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Last Updated: Thursday, October 1, 2026 at 06:39 PM
Category: Business

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Latest News Today provides comprehensive coverage and analysis of breaking news stories. This article is part of our ongoing coverage of apple profit beats forecast splits shares boosts dividend n88091, bringing you verified information from trusted sources with added context and expert perspective.

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Apple Profit Beats Forecast, Splits Shares and Boosts Dividend

Apple earnings and revenue topped estimates and the company announced a 7-for-1 stock split and a dividend increase, sending its stock up 8 percent.
Apple announced a 7-for-1 stock split and quarterly profit and revenue beat Wall Street estimates on Wednesday.
Apple announced a 7-for-1 stock split and quarterly profit and revenue beat Wall Street estimates on Wednesday.MICHAELA REHLE / Reuters
/ Source: CNBC
Apple's profit beat expectations on Wednesday and the company announced a 7-for-1 stock split and a dividend increase.
The Apple logo on a retail store in the Marina neighborhood in San Francisco. Apple's profit beat expectations on Wednesday and the company announced a 7-for-1 stock split and a dividend increase.ROBERT GALBRAITH / Reuters

Apple did not respond to CNBC's request for comment on the report.

- CNBC

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