Apple Shares Hit Record High on Strong iPhone Sales, Boost Dividend

Apple (AAPL) shares hit a record high after it reported blockbuster sales of the iPhone. The company sold 61 million in the recent quarter. Apple had earnings of $2.33 a share on revenue of $58 billion for the quarter. Apple also boosted its dividend for the third time in 4 years. The dividend increase was 11% to 52 cents a share. Oil major BP (BP) reported a fall in profit as the plunging price of oil continues to hit revenues for the entire sector. The company's earnings come at a time of uncertainty for the energy giant, which has been the subject of takeover speculation. Shares of The Container Store (TCS) fell as much s 24% after hours as it missed expectations.