Apple Shares Surge Post Reporting Quarter Beat- Heading Toward $1T Valuation?

Apple (AAPL) announced financial results for its fiscal 2017 Q4 ended September 30, 2017. The Company posted quarterly revenue of $52.6B, an increase of 12% from the year-ago quarter, and quarterly earnings per diluted share of $2.07, up 24%. International sales accounted for 62% of the quarter’s revenue.

Apple also provided the following guidance for its fiscal 2018 first quarter:

  • revenue between $84 billion and $87 billion
  • gross margin between 38 percent and 38.5 percent
 operating expenses between $7.65 billion and $7.75 billion
  • other income/(expense) of $600 million
 tax rate of 25.5 percent

Tim Cook, Apple’s CEO stated, “We’re happy to report a very strong finish to a great fiscal 2017, with record fourth quarter revenue, year-over-year growth for all our product categories, and our best quarter ever for Services. With fantastic new products including iPhone 8 and iPhone 8 Plus, Apple Watch Series 3, and Apple TV 4K joining our product lineup, we’re looking forward to a great holiday season, and with the launch of iPhone X getting underway right now, we couldn’t be more excited as we begin to deliver our vision for the future with this stunning device.”

Apple’s board of directors has declared a cash dividend of $0.63 per share of the Company’s common stock. The dividend is payable on November 16, 2017 to shareholders of record as of the close of business on November 13, 2017.

AAPL shares closed up today $168.11 up +1.22% with a market cap of $868.33B. It would seem that the company may be on track to hit $1T in valuation if they are able to continue their current pace or manage to achieve even greater growth.

To learn more about Apple (AAPL) and to track its progress please visit the Vista Partners Company Dedicated AAPL Coverage Page.

Apple Reports Fourth Quarter Results

Apple® today announced financial results for its fiscal 2017 fourth quarter ended September 30, 2017. The Company posted quarterly revenue of $52.6 billion, an increase of 12 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.07, up 24 percent…

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Asian Markets Spiked Post Fed Decision But Settled

Asian market shares moved up post the Fed’s decision to not raise rates Wednesday, confirm economic growth and virtually assure a December raise hike that is widely suggested and expected.

  • MSCI hit its highest levels since November 2007 but closed just above.
  • Australian shares reached a 2.5 year high but reversed gains to close down 0.1%.
  • China’s CSI300 index was down 0.2%.
  • Shanghai Composite Index decline 0.4%.
  • Japan’s Nikkei stock index (.N225) finished up 0.5% at its highest close since June 1996.

Global stocks edge up after U.S. tax plan, Powell nomination; sterling drops

World stock markets edged higher on Thursday, with Wall Street up slightly and the U.S. dollar modestly weaker after details of a Republican tax plan were released and the nomination of Jerome Powell as the new head of the Federal Reserve. “Everyone knows it is a long shot, there is not a bunch..

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Verizon Announces Tender Offers & Extends Data Relief for Customers In Areas Impacted by Northern CA Wildfires

Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of five separate offers to purchase for cash (the “Offers”) any and all of the outstanding series of notes listed below (collectively, the “Notes”), on the terms and subject to the conditions set forth in the Offer to Purchase dated October 16, 2017. See link to complete details in the original story below.

Verizon also announced recently that it is extending its initial data relief offer for customers impacted by the wildfires in Northern California by three days, through October 18, 2017. For customers in qualified counties in Northern California, Verizon is giving postpaid customers talk, text and data relief while prepaid customers receive an extra 3 GB for talk, text and data.

To learn more about Verizon (VZ) and to track its progress please visit the Vista Partners Company Dedicated Coverage Page.

Verizon announces tender offers for five series of its notes

NEW YORK, Oct. 16, 2017 /PRNewswire/ — Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of five separate offers to purchase for cash (the “Offers”) any and all of the outstanding series of notes listed below (collectively, the “Notes..

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Coca-Cola Company & AB InBev Complete Transition of Majority Ownership in Coca-Cola Beverages Africa

The Coca-Cola Company (KO) is the world’s largest total beverage company, offering over 500 brands to people in more than 200 countries. Of their 21 billion-dollar brands, 19 are available in lower- and no-sugar options to help people everywhere more easily control added sugar. In addition to their namesake Coca-Cola drinks, some of their household names around the world include: AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater, and Zico coconut water. Together with their bottling partners, they employ more than 700,000 people around the world.

The Coca-Cola Company’s has been in the process to refranchise Coca-Cola Beverages Africa (CCBA) to open to South African and international prospective partners who have the necessary skill, capacity and commitment to drive The Coca-Cola Company’s vision for CCBA. Recently, the Coca-Cola Company (KO) and Anheuser-Busch InBev announced that they have completed the transition of AB InBev’s majority interest in CCBA.

To learn more about The Coca-Cola Company (NYSE: KO) and track their progress please visit the Vista Partners Company Dedicated Coverage Page.

The Coca-Cola Company and AB InBev Complete Transition of Majority Ownership in Coca-Cola Beverages Africa

The Coca-Cola Company and Anheuser-Busch InBev announced  that they have completed the transition of AB InBev’s majority interest in Coca-Cola Beverages Africa …

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Boeing’s South Carolina Final Assembly Facility Launches Singapore Airlines’ First 787-10 Dreamliner

Singapore Airlines is the first customer for Boeing (BA) for their 787-10 Dreamliner and currently, has 30 airplanes on firm order. Boeing has now rolled out the first 787-10 and begins the process of the painting of the airline’s livery, system checks, fueling, and engine runs. Singapore Airlines expects to take delivery of its first 787-10 in the first half of 2018.

Dinesh Keskar, senior vice president, Asia Pacific & India Sales, Boeing Commercial Airplanes stated, “Boeing is excited to have finished final assembly of the first 787-10 Dreamliner for Singapore Airlines. With its unprecedented efficiency, greater capacity and the Dreamliner’s known preferred passenger experience, the 787-10 will be an important part of the airline’s future fleet.”

To learn more about Boeing (BA) and to track its progress, please visit the Vista Partners’ Company Dedicated Page.

Boeing Rolls Out Singapore Airlines’ First 787-10 Dreamliner

NORTH CHARLESTON, S.C., Oct. 3, 2017 /PRNewswire/ — Boeing Rolls Out Singapore Airlines’ First 787-10 Dreamliner…

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Aussie Job Market Showing Strength

Australia is a resource-rich economy that continues to post results  that are confirming a rapidly improving job market.

Australian Jobs Market Shows Strength

Sep.04 — Bloomberg’s Paul Allen reports on the latest business news from Australia. He speaks on “Bloomberg Daybreak: Australia.”..

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Avionics & Interiors Maker Rockwell Collins Being Purchased By Aerospace Supplier United Technologies For $30 billion

Farmington, Connecticut-based Aerospace supplier United Technologies (NYSE: UTX) will pay $140 per share for Rockwell Collins (COL), split between $93.33 per in cash and $46.67 in stock, according to the companies and an article via Reuters.

To grow your understanding of this ongoing opportunity and to stay up to date please consider visiting the  United Technologies (NYSE: UTX) dedicated company page located within the Vista Partners Coverage pages.

United Tech to buy Rockwell Collins for $30 billion

Farmington, Connecticut-based United Technologies will pay $140 per share for Rockwell Collins, split between $93.33 per in cash and $46.67 in stock, according to the companies. The price represents a 17.6 percent premium to Rockwell’s $119 share price before news of the talks emerged on Aug. 4…

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BHP Billiton Back On Map Post Latest Quarter

BHP Billiton (BHP) this week reported a $6.7 billion profit in their latest annual report and squarely placing themselves back on the map. This is post the $6.4 billion loss they reported the year before. The Melbourne, Australia based miner has seemingly recovered from the build up in iron ore and coal assets based primarily on anticiapated Chinese demand & where they had to take the significant write down in 2016.

They are also reported to be interested in selling their U.S. shale oil assets.

BHP Billiton returns to black with $6.7 billion profit

CANBERRA, Australia (AP) — Anglo-Australian miner, BHP Billiton, on Tuesday reported a return to black with a $6.7 billion annual profit a year after the company’s worst ever full-year result and said it wants to sell its U.S. shale oil assets…

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Alibaba Seeking Growth Through Use of Artificial Intelligence

China’s e-commerce giant Alibaba (BABA) wants to tell custmers what they want to buy with the assistance of artificial intelligence (AI). Alibaba has apparently created the Deep Interest Network, which improves recommendation algorithms with the understanding that users have diverse buying interests, and only part of the data is useful to predict a user’s behavior. Note that Alibaba has captured nearly 40% of the $27.9 billion mobile advertising spent in China according to emarketer.

Alibaba’s mobile engagement is exploding thanks to AI

Alibaba has seen surges in mobile engagement during the first quarter of 2017 as it uses AI technology to improve advertisement…

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Vista Partners Quote of Day Monday August 14

“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over” – Warren Buffett