Following by the release of Apple iPhone 6 and 6 plus, Apple Inc. (NASDAQ:AAPL) has broken all records and estimations about sales and income in the last quarter. One of the reasons of success is its increasing international sales that accounted for almost 60 percent in the last quarter.
Apple stock has always been a center of attention for investors and the analysts, as they keep an eye on what kind of product the company launches and its enormous sales statistics. The main focus of investors will be on the impact of US dollar Apple's revenue. According to sources, it is believed that the company might have a negative impact as more than half of its sales come from international market, if the dollar market is not in favor of the United States.
Apple Inc. will reveal its quarter results after the close of U.S financial market on Tuesday. As per expectations, Apple Inc will post first quarter income of almost 15.32 billion or earnings per share of $2.57. On the contrary, overall revenue will be $67.5 billion when matched with $57.59 billion revenue of previous year.
During the last 3 months, the average share price was $111.49 after an increase of almost 8.06 percent. However, share price of Apple Inc. have s0ared 44.43 percent t0 average $94.27 in the past 12 months.
Investors are expecting an increase in Apple's dividend, as previously the company recalled its dividends in 2012 and increased its payment by 15% in 2013, followed by 8% in 2014. As both of the time company declared its dividend in April, so there are chances that the investor will have an advantage in April 2015. Apple Inc. management shows great commitment when it comes to listening to shareholders' needs and distributing capital. Tim Cook, Apple Inc. CEO during a conference call in September said, "We are highly dedicated in performing our objective to provide attractive return to our shareholders by regularly reviewing our capital allocation. We always get feedbacks from shareholders on our capital return program and will continue this approach in future as well".
Almost 45 analysts gave a buy call on Apple Inc. share, followed by 13 hold calls and 4 sell calls. The average target price on the share is $124.