Apple (AAPL) Declares $0.57 Quarterly Dividend; 1.9% Yield
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January 31, 2017 4:33 PM EST
By Narottam Medhora and Stephen Nellis
SAN FRANCISCO (Reuters) - Apple Inc reclaimed the throne as the world's top smartphone seller for the first time in five years on Tuesday, beating out rival Samsung in units shipped for the holiday quarter and boosting revenues with a strong showing for its new, top-of-the-line iPhone 7 Plus.
The iPhone sales numbers, and a profit of almost $18 billion, both handily beat Wall Street expectations, sending its shares up 3 percent in after-hours trading.
But the gains were tempered by Apple's cautious outlook for the current quarter, which it mainly... More
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
