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Mortgage Next partners Evaluate

Mortgage Next has partnered Evaluate Technologies to enhance its online decision in principle and application service.

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Tiuta launches online case tracking

Bridging lender Tiuta has launched an online case tracking system for brokers giving them instant access to the status of clients’ applications.

Mortgages.co.uk teams up with KRS

Mortgages.co.uk has linked up with Key Retirement Solutions to help pensioners looking to take out equity release plans.Enquiries for lifetime or home reversion deals fielded by Mortgages. co.uk will be forwarded to KRS, which will contact applicants to offer advice.The consumer finance website has generated a large number of enquiries from consumers looking to explore […]

Apple: a stellar technology story

By Ali Unwin, head of technology sector research

Apple recently announced the highest-ever recorded quarterly net profit ($18bn), with the sale of 74.4 million iPhones helping the company deliver $74.6bn of revenue for the quarter ending December 2014. These sales were largely driven by strong demand for the new iPhone 6 and iPhone 6 Plus. Highlights included Chinese iPhone sales doubling year-on-year and unit growth of 44% in the US — supposedly a well-penetrated market. Apple ended the quarter with $178bn in cash on its balance sheet, having generated a staggering $30bn in free cash flow during the quarter.

At Neptune, we have been long-term believers in the Apple story, and continue to hold the stock in a number of our portfolios based on the company’s long-term growth prospects. This is predicated on our belief that Apple has proved thus far that it can — unusually for a consumer electronics company — maintain high margins for a sustained period of time, even as adoption of new technology slows down and competitors produce similar-specification products.

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