Apple Reports First Quarter Results
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February 2, 2018 6:11 AM EST
Needham & Company raised its price target on Apple (NASDAQ: AAPL) to $210.00 (from $200.00) while maintaining a Buy rating.
Analyst Laura Martin commented, "Despite 1 less week in this years December quarter, AAPL reported record revenue of $88.3B (up 13% y/y, and 1% above our... More
February 1, 2018 4:39 PM EST
Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.63 per share, or $2.52 annualized.
The dividend will be payable on February 15, 2018, to stockholders of record on February 12, 2018, with an ex-dividend date of February 9, 2018.
The annual yield on the dividend is 1.5 percent.
For a... More
February 1, 2018 4:31 PM EST
(Updated - February 1, 2018 4:33 PM EST)
Apple (NASDAQ: AAPL) reported Q1 EPS of $3.89, $0.03 better than the analyst estimate of $3.86. Revenue for the quarter came in at $88.3 billion versus the consensus estimate of $87.28 billion.
The company sold 77.32 million iPhone units, versus 78.29 million last year and the consensus of 80 million.
The company sold 13.17 million iPads, versus 13.08 million last year.... More
