Apple ups dividend by 10.5% and increases capital return program to $300B

 Apple just reported earnings for the first quarter of 2017, which were mixed. The company beat on EPS but slightly missed iPhone on iPhone sales and overall revenue.
However, the company announced they are increasing their capital return program and extending the timeframe by four quarters. Now the company will spend a total of $300 billion by the end of March 2019 instead of the previously… Read More

Surging tech stocks have pushed Nasdaq over 6000 for the first time ever

 The Nasdaq composite just passed 6000 for the first time, hitting an all-time intraday high in the process. Over the past 12 months the composite is up nearly 32%. The majority of this strong performance can be attributed to five technology stocks that have also been surging – Apple, Facebook, Amazon, Microsoft and Alphabet account for about 40% of the composite’s gains in 2017.… Read More

Apple revenue could grow again thanks to the iPhone 7

shutterstock_152974484-apple-aapl Apple will report its holiday quarter earnings tomorrow. Once again, all eyes will be on the iPhone. The device now represents the vast majority of the company’s revenue. So anything that can affect iPhone sales is a big deal. And if you’ve been paying attention to Apple’s past earnings, you know that Apple has had a complicated year. In short, revenue has been down for… Read More