(CercleFinance.com) – On the occasion of the publication of its second quarter financial results, Apple announced Thursday evening a 4% increase in its dividend to $0.25 per share, as well as a additional share buyback program for up to $110 billion.
The technology firm reported EPS of $1.53 for the quarter ended March, a record for this time of year, with revenue down 4% to $90.8 billion, but better than expected thanks to record service revenues.
‘Thanks to very high levels of customer satisfaction and loyalty, our active installed base of devices reached a new all-time high across all products and geographic segments,’ highlights CFO Luca Maestri.
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