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$GMCR said that its 4Q15 GAAP gross margin declined 530 BPs to 32.3% of net sales from the prior year period. Non-GAAP gross margin declined about 300 BPs. An $8.6MM obsolescence charge related to BOLT brewers negatively impacted both GAAP and Non-GAAP gross margin.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.
Wow, the new $HPE Pro x2 612 G2. Finally, a Surface Tab you can use for business!
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!