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Apple posts $61.1 billion in revenue, profit of $13.8 billion for Q2 2018 results

Apple on Tuesday announced its second fiscal quarter results of 2018, posting revenues of $61.1 billion and a net quarterly profit of $13.8 billion. This is up from revenues of $52.9 billion and net quarterly profit of $11.0 billion in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any […]

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Finance iPad iPhone iPod News

Apple posts $37.4 billion in revenues, $7.7 billion profit for Q3 2014

Apple’s money train kept rolling into the third quarter. Per Macworld, the company posted revenues of US$37.4 billion and a net profit of US$7.7 billion, making for a record June quarter for the company. Those numbers were up from the third quarter of 2013, when Apple tallied US$35.3 billion in revenue and US$6.9 billion in […]

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Firewire News

Apple to spend $45 billion over next three years on stock share, repurchase program, offer dividends

So what DO you do with those fat stacks of cash laying about? Per AppleInsider, following up on today’s financial news, Apple will initiate a dividend and share repurchase program, spending US$45 billion over the next three years. Apple’s new quarterly dividend will amount to US$2.65 per share. Assuming it is approved by the company’s […]