Apple (AAPL) Declares $0.52 Quarterly Dividend; 2.1% Yield
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Apple (AAPL) Investors Should Focus on 2017 FCF - Wells Fargo
January 27, 2016 8:10 AM ESTWells Fargo analyst, Maynard Um, is looking through Apple (NASDAQ: AAPL) results over the next 6 months to focus on Free Cash Flow in 2017. Today, shares are trading at a discounted multiple of 2017 FCF that should expand by 30% as the iPhone 7 product cycle approaches.
Implied iPhone units in the low/mid-50M, were... More
Mizuho Securities Remains Bullish on Apple (AAPL) as 1Q Results Come In-Line
January 27, 2016 7:11 AM ESTMizuho Securities reiterated a Buy rating and $120.00 price target on Apple (NASDAQ: AAPL) following the company's 1Q earnings report. Apple reported revenues slightly below consensus and guided F2Q16 significantly below consensus. Total revenues of $75.9bn compared with consensus of $76.6bn. iPhone shipments... More
Apple (AAPL) seeing economic softness in China - Cook
January 26, 2016 5:09 PM ESTApple (NASDAQ: AAPL) seeing economic softness in China, CEO Tim Cook said.
... MoreApple sees first sales dip in more than a decade as super-growth era falters
January 26, 2016 4:31 PM ESTBy Julia Love
SAN FRANCISCO (Reuters) - Apple Inc (NASDAQ: AAPL) forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market showed signs of weakening, suggesting the technology company's period of exponential growth may be ending.
The slowdown comes as Wall Street analysts worry the company does not have another blockbuster product to replace the iPhone. Apple does not report Watch sales, but it does not appear to have the makings of being a hit on the same level as the iPhone a... More
Apple (AAPL) Tops Q1 EPS by 5c; Guides Q2 Revs Below the Street
January 26, 2016 4:31 PM EST(Updated - January 26, 2016 4:37 PM EST)
Apple (NASDAQ: AAPL) reported Q1 EPS of $3.28, $0.05 better than the analyst estimate of $3.23. Revenue for the quarter came in at $75.9 billion versus the consensus estimate of $76.59 billion.
Gross margin was 40.1 percent, essentially in-line with the Street.
The company sold 74.78 million iPhones in the quarter,... More
