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Apple returns more cash to investors

2015-04-27 22:47:07| BBC News | Business | UK Edition

Technology giant Apple reports profits of $13.6bn for the first three months of 2015, and details plans to return more money to investors.

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Apple raises dividend after strong Q2

2015-04-27 22:41:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal second quarter to March up 27 percent to USD 58 billion, beating its own guidance of USD 52-55 billion. The company said the results were fueled by record Q2 sales for the iPhone and Mac computers as well as an all-time record for the App Store. Apple's net profit jumped to USD 13.6 billion or USD 2.33 per diluted share from USD 10.2 billion or USD 1.66 per share in the year-ago quarter. Its gross margin improved to 40.8 percent from 39.3 percent, also exceeding the company's forecast. For its fiscal third quarter, the company forecast revenues of USD 46-48 billion and a gross margin of 38.5-39.5 percent. The company also announced an increase in its capital return programme of more than 50 percent. Under the new plans, Apple plans to return a cumulative total of USD 200 billion of cash to shareholders by the end of March 2017. 

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Stocks edge up at midday as investors wait for Apple results

2015-04-27 19:20:11| Toys - Topix.net

Trader John O'Hara wears an Ironman mask as he works on the floor of the New York Stock Exchange, Monday, April 27, 2015, in New York. Actors Jeremy Renner and Robert Downey Jr. rang the NYSE opening bell Monday with representatives from Marvel Entertainment.

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Can Microsoft Take Back Momentum From Google and Apple?

2015-04-27 16:14:35| TechNewsWorld

Microsoft is holding its Build event this week, marking the beginning of its major push to launch Windows 10. Build is in San Francisco this year, which effectively puts it right in the back yard of both Apple and Google -- a nice "in your face" move. I was the featured launch analyst for Windows 95 two decades ago and there, Microsoft ripped Apple a new rear orifice.

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Apple Earnings, FOMC: What to Watch on Wall Street for the Week Ahead

2015-04-26 19:52:25| Air Courier - Topix.net

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