Strong iPhone prices, cash plans buoy Apple shares after muted outlook

Strong iPhone prices, cash plans buoy Apple shares after muted outlook

6 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-apple-results/strong-iphone-prices-cash-plans-buoy-apple-shares-after-muted-outlook-idUSKBN1FL6J6

Stronger iPhone prices and hints by Apple Inc on Thursday that it could return more than half of its $285 billion in cash to shareholders eased concerns among investors, even as the world's biggest technology company gave a disappointing revenue outlook for the current quarter.

Strong iPhone prices, cash plans buoy Apple shares after muted outlook

Feb 2, 2018, 1:23am UTC
https://www.reuters.com/article/us-apple-results/strong-iphone-prices-cash-plans-buoy-apple-shares-after-muted-outlook-idUSKBN1FL6J6 >Stronger iPhone prices and hints by Apple Inc on Thursday that it could return more than half of its $285 billion in cash to shareholders eased concerns among investors, even as the world's biggest technology company gave a disappointing revenue outlook for the current quarter.