Apple (AAPL) Raises Buyback to $175B, Raises Dividend 9.6% to $0.57

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Go back to Apple (AAPL) Raises Buyback to $175B, Raises Dividend 9.6% to $0.57

Apple (AAPL) Misses Q2 EPS by 10c

April 26, 2016 4:31 PM EDT

Apple (NASDAQ: AAPL) reported Q2 EPS of $1.90, $0.10 worse than the analyst estimate of $2.00. Revenue for the quarter came in at $50.6 billion versus the consensus estimate of $51.97 billion.

The company sold 51.193 million iPhone units, versus the consensus of 50 million. The compares to 74.78 million units sold in Q1 2016 and 61.17 million units sold in Q2 of 2015.

The company sold 10.251 million iPad... More