Apple Reports Second Quarter Results
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May 1, 2020 6:53 AM EDT
Cascend Securities lowered its price target on Apple (NASDAQ: AAPL) to $325.00 (from $350.00) while maintaining a Buy rating.
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April 30, 2020 4:34 PM EDT
Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.82 per share, or $3.28 annualized. This is a 6.5% increase from the prior dividend of $0.77. The dividend will be payable on May 14, 2020, to stockholders of record on May 11, 2020, with an ex-dividend date of May 8, 2020. The annual yield... More
April 30, 2020 4:31 PM EDT
Apple (NASDAQ: AAPL) reported Q2 EPS of $2.55, $0.29 better than the analyst estimate of $2.26. Revenue for the quarter came in at $58.3 billion versus the consensus estimate of $54.54 billion.
Despite COVID-19s unprecedented global impact, were proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearables, said Tim Cook, Apples CEO. In this difficult environment, our users are depending on Apple products in renewed ways to stay... More
