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Jabil's Results Bode Well for Apple (AAPL) - Stifel
September 25, 2015 7:52 AM EDTStifel analyst Aaron C. Rakers notes supplier Jabil's (NYSE: JBL) results after the close bode well for Apple (NASDAQ: AAPL).
Raker noted, "Jabil reported August quarter results with revenue at the high-end of its guidance ($4.68 billion; +7% seq. and +15% y/)) driven by the companys Diversified Manufacturing segment, which accounted for 41% of total revenue ($1.92 billion) and grew 47% y/y. This compares to Jabils initial DMS segment guidance of ~$1.75 billion for the August quarter. The Diversified... More
