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$TEL said that its BoD has approved a recommendation to increase the quarterly dividend by 12% from $0.33 to $0.37 per share, starting in Apr'16. The increase would raise $TEL's dividend by 12% from the annual rate of $1.32 per share to $1.48 per share, and will be presented for shareholder approval at $TEL's AGM of Shareholders on Mar 2, 16.
Apple ($AAPL) reported decline in sales and profits from comparable quarter last year, attributing the decline to announcement of iPhone 7/7s. Sales and profit are being guided higher for next quarter. Apple is a solid company and will continue to dominate tech and consumer electronics segment for a while. Personally, looks like there is little downside in this investment.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."