As investors look to Apple for signs it can continue to grow, the company had better news than many expected, posting a quarter that outdid its performance a year ago.
Apple reported earnings of $10.2 billion, or $11.62 per share on $45.6 billion in revenue during a quarter that saw the release of no new products. That was above both the $42 to $44 billion in revenue Apple forecast for itself in January, and the $43.6 billion it reported the same time this last year. The company also announced a seven-for-one stock split, with a $90 billion stock buyback program.
via The Verge - All Posts http://ift.tt/1f4Zgof
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