More on AAPL# Stock
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More on Apple: Quarterly dividend increased by 15% to $3.05/share (3% yield)
; Apple "plans to borrow" to return cash. iPhone and iPad sales beat
expectations, Macs a little light. Gross margin was 37.5%, at low end of
guidance range of 37.5%-38.5% and -990 bps Y/Y. Apple expects to return $100
in cash via capital return program by end of 2015, up from prior $45B.
Americas revenue +7% Y/Y, Europe +11%, Greater China +8%, Japan =19%, rest
of Asia-Pac +26%, retail +19%. iPhone revenue only +3% Y/Y, iPad +40%, Mac +
7%, iPod -20% on 5.6M units.
; Apple "plans to borrow" to return cash. iPhone and iPad sales beat
expectations, Macs a little light. Gross margin was 37.5%, at low end of
guidance range of 37.5%-38.5% and -990 bps Y/Y. Apple expects to return $100
in cash via capital return program by end of 2015, up from prior $45B.
Americas revenue +7% Y/Y, Europe +11%, Greater China +8%, Japan =19%, rest
of Asia-Pac +26%, retail +19%. iPhone revenue only +3% Y/Y, iPad +40%, Mac +
7%, iPod -20% on 5.6M units.