Investors seem pleased with what Apple had to say in their Q2 2013 financial report released earlier today, as AAPL stock rose in after hours trading.
Apple reported $43.6 billion in revenue (up from $39.2 billion in the year-ago quarter) along with $9.5 billion in quarterly net profit, working out to earnings of $10.09 per share.
Apple also announced additional plans for their massive cash stockpile. The company will be increasing their stock dividend by a full 15%, and has increased their stock buyback program from $10 billion to $60 billion. Together, these steps account for an additional $100B in cash returned to stockholders.
