Apple Reports First Quarter Results
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January 30, 2019 7:45 AM EST
Monness, Crespi, Hardt analyst Brian White raised the price target on Apple (NASDAQ: AAPL) to $220.00 (from $200.00) while maintaining a Buy rating. White called the results "good enough."
He commented, ". Last night, Apple reported 1Q:FY19 results that were largely inline with the companys... More
January 29, 2019 4:33 PM EST
Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.73 per share, or $2.92 annualized.
The dividend will be payable on February 14, 2019, to stockholders of record on February 11, 2019, with an ex-dividend date of February 8, 2019.
The annual yield on the dividend is 1.9 percent.
For a... More
January 29, 2019 4:30 PM EST
(Updated - January 29, 2019 4:32 PM EST)
Apple (NASDAQ: AAPL) reported Q1 EPS of $4.18, $0.01 better than the analyst estimate of $4.17. Revenue for the quarter came in at $84.3 billion versus the consensus estimate of $84 billion.
While it was disappointing to miss our revenue guidance, we manage Apple for the long term, and this quarters... More
