Icahn 'Pleased' with Apple (AAPL) Results, Agrees with Raised Buyback

Go back to Icahn 'Pleased' with Apple (AAPL) Results, Agrees with Raised Buyback

Deutsche Bank Comments on Apple's (AAPL) Q2

April 24, 2014 8:37 AM EDT

Deutsche Bank maintained a Buy rating on Apple (NASDAQ: AAPL) with a price target of $650.00. Comments follow Q2 results.

Analyst Sherri Scribner said, "iPhone unit sales were a positive surprise this Q, as AAPL benefit from growth... More

CLSA Upgrades Apple (AAPL) to Buy

April 24, 2014 7:52 AM EDT

CLSA upgraded Apple (NASDAQ: AAPL) from Outperform to Buy with a price target of $695.

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $524.75 yesterday.

... More

Apple, Inc. (AAPL) Raises Quarterly Dividend 7.9% to $3.29; 2.5% Yield

April 23, 2014 4:57 PM EDT

Apple, Inc. (NASDAQ: AAPL) declared a quarterly dividend of $3.29 per share, or $13.16 annualized. This is a 7.9% increase from the prior dividend of $3.05.

The dividend will be payable on May 15, 2014, to stockholders of record on May 12, 2014.

The annual yield on the dividend is 2.5... More

Apple, Inc. (AAPL) Resumes Trading Up 7%

April 23, 2014 4:45 PM EDT

Apple, Inc. (NASDAQ: AAPL) resumes trading up 7% after strong EPS, a stock split and raised capital return.

... More

Apple, Inc. (AAPL) will resume trading at 4:45PM

April 23, 2014 4:42 PM EDT

Apple, Inc. (NASDAQ: AAPL) will resume trading at 4:45PM

... More

Apple, Inc. (AAPL) Approves Increase in Buyback to $90B, Seven-for-One Split

April 23, 2014 4:31 PM EDT

Apple (Nasdaq: AAPL) announced that its Board of Directors has authorized another significant increase to the Companys program to return capital to shareholders. The Company expects to utilize a total of over $130 billion of cash under the expanded program by the end of calendar 2015.

As part of the program, the Board has increased its share repurchase authorization to $90 billion from the $60 billion level announced last year. The Company expects to continue to utilize about $1 billion annually... More

Apple, Inc. (AAPL) Tops Q2 EPS by $1.44; Announces 7-for-1 Stock Split

April 23, 2014 4:31 PM EDT

(Updated - April 23, 2014 4:35 PM EDT)

Apple, Inc. (NASDAQ: AAPL) reported Q2 EPS of $11.62, $1.44 better than the analyst estimate of $10.18. Revenue for the quarter came in at $45.6 billion versus the consensus estimate of $43.53 billion.

Apples sees Q3 revenue between $36 billion and $38 billion, versus the consensus of $37.87 billion. They see gross margin between 37 percent and 38 percent.

Were very proud of our quarterly... More

Apple (AAPL) halted ahead of earnings

April 23, 2014 4:29 PM EDT

Apple, Inc. (NASDAQ: AAPL) halted ahead of earnings

... More