Apple (AAPL) Raises Quarterly Dividend 10.5% to $0.63; 1.7% Yield

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Apple (AAPL) PT Raised to $130 at Deutsche Bank Following 2Q

May 3, 2017 10:20 AM EDT

Deutsche Bank raised its price target on Apple (NASDAQ: AAPL) to $130.00 (from $125.00) while maintaining a Hold rating.... More

BMO Capital Reiterates Outperform on Apple (AAPL) Following Mixed 2Q

May 3, 2017 7:54 AM EDT

BMO Capital reiterated an Outperform rating and $160.00 price target on Apple (NASDAQ: AAPL) following the company's 2Q earnings report. Apple reported mixed results for both headline and underlying numbers. Revenue and EPS were $52.9 billion and $2.10, compared with the consensus estimates for $53.0 billion and... More

Apple (AAPL) Tops Q2 EPS by 8c, iPhone Units Miss; Raises Buyback, Div by 10.5%

May 2, 2017 4:31 PM EDT

(Updated - May 2, 2017 4:33 PM EDT)

Apple (NASDAQ: AAPL) reported Q2 EPS of $2.10, $0.08 better than the analyst estimate of $2.02. Revenue for the quarter came in at $52.9 billion versus the consensus estimate of $52.97 billion.

The company sold 50.763 million iPhone units in the quarter, below the consensus of 52 million.

We are proud to report a strong March quarter, with revenue growth accelerating from the December quarter and continued robust demand for iPhone 7 Plus, said Tim Cook, Apples CEO. Weve seen great customer response to both... More