Apple Posts Record Quarterly Results Amid Tech Wreck

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Evercore ISI Removes Apple (AAPL) From tactical Outperform List Following Strong Earnings

October 28, 2022 10:12 AM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "We are removing Apple from our tactical outperform list as our key catalyst was the Sept-qtr earnings that were reported last night. AAPL reported Sept-qtr results of $90.15B/$1.29 (vs. street at $88.7B/ $1.27) with topline growth of 8% despite nearly ~600bps of f/x headwind. Notably, iPhone growth was robust at 10% (though ~100bps below street... More

Apple (AAPL) Declares $0.23 Quarterly Dividend; 0.6% Yield

October 27, 2022 4:45 PM EDT

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.23 per share, or $0.92 annualized.

The dividend will be payable on November 10, 2022, to stockholders of record on November 7, 2022, with an ex-dividend date of November 4, 2022.

The annual yield on the dividend is 0.6 percent.

For a... More