Apple sold 37.4 million units of the Apple iPhone and 19.5 million units of the Apple iPad during the quarter. Stockholders will be happy to hear that the company has raised its dividend to $3.05 a share. Apple generated $12.5 billion in net cash flow during the period, leaving the tech titan with $145 billion in cash
For the third quarter, Apple is expecting to report revenue between $33.5 billion and $35.5 billion with gross margin between 36% and 37%. Apple's shares were halted before the earnings report was released at $406 after rising almost $7.50 for the day.