AAPL: More on Apple: Quarterly dividend increased by...

4:46 PM 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. AAPL halted, to resume trading at 4:50PM. (PR) Read comments

AAPL price at time of publication: $406.69. Check AAPL price now »

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