidson shares rose 5 percent to 57.67 after beating Q2 earnings by five cents on 1.44 per share, aided by currency headwinds from a strong dollar. The rise follows a solid quarter despite mixed macro signals.
FCC moves toward approving AT T DirecTV merger with conditions including 12.5 million fiber locations and a ban on excluding affiliated services from data caps. DOJ says it will not block the deal as regulators weigh broader implications for nationwide TV access and bundled services.
Apple’s fiscal Q3 earnings show a strong iPhone performance with 47.5 million units shipped and revenue of 49.6 billion, but the company offers a cautious forecast of 49 to 51 billion. Apple Watch shipments remain undisclosed, fueling doubt about its sales and long term strategy alongside iPad declines and 6 and 6 Plus demand.
Apple reports strong fiscal results with forecasted 2015 growth that surpasses Google but warns of tougher year over year comparisons. The iPhone 6 rollout, led by China, lifts revenue and profits yet analysts foresee slower gains next year as markets mature. Tim Cook must sustain demand to offset an anticipated iPhone slowdown.
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