Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10% Appleshares climbed 7% in extended trading on Thursday after the iPhone makerreportedfiscal second-quarter earnings that topped estimates and announced an expanded stock buyback program. Apple announced that its board ha...
Apple also said it will spend over $30 billion in capital expenditures over the next five years. About $10 billion in capital expenditures will be investments in U.S. data centers, the company said. Apple added that it will spend $5 billion as part of an innovation fund, up from the$1...
Apple on Wednesday released its quarterly earnings for the second quarter of 2014, announcing a seven-for-one stock split coming in June, as well as a boost to share buybacks now capped at $90 billion. After announcing earnings of $45.6 billion in revenue and $10 billion in pro...
A new report is calling Apple's stock buyback program, which amounted to $62.9 billion in the first half of 2018, a bad investment, while ignoring the actual impact of what happens when a company retires shares. Anew reportby theWall Street Journalhighlights the money that co...
Tech giant Apple has announced plans to build a $1 billion campus in Austin Texas, along with smaller facilities in Seattle, San Diego, and Culver City. The Austin plans, images of which have not been released, will see the creation of at least 5,000 jobs in the Southwestern city as ho...
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late September) to roughly $97 billion in fiscal 2023. But thanks to Apple spending $77.55 billion on buybacks last year, which retired more than 513 million shares, the company's adjusted EPS actuallyincreasedby $0.02 to $6.13 per share in 2023, despite the $2.8 billion drop in net ...
Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to struggle with growth challenges, particularly in China, amid an uncertain economic environment. The company also announced a $110 billion share buyback – the large...
Apple should launch $150 billion stock buyback: Carl IcahnBarbara Ortutay
Shell Announces $3.5 Billion Share Buyback, Better-Than-Expected Profit February 01, 2024 01:10 PM EST Energy giant Shell (SHEL) on Thursdayreported a 2023 profitof $28 billion, down almost 30% from the previous year, but said it will raise its dividend and hand back $3.5 billion to sh...