Apple will pay its second dividend of 2026 on May 14, with an ex-dividend date of May 11. The dividend will increase slightly to $0.27 per share from $0.26, marking the first raise since May 2025. Despite the dividend growth, Apple's returns are mainly driven by stock price appreciation rather than dividend income, reflecting its strategy of prioritizing capital gains and share buybacks over high dividend yields. Investors with 100 shares will receive $27 in dividends next week, contributing modestly to total returns this year.
Bank of America raised its price target for Apple to $380 from $330, highlighting Apple's strong position to benefit from the emerging "agentic AI" smartphone market. This AI technology enables devices to complete tasks and manage workflows autonomou...
Apple CEO Tim Cook is stepping down after significantly growing the company’s market value to $4.535 trillion. Hardware chief John Ternus will succeed him, marking a major leadership change for the world’s most valuable company. Despite strong recent...
Apple Inc. reported a 16.3% year-over-year increase in its Services revenue, reaching $30.98 billion in Q2-FY26, with exceptionally high gross margins of 76.7%. This growth helped expand the company's overall gross margin to 49.3%, offsetting weaker ...
In the first half of fiscal year 2026, iPhone revenue increased by 22.7%, primarily due to higher average revenue per user (ARPU) driven by more memory upgrades and a shift towards premium models. Although ARPU growth is expected to slow down because...
The Magnificent 7, a group of leading megacap tech companies including Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, represent the forefront of AI and future tech. While most have advanced AI integration and partnerships, Microsoft has...
