Product Launches, Productivity Improvements, and Emerging Markets Boost Earnings - Research Report on Apple, Sony, Canon, Avery Dennison, and iRobot

NEW YORK, July 30, 2013 /PRNewswire/ --

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Today, Investors' Reports announced new research reports highlighting Apple Inc. (NASDAQ: AAPL), Sony Corporation (NYSE: SNE), Canon Inc. (ADR) (NYSE: CAJ), Avery Dennison Corp. (NYSE: AVY), and iRobot Corporation (NYSE: PAY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Apple Inc. Research Report

On July 23, 2013, Apple Inc. (Apple) reported its financial results for Q3 FY 2013 (period ended June 29, 2013). Net sales increased 0.9% YoY to $35.3 billion. Net income was $6.9 billion or $7.47 per diluted share in Q3 FY 2013 compared to $8.8 billion or $9.32 per diluted share in Q3 FY 2012. Apple said that it sold 31.2 million iPhones, 14.6 million iPads, and 3.8 million Macs during Q3 FY 2013 compared to 26 million iPhones, 17 million iPads, and 4 million Macs sold during Q3 FY 2012. Commenting on the results, Tim Cook, Apple's Chief Executive Officer, said, "We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services. We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014." The Full Research Report on Apple Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/AAPL]

Sony Corporation Research Report

On July 23, 2013, Sony Corporation (Sony) announced the launch of a head-mount image processing unit capable of receiving and outputting endoscope image signals, or controlling video images, which can then be displayed in 3D or 2D on an accompanying head-mounted monitor. The head-mounted monitor can also be purchased separately as an optional extra. According to Sony, its head-mounted display enables surgeons performing laparoscopic procedures to position themselves flexibly as they perform their procedures, supporting smooth workflow procedures in addition to the benefit of a 3D image display. Sony said that it is positioning the medical business as one of its mid- to long-term growth areas, and is focusing on the potential of 3D imaging in the medical field. The Full Research Report on Sony Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/SNE]

Canon Inc. (ADR) Research Report

On July 24, 2013, Canon Inc. (ADR) (Canon) reported its financial results for Q2 2013. Net sales increased 7.5% YoY to (Japanese Yen) ¥966.9 billion. Net income attributable to Canon was ¥66.5 million or ¥57.68 per diluted share in Q3 2012, compared to ¥51.7 million or ¥43.71 per diluted share in Q2 2012. According to the Company, it expects that the global economy is expected to achieve moderate growth buoyed by the aggressive monetary and fiscal policies driving the US and Japanese economies in Q2 2013, despite negative factors such as a protracted recession in Europe and the uncertainty of economic growth in China. The Full Research Report on Canon Inc. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/CAJ]

Avery Dennison Corp. Research Report

On July 23, 2013, Avery Dennison Corporation (Avery Dennison) announced preliminary unaudited results for Q2 2013, posting net sales growth of 4.2% YoY to $1.6 billion. Net income was $68.8 million or $0.68 per diluted share in Q2 2013 compared to net income of $64.2 million or $0.62 per diluted share in Q2 2012. Adjusted EPS from continuing operations was $0.71 compared to adjusted EPS from continuing operations of $0.53 in Q2 2012. Dean Scarborough, Avery Dennison Chairman, President and Chief Executive Officer, said, "I'm pleased to report another quarter of strong earnings growth, driven by restructuring and other productivity actions we initiated last year. Pressure-sensitive Materials continued to benefit from its leadership position in emerging markets, growth through innovation, and significant productivity gains. Retail Branding and Information Solutions delivered its fourth consecutive quarter of strong sales growth with continued margin expansion in the first half." The Full Research Report on Avery Dennison Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/AVY]

iRobot Corporation Research Report

On July 23, 2013, iRobot Corporation (iRobot) reported its financial results for Q2 2013, Posting total revenue of $130.4 million compared to $111.4 million in Q2 2012. Net income was $8.3 million or $0.28 per diluted share in Q2 2013 compared to $7.4 million or $0.26 per diluted share in Q2 2012. Commenting on the results, Colin Angle, Chairman and Chief Executive Officer of iRobot, said, "I am very excited to report that we had an excellent quarter following an outstanding Q1. Our Home Robot business delivered strong results both domestically and overseas, and the outlook continues to be good. We announced our second remote presence market initiative, Enterprise Telepresence, in partnership with Cisco, and our Defense & Security business performed as expected." The Full Research Report on iRobot Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-26/IRBT]

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SOURCE Investors' Reports