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Foresters sets target of £500k for Barnardo&#39s

Foresters Friendly Society is aiming to collect more than £500,000 for Barnardo&#39s and a number of smaller local community groups.

The events will culminate with Big Foresters&#39 Toddle for Barnardo&#39s, a half-mile walk.

More than 80,000 children under the age of five are taking part in 1,000 events around the country.

Foresters has sponsored Barnardo&#39s for three years . Last year, it raised just under £400,000 to help disadvant-aged children.

Barnardo&#39s provides family centres, offers nursing andpre-school facilities, finds homes for children who cannot live with their families, helps children cope with bereavement and provides specialist care and provision for children with disabilities.

Foresters is well known for its work with charities and many of its 200,000 members in the UK are actively involved in charitable functions.

Head of group marketing and communications Steve Dilworth says: “We have backed the Toddle for the last two years because it is a great way of raising thousands of pounds for children.”


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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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