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......all time record for services revenue......dividend increase to .82 cents per share....
Apple Reports 2Q 2020 Results: $11.2B Profit on $58.3B Revenue, All-Time Record for Services Revenue
....Apple today announced financial results for the second fiscal quarter of 2020, which corresponds to the first calendar quarter of the year.
For the quarter, Apple posted revenue of $58.3 billion and net quarterly profit of $11.2 billion, or $2.55 per diluted share, compared to revenue of $58.0 billion and net quarterly profit of $11.6 billion, or $2.46 per diluted share, in the year-ago quarter.
Gross margin for the quarter was 38.4 percent, compared to 37.6 percent in the year-ago quarter, with international sales accounting for 62 percent of revenue. Apple also declared an increased quarterly dividend payment of $0.82 per share, up from $0.77. The dividend is payable on May 14 to shareholders of record as of May 11.
In addition to the increase in the dividend payment, Apple says it has authorized another $50 billion for share repurchases..............
up.....up and away.......?!
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I reject your reality and substitute my own!
Edited 1 time(s). Last edit at 04/30/2020 08:11PM by NewtonMP2100.
