The tech behemoth posted fiscal 2Q EPS of $11.62 on sales of $45.6 billion, beating Street views of a profit of $10.18 on revenue of $43.27 billion. The company raised its quarterly dividend and also announced a 7-for-1 stock split.
U.S. equity markets fell on Wednesday as traders parsed through disappointing housing data for March and mixed corporate earnings.
The social networking giant revealed 1Q EPS of 34 cents on revenue of $2.5 billion, handily beating Wall Street views for a profit of 24 cents on sales of $2.4 billion.
Thursday at 7p ET: From Eric Holder’s clemency proposition to the Supreme Court’s affirmative action decision, Dobbs’ experts look at the future of our justice system!
Thursday at 9p ET: What private life? Social media, drones, and even smart-phones have made you vulnerable and exposed, but why doesn’t anyone care?