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$COO expects OpEx to be slightly under 39% for 4Q16 and FY16. Operating margin is expected to be around 26% in 4Q16 and in the mid-24% range for FY16. Interest expense is expected to be a little over $7MM in 4Q16 and slightly over $28MM for FY16. Effective tax rate is expected to be 10.5-11.0% for 4Q16 and 8% for FY16.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.