Apple shows the first decade decline in profits - Banker

report presented by Apple showed the first profit decline in a decade. Nevertheless, the company managed to gain in value due to the share buyback program, which is described as the largest in history. Apple results were well received by the market, as the company has gained significantly after they go public. The most important from the perspective of investors is the promise of the company on the dividend increase and share buyback program.

buyback program has been provided by the company’s CEO, Tim Cook, as the largest in history. The company increased its share buyback program by $ 50 billion and increase the dividend by 15 percent. This allows the investor is expected to hit $ 100 billion by 2015.

Previously Apple was losing heavily. The company was overestimated in September, due to the growing pressure of competition and the lack of faith that the manufacturer of the iPhone cope with new challenges. Meanwhile, the Apple has lost 40 percent. The course Apple is currently above $ 400 to the historical peak of $ 705.07 reached in September.

Apple showed the first decade decline in net income on an annual basis. In the first quarter of 2013 the company generated $ 9.5 billion in net profit to 11.6 billion dollars in the same period last year. Earnings per share amounted to 10.09 dollar against the U.S. dollar 12.3 the year before. The result was, however, better than analysts’ expectations, which implies the result of 10.07 dollar per share.

Company showed solid revenues of 43.6 billion dollars against 39.19 billion a year earlier. Here, too, Apple came out better than expected (forecast 42.5 billion). Margins were weaker than in the previous year (37.5 per cent. To 47.4 per cent., And expectations of 38.5 per cent.). The company also announced that sales of its flagship products – iPhone and iPad – has increased in relation to the previous year.

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