«Apple is a approaching a tremendous period of product cycle strength, with anticipated launches of a new iPhone, a 7.85 - inch iPad and a refreshed 9.7 - inch iPad that are likely to
drive strong profit growth and corresponding stock appreciation,» Hargreaves said.
Not exact matches
The impact of a
stronger U.S. dollar is expected to weigh on
profit growth as it
drives up the cost of doing business overseas.
Samsung has seen record
growth in quarterly operating
profits — an increase
driven in part by
strong demand for cryptocurrency mining chips.
Profits have grown strongly over the past couple of years in the mining industry,
driven by
strong growth in sales volumes.
The
profits recovery has been
driven by continued
strong productivity
growth in conjunction with subdued compensation
growth (due to the weak labour market), which has seen unit labour costs fall by 5 per cent since June 2001 — the largest fall on record (Graph A4).
The strengthening industry performance is being
driven by a combination of factors: • Lower oil prices (forecast to be $ 55 / barrel Brent in 2015 and averaging a lower $ 51 / barrel in 2016) are giving airline
profits a boost; however this is strongly moderated in many markets by the appreciation of the US dollar •
Strong demand for passenger travel (6.7 %
growth in 2015 and 6.9 % in 2016) is making up for disappointing cargo demand
growth (1.9 % in 2015; strengthening to 3.0 % in 2016).
Reinvesting its
profits into the company keeps the balance sheet
strong, and it
drives the investments in the core business to keep the
growth engine running full steam ahead.
Strong record of
driving sales, bottom line
profit and building teams to sustain high
growth multi-store operations.