Misek continues to project 53 million iPhones for the December quarter, ahead of the Street consensus in the 46-48 million unit range.

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The thinning payrolls led the fourth-quarter productivity rose by 3.2%, ahead of the 2.0% consensus estimate, with unit labor costs rising by a moderate 1.8% on an annualized basis.

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In a more encouraging sign, fourth-quarter productivity rose by 3.2%, ahead of the 2.0% consensus estimate, with unit labor costs rising by a moderate 1.8% on an annualized basis.

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And today's report on productivity and expenses showed that unit labor costs grew 4.2% from the first quarter, above the consensus of 3.8%--nearly four times the growth rate of productivity.

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And today's government report on productivity and costs showed that unit labor costs grew 4.2% from the first quarter, above the consensus of 3.8% and much faster than the growth rate of productivity, which increased 1.1%, way below the 4.3% pace of last quarter.

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Genesis Energy reported third quarter earnings per unit, excluding a one-time tax benefit, of 29 cents on November 6, matching the Zacks Consensus Estimate but beating the year-ago earnings by 7%.

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