Page 30 - Scott Sutherland News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> susie: good evening, everyone. remarkable earnings from apple today. after the market closed, apple's quarterly results blew away even the most optimistic estimates. tom, profits surged 94%. >> tom: these are big numbers. they were remarkable. apelt earned $12.30 a share in the fiscal quarter. $2 better than estimates. revenues also came in better than expected: $39.2 billion. >> susie: this is the best quarter ever for tech innovator apple, and the stock surged as much as 5% in hours after trading. suzanne pratt is standing by with more. >> reporter: susie, nervousness about appl...

>> susie: good evening, everne. rerkable earnings from ale toy. after the market closed, apple's quarterly results blew away even the most optimistic estimates. tom, profits surged 94%. >> tom: these are big numbers. they were remarkable. apelt earned $12.30 a share in the fiscal quarter. $2 better than estimates. revenues also came in better than expected: $39.2 billion. >> susie: this is the best quarter ever for tech innovator apple, and the stock surged as much as 5% in hours afr tradin suzanne pratt is standing by with more. >> reporter: susie, nervousness about apple's quarter ...

>> susie: good evening, everyone. remarkable earnings from apple today. after the market closed, apple's quarterly results blew away even the most optimistic estimates. tom, profits surged 94%. >> tom: these are big numbers. they were remarkable. apelt earned $12.30 a share in the fiscal quarter. $2 better than estimates. revenues also came in better than expected: $39.2 billion. >> susie: this is the best quarter ever for tech innovator apple, and the stock surged as much as 5% in hours after trading. suzanne pratt is standing by with more. >> reporter: susie, nervousness about appl...

>> sysco started low. they are expected to do something. this is no reason to own the stock whatsoever. you want to own it for earnings. >> now that they've issued a dividend, now mutual funds that need to have dividend paying stocks can own it. >> but there were people with dividend funds that say, listen -- >> that's an excellent point. what about calpers? maybe it will make it more attractive, to melissa point, to a pension fund perspective. >> right. jpmorgan had a report out saying 40% of the index to the russell 1000 do not own apple. 40% do not own apple. 77% of shares are hel...

is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. tom hudson will be along a little later in the program. no dividend for apple shareholders. investors were hoping that apple would announce today its first ever dividend payment at its big annual meeting. with apple sitting on $100 billion in cash, shareholders have been clamoring for a dividend. this was the first question from the floor to c.e.o. tim cook at the meeting held at the company's headquarters in cupertino, california. cook responded"we'rehinkin ry deeplabout the question. the board wants...