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mamashenay 1 post  |  Last Activity: Jan 26, 2016 5:17 PM Member since: Sep 29, 2009
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  • Our record sales and strong margins drove all-time records for net income and EPS in spite of a very difficult macroeconomic environment,” said Luca Maestri, Apple’s CFO. “We generated operating cash flow of $27.5 billion during the quarter, and returned over $9 billion to investors through share repurchases and dividends. We have now completed $153 billion of our $200 billion capital return program.”

    Apple is providing the following guidance for its fiscal 2016 second quarter:
    • revenue between $50 billion and $53 billion
    • gross margin between 39 percent and 39.5 percent
    • operating expenses between $6 billion and $6.1 billion
    • other income/(expense) of $325 million
    • tax rate of 25.5 percent

    Apple’s board of directors has declared a cash dividend of $.52 per share of the Company’s common stock. The dividend is payable on February 11, 2016, to shareholders of record as of the close of business on February 8, 2016.