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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

10/12/15 at 8:56 AM CDT

 

 

READ: 4

RPLY: 1

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Sentiment:

Neutral

Q3 earnings

Average eps growth for tech in Q3 is just +2.4%, the lowest since Q2 2013. Take Apple out of the equation and it's -3.4%. For the S&P as a whole, estimates are now -4.5%, while at the start of the year the estimate for this quarter was +12%.

It's funny how the article also says, with these sentences appearing in the same order as the article, it's a straight cut and paste.

"Optimism goes away when reality begins coming into view," said Harrison.

Bill Whyman, an analyst at Evercore ISI, does expect things to improve in 2016, but he says improvements will be weighted more toward the second half.

Talk of the ubiquitous second half recovery starting already, and it's only October!

news.investors.com/10...er.htm

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