On Tuesday, Shares of Apple Inc. (NASDAQ:AAPL), dropped -1.58% to $130.56, hitting its highest level.
Apple, declared financial results for its fiscal 2015 second quarter ended March 28, 2015. The Company posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion, or $2.33 per diluted share. These results compare to revenue of $45.6 billion and net profit of $10.2 billion, or $1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent contrast to 39.3 percent in the year-ago quarter. International sales accounted for 69 percent of the quarter’s revenue.
The growth was fueled by record second quarter sales of iPhone® and Mac® and all-time record performance of the App Store℠.
Apple is providing the following guidance for its fiscal 2015 third quarter:
revenue between $46 billion and $48 billion
- gross margin between 38.5 percent and 39.5 percent
- operating expenses between $5.65 billion and $5.75 billion
- other income/(expense) of $350 million
- tax rate of 26.3 percent.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
Shares of Hanesbrands Inc. (NYSE:HBI), declined -1.57% to $31.32, during its last trading session.
Hanesbrands, declared that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share to be paid June 11, 2015, for stockholders of record at the close of business May 21, 2015.
The quarterly dividend is the ninth successive return of cash to stockholders since Hanes initiated its cash dividend program in April 2013. Hanes split its stock 4-for-1 after the March 2015 cash dividend. The $0.10-per-share rate of the planned June cash dividend is equal to the pre-split $0.40-per-share rate.
Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparels for men, women, and children in the United States. The company operates through four segments: Innerwear, Activewear, Direct to Consumer, and International.
At the end of Tuesday’s trade, Shares of Take-Two Interactive Software Inc. (NASDAQ:TTWO), dwindled -1.52% to $24.64.
2K declared the Company’s prominent WWE® video game franchise, WWE 2K, has made its Windows PC worldwide debut with the release of WWE® 2K15 via Steam. Accessible now for $49.99, WWE 2K15 for Windows PC mirrors the in-game content offered in WWE 2K15 for the PlayStation®4 computer entertainment system and Xbox One, the all-in-one games and entertainment system from Microsoft, counting a notable roster of WWE Superstars, Divas and Legends, the story-driven 2K Showcase and franchise-first MyCareer experience.
In addition to these features, WWE 2K15 provides consumers with a wealth of downloadable content, counting playable characters, new moves and new story-driven content at no additional cost. This offering represents noteworthy savings for consumers looking to experience WWE 2K on Windows PC for the first time. The free downloadable content is presently planned for release in spring 2015.
2K is a wholly owned publishing label of Take-Two Interactive Software, Inc. (TTWO).
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels.
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