Apple (AAPL) Tops Q2 EPS by 4c; New $100 Billion Share Repurchase
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Apple (AAPL) PT Raised to $207 at BTIG
May 2, 2018 5:57 AM EDTBTIG raised its price target on Apple (NASDAQ: AAPL) to $207.00 (from $198.00) while maintaining a Buy rating.
... MoreApple (AAPL) PT Raised to $197 at Macquarie
May 2, 2018 1:46 AM EDTMacquarie raised its price target on Apple (NASDAQ: AAPL) to $197.00 (from $188.00) while maintaining a Outperform rating.
Analyst Ben Schachter comments "The fact that iPhone could be somewhat weak and yet the model can show EPS growth of 30% y/y is a... More
Apple (AAPL) PT Raised to $165 at Deutsche Bank
May 2, 2018 1:40 AM EDTDeutsche Bank raised its price target on Apple (NASDAQ: AAPL) to $165.00 (from $152.00) while maintaining a Hold rating.
... MoreApple (AAPL) PT Raised to $171 at BMO Capital
May 2, 2018 1:16 AM EDTBMO Capital raised its price target on Apple (NASDAQ: AAPL) to $171.00 (from $166.00) while maintaining a Market Perform rating.
Analyst Tim Long says the results were better than feared but remains sidelined citing a troubling disconnect between a very slow supply chain and slightly-better-than-seasonal... More
Apple (AAPL) Raises Quarterly Dividend 15.9% to $0.73; 1.7% Yield
May 1, 2018 4:35 PM EDTApple (NASDAQ: AAPL) declared a quarterly dividend of $0.73 per share, or $2.92 annualized. This is a 15.9% increase from the prior dividend of $0.63.
The dividend will be payable on May 17, 2018, to stockholders of record on May 14, 2018, with an ex-dividend date of May 11,... More
Apple surprises with solid iPhone sales, announces $100 billion buyback
May 1, 2018 4:30 PM EDTBy Stephen Nellis
(Reuters) - Apple Inc on Tuesday reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet.
Apple's quarterly results topped Wall Street forecasts, which dropped ahead of the report on growing concern over the iPhone. The Cupertino, California-based company also was more optimistic about the current quarter than most financial analysts, driving shares up 3.6 percent to $175.25 after hours.
Suppliers around the globe had warned of smartphone weakness, playing into fears that the company known... More
