Apple reports highest-ever revenue of $74.6 billion
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Gross margin was 39.9 percent compared to 37.9 percent in the year-ago quarter.
Apple is providing the following guidance for its fiscal 2015 second quarter: revenue between $52 billion and $55 billion, gross margin between 38.5 percent and 39.5 percent, operating expenses between $5.4 billion and $5.5 billion, other income/(expense) of $350 million, and tax rate of 26.3 percent.
Apple's board of directors has declared a cash dividend of $.47 per share of the Company's common stock. The dividend is payable on February 12, 2015, to shareholders of record as of the close of business on February 9, 2015.
"We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 bill ■