Apple Beats Sales Estimates; Shares Rise

May 2, 2018

Revenue grows the most since 2015; sales of wearables jump IPhone sales meet projections; Apple sees more revenue gains Apple Inc. reported revenue and profit that beat analysts’ estimates and projected continued sales momentum, calming concern about demand for the iPhone, its most-important product. The Cupertino, California-based company also raised its dividend, unveiled a new $100 billion share buyback and climbed following the results. Apple revenue rose 16 percent to…

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