Apple on Tuesday announced its second fiscal quarter results of 2018, posting revenues of $61.1 billion and a net quarterly profit of $13.8 billion. This is up from revenues of $52.9 billion and net quarterly profit of $11.0 billion in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any […]
Tag: dividend
Apple’s money train kept rolling into the third quarter. Per Macworld, the company posted revenues of US$37.4 billion and a net profit of US$7.7 billion, making for a record June quarter for the company. Those numbers were up from the third quarter of 2013, when Apple tallied US$35.3 billion in revenue and US$6.9 billion in […]
So what DO you do with those fat stacks of cash laying about? Per AppleInsider, following up on today’s financial news, Apple will initiate a dividend and share repurchase program, spending US$45 billion over the next three years. Apple’s new quarterly dividend will amount to US$2.65 per share. Assuming it is approved by the company’s […]