Apple (AAPL) Declares $0.23 Quarterly Dividend; 0.6% Yield
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Evercore ISI Removes Apple (AAPL) From tactical Outperform List Following Strong Earnings
October 28, 2022 10:12 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "We are removing Apple from our tactical outperform list as our key catalyst was the Sept-qtr earnings that were reported last night. AAPL reported Sept-qtr results of $90.15B/$1.29 (vs. street at $88.7B/ $1.27) with topline growth of 8% despite nearly ~600bps of f/x headwind. Notably, iPhone growth was robust at 10% (though ~100bps below street... More
Apple Posts Record Quarterly Results Amid Tech Wreck
October 27, 2022 4:42 PM EDTApple (NASDAQ: AAPL) beat on the top and bottom line during its September quarter, posting a record for revenue and EPS. Apple said its active installed base of devices reached an all-time high for all major product categories.
Despite the beat, shares... More
Apple earnings rise as economic gloom hits tech
October 27, 2022 4:32 PM EDTBy Dawn Chmielewski and Nivedita Balu
(Reuters) - Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation.
The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall below 8% in the December quarter but did not go as far as Amazon.com, whose dire holiday outlook sent its shares down 14%.
Apple shares initially dipped in after-hours trading but recovered in positive territory.
The Cupertino,... More
Apple (AAPL) Tops Q4 EPS by 3c, Revenues Beat
October 27, 2022 4:30 PM EDTApple (NASDAQ: AAPL) reported Q4 EPS of $1.29, $0.03 better than the analyst estimate of $1.26. Revenue for the quarter came in at $90.1 billion versus the consensus estimate of $88.76 billion.
For earnings history and earnings-related data on Apple (AAPL) click here.
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