Shares of Apple soared more than 7% in premarket trading Thursday, one day after the company upped its share buyback and dividend. Apple also handily beat Wall Street's profit and sales estimates for the past quarter. Apple also announced a seven-to-one stock split, which will take effect on June 9. That would make the price of a single share of Apple significantly cheaper, paving the way for the company to possibly be included in the benchmark Dow Jones industrial average.
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