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Apple Profit Beats Forecast, Splits Shares and Boosts Dividend

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