It also announced that it’ll start paying out dividends of $2.65 per common stock to its customers on Nov. 15 to all who are stockholder by the close of business on Nov. 12.
Editor's Pick Apple investors jumped for joy at the company’s first quarter earnings report today, with results that beat high Wall Street expectations. The company earned a record net profit of $13.06 billion on revenue of $46.33 billion and sold a record 37 million iPhone units.
Apple reported big earnings today with its fourth quarter results, but it unfortunately missed Wall Street’s expectations. That considerably hurt Apple’s stock, which tanked 6 percent in after hours trading as of this posting.