Apple Reports Record First Quarter Results
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Apple (AAPL) PT Raised to $145 at FBN Securities
February 1, 2017 10:14 AM ESTFBN Securities analyst Shebly Seyrafi raised its price target on Apple (NASDAQ: AAPL) to $145.00 (from $130.00) while maintaining a Outperform rating.
Seyrafi commented, "In summary, we believe that investors should be buying shares of AAPL after the report today as iPhone returned... More
Drexel Hamilton Maintains Bullish View on Apple (AAPL) Following Strong Q1
February 1, 2017 8:12 AM ESTDrexel Hamilton analyst Brian J. White reiterated his Buy rating and $185 price target on Apple (NASDAQ: AAPL) following strong results after the close.
White highlighted:
Last night, Apple returned to revenue and iPhone unit growth with a strong 1Q:FY17 performance, combined with a conservative 2Q:FY17 outlook. We are adjusting our FY:17 estimates lower but increasing our FY:18 estimates for the iPhone "X". We reiterate our BUY rating and $185.00 price target.After three consecutive quarters of a negative revenue cycle,... MoreApple (AAPL) Declares $0.57 Quarterly Dividend; 1.9% Yield
January 31, 2017 4:48 PM ESTApple (NASDAQ: AAPL) declared a quarterly dividend of $0.57 per share, or $2.28 annualized.
The dividend will be payable on February 16, 2017, to stockholders of record on February 13, 2017, with an ex-dividend date of February 9, 2017.
The annual yield on the dividend is 1.9 percent.
For a... More
Apple (AAPL) Tops Q1 EPS by 14c, Sales and iPhones Beat
January 31, 2017 4:30 PM EST(Updated - January 31, 2017 4:33 PM EST)
Apple (NASDAQ: AAPL) reported Q1 EPS of $3.36, $0.14 better than the analyst estimate of $3.22. Revenue for the quarter came in at $78.4 billion versus the consensus estimate of $77.38 billion.
The company sold 78.29 million iPhone units versus the consensus of 77 million.
The company sees Q2 revenue... More
