From Bloomberg: The shares of Cupertino, California-based Apple declined as
much as 3.4 percent. While Cook outlined plans to debut new products starting
late this year, analysts including Gene Munster at Piper Jaffray Cos. had
expected the iPhone 5S in June and now anticipate that the new handset may not
ship until September at the earliest.
Cook yesterday boosted Apple’s quarterly dividend and
alloted more cash to buybacks, adding $55 billion to its plan to return cash to
shareholders -- bringing the total to $100 billion through 2015. Cook made the
announcements as Apple reported narrowing margins, an 18 percent decline in
earnings and acknowledged that growth will continue to slow….
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