According to Canaccord Genuity technology analyst Michael Walkley Apple (AAPL) earned 80% of all handset operating profits during the fourth quarter.
Contributing to AAPL’s “remarkable” share of the operating profits is the firm’s apparent industry high operating margin of 47%. By comparison, the operating margin for Nokia (NOK) was estimated to be 3%, Samsung 15%, Research in Motion (RIMM) 8%, Motorola (MMI), – 1%, Sony Ericsson (ERIC) – 18% and LG, 0%.
The addition of Amazon to the Dow with Walgreen’s unceremonious deletion, and the Dow’s current composition tells it like it
I was retained by Big Four accounting and consulting firm KPMG to assist them in their thought leadership efforts centered on changing accounting regulations. In this case, the Financial Accounting Standards Board or FASB had instituted new rules on the measurement of current and expected credit losses, i.e. CECL, that would require massive reorganization of financial reporting for the largest financial services organizations in the world. This thought leadership piece concerned the results of a survey among C-suite executives about their state of preparedness in the final countdown to the CECL implementation.
Fall 2012. This article was written with Stefano Sola and Phil Donahue, executives at JGWPT Holdings. We were engaged by JGWPT to assist them
in publishing the article below for The Journal Of Structured Finance.
This story is from our February 2024 update newsletter that offers communications insights, and hopefully, some amusing diversion.