David Einhorn's Greenlight 'Applauds' Apple (AAPL) Capital Return Plan
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Apple (AAPL) to Buyback $58B Through Accelerated Repurcahse Plans and Open Market
April 23, 2013 5:39 PM EDTOn call, Apple, Inc. (NASDAQ: AAPL) CFO said the company will begin its aggressive share buyback plan this month. The company $58 billion remaining on its $60 billion authorization. Plans to use accelerated repurchase agreements and buy in the open market.... More
Apple, Inc. (AAPL) Raises Quarterly Dividend 15.1% to $3.05; 3% Yield
April 23, 2013 4:41 PM EDTApple, Inc. (NASDAQ: AAPL) declared a quarterly dividend of $3.05 per share, or $12.2 annualized. This is a 15.1% increase from the prior dividend of $2.65.
The dividend will be payable on May 16, 2013, to stockholders of record on May 13, 2013, with an ex-dividend date of May 9, 2013.... More
Apple, Inc. (AAPL) Tops Q2 EPS by 2c; More Than Doubles Capital Return
April 23, 2013 4:30 PM EDT(Updated - April 23, 2013 4:34 PM EDT)
Apple, Inc. (NASDAQ: AAPL) reported Q2 EPS of $10.09, $0.02 better than the analyst estimate of $10.07. Revenue for the quarter came in at $43.6 billion versus the consensus estimate of $42.59 billion.
The Company sold 37.4 million iPhones in the quarter, compared to 35.1 million in the year-ago quarter and the consensus of 34 million. Apple also sold 19.5 million iPads during the quarter, compared to 11.8 million in the year-ago quarter and the consensus of 18.5 million. The Company sold just under 4 million Macs, compared to 4 million in the year-ago quarter.
"We are... More
