Everyone can stop their hand wringing and step down off their soapboxes prophesying doom for Apple. In its earnings report today, the technology giant beat Wall Street revenue expectations by $1.3 billion and also announced it was doubling capital returns for shareholders totaling up to $100 billion in cash. However, profit did decline for the first time in a decade, down from $11.6 billion in the first quarter of 2012 to $9.5 billion this past quarter.
Read it at Reuters
