BRIEF-Apple Inc Reports Qtrly Earnings Per Share Of $2.46
* Q2 EARNINGS PER SHARE VIEW $2.36, REVENUE VIEW $57.37 BILLION -- REFINITIV IBES DATA * BOARD AUTHORIZED ADDITIONAL $75 BILLION FOR SHARE REPURCHASES; RETURNED OVER $27 BILLION TO SHAREHOLDERS IN QUARTER
* BOARD DECLARED CASH DIVIDEND OF $0.77 PER SHARE OF COMMON STOCK, UP 5 PERCENT * SEES Q3 REVENUE BETWEEN $52.5 BILLION AND $54.5 BILLION
* SEES Q3 GROSS MARGIN BETWEEN 37 PERCENT AND 38 PERCENT * QTRLY TOTAL NET SALES $58.02 BILLION VERSUS $61.14 BILLION
* SEES Q3 OPERATING EXPENSES BETWEEN $8.7 BILLION AND $8.8 BILLION * Q3 REVENUE VIEW $51.93 BILLION -- REFINITIV IBES DATA
* QTRLY GREATER CHINA NET SALES $10.22 BILLION VERSUS $13.02 BILLION * QTRLY IPHONE NET SALES $31.05 BILLION VERSUS $37.56 BILLION
* QTRLY IPAD NET SALES $4.87 BILLION VERSUS $4.01 BILLION * QTRLY MAC NET SALES $5.51 BILLION VERSUS $5.78 BILLION
* QTRLY WEARABLES, HOME AND ACCESSORIES NET SALES $5.13 BILLION VERSUS $3.94 BILLION * QTRLY GROSS MARGIN $21.82 BILLION VERSUS $23.42 BILLION
* QTRLY PRODUCTS COST OF SALES $32.05 BILLION VERSUS $33.94 BILLION * QTRLY SERVICES COST OF SALES $4.15 BILLION VERSUS $3.78 BILLION
* QTRLY SERVICES NET SALES $11.45 BILLION VERSUS $9.85 BILLION * CEO TIM COOK SAYS "MARCH QUARTER RESULTS SHOW THE CONTINUED STRENGTH OF OUR INSTALLED BASE OF OVER 1.4 BILLION ACTIVE DEVICES"
* MANAGEMENT & BOARD PLAN TO PROVIDE UPDATE ON CAPITAL RETURN PROGRAM ON ANNUAL BASIS * CFO LUCA MAESTRI SAYS "GENERATED OPERATING CASH FLOW OF $11.2 BILLION IN THE MARCH QUARTER" Source text for Eikon: Further company coverage:
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