Lună: Aprilie 2015

Apple Reports Record Second Quarter Results

Strong performance of iPhone, Mac & App Store drives 27% revenue growth & 40% EPS growth, setting new second quarter records

The Company posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion, or $2.33 per diluted share. These results compare to revenue of $45.6 billion and net profit of $10.2 billion, or $1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent compared to 39.3 percent in the year-ago quarter.

Cash flow from operations was also outstanding at $19.1 billion.

Apple – Press Info – Apple Reports Record Second Quarter Results.

Ooops they did it again :)

„We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles” – Tim Cook

so, iPhone revenues are growing at 55%

aaand…

Apple Expands Capital Return Program to $200 Billion

From the inception of its capital return program in August 2012 through March 2015, Apple has returned over $112 billion to shareholders, including $80 billion in share repurchases.

 

Deutsche Bank to pay $2.5B for Libor rate violations

For years, employees at Deutsche Bank illegally manipulated interest rates around the globe – including LIBORs for U.S. Dollar, Yen, Swiss Franc and Pound Sterling, as well as EURIBOR – in the hopes of fraudulently moving the market to generate profits for their traders at the expense of the bank’s counterparties,” said U.S. Assistant Attorney General Leslie Caldwell.

via Deutsche Bank to pay $2.5B for Libor rate violations.

Well done Hans Schnitzelface, the Germans are no 1 in Europe as always.