Apple's $44 billion in stock buybacks have helped increase market cap by $100 billion

Apple's capital return program, focused on buying back stock, does appear to have had a favorable impact on Apple's share price. After spending $44 billion on stock buybacks over the past four quarters, Apple's stock has risen 29.2 percent or $129.28, a contribution that moved the company's market cap from $392 billion a year ago to $492 billion today, even as the company removed 80 million shares from circulation.

Daniel Eran Dilger 12 years ago 116

Apple, Inc. spent $18B to buy back 31.7 million shares of AAPL in March quarter

During its fiscal Q2 ending in March, Apple spent $18 billion to buy up its own stock off the market. More than three quarters of that total was used to snatch up discounted stock after investors panicked following Apple's Q1 earnings announcement in January.

Daniel Eran Dilger 12 years ago 53

Wall Street impressed by Apple's surprise second quarter, analysts see stock headed to new highs

Apple's second-quarter earnings report was packed with surprises that delighted investors on Wall Street, prompting some analysts to respond by raising their price targets for the iPhone maker's stock.

Neil Hughes 12 years ago 105

Apple's Q2 iPhone sales boom, carry declining iPad performance

During its quarterly conference call for the second quarter of 2014 on Wednesday, Apple announced huge growth for its iPhone lineup, while iPad sales were

AppleInsider Staff 12 years ago 64

Notes of interest from Apple's Q2 2014 conference call

Apple surprised the market on Wednesday by not only beating expectations for its second fiscal quarter of 2014, but also announcing a 7-for-1 stock split, increased share buybacks, and a a higher quarterly dividend. Following the announcements, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.

AppleInsider Staff 12 years ago 32

Apple announces 7-for-1 stock split, buybacks bumped to $90 billion

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.

AppleInsider Staff 12 years ago 188

Apple beats estimates with $10.2B in profit on sales of 43.7M iPhones, 16.3M iPads

Apple on Wednesday exceeded market expectations for its second quarter of fiscal 2014, posting $45.6 billion in revenue and quarterly net profit of $10.2 billion, or $11.62 per diluted share.

Neil Hughes 12 years ago 62

As Apple's growth slows, media questions if 'patience' & 'resolve' of Wall Street investors will last

Ahead of Apple's earnings call this afternoon, two major publications have openly questioned whether investors will continue to stand by one of the most profitable companies in the world, with the perception that Wall Street may be losing its patience with the iPhone maker in the face of slowing growth.

Neil Hughes 12 years ago 126

Earnings preview: Wall Street expects flat March quarter, awaiting new products in late 2014

With no major new products launched in the just-concluded March quarter, analysts on Wall Street don't expect big things from Apple when the company reports its earnings on Wednesday, generally projecting for revenue to be about flat with the same period from a year ago.

Neil Hughes 12 years ago 67

Early upgrade programs at US carriers forecast to help grow sales of Apple's iPhone

Apple is likely to see modest gains in iPhone sales in the medium term thanks to early smartphone upgrade programs from major U.S. wireless carriers, one analyst has projected.

Neil Hughes 12 years ago 16

'Now is the time to invest' in Apple ahead of new product launches, Morgan Stanley says

A strong recommendation for Apple stock was pushed by investment firm Morgan Stanley on Thursday, which said now is the right time to invest due to low institutional ownership, resilient iPhone sales, and anticipated upcoming product launches.

Neil Hughes 12 years ago 36

SV150: Apple, Inc. earns more than HP, Google, Intel & Cisco combined

A listing of Silicon Valley's top companies points out that Apple now brings in more revenue ($174 billion) than second place Hewlett Packard and third place Google combined, and earns more money ($37 billion) than the rest of the top five together.

Daniel Eran Dilger 12 years ago 50

Wells Fargo defends 'market perform' rating on Apple stock, says company is in midst of transition

Having downgraded its rating on Apple stock in January, Wells Fargo on Friday defended their neutral outlook for the company's near future, characterizing it as a long-term opportunity for investors that faces near-term hurdles while the industry transitions.

Neil Hughes 12 years ago 39

JP Morgan sees Apple further eating away at Windows PC market with sub-$1000 iOS notebook

Apple is excluding itself from a $63 billion market opportunity, investment firm J.P. Morgan believes, by only partially competing in the sub-$1,000 portable computing market, which is why one analyst argues Apple should introduce a new notebook powered by a more full-featured version of iOS.

Neil Hughes 12 years ago 134

Supply chain data suggests Apple's March quarter could be stronger than Wall Street expects

Sales data from some of Apple's biggest suppliers shows stronger than expected returns for the just-concluded month of March, potentially hinting that Apple itself could also surprise to the upside when it reports earnings later this month.

Neil Hughes 12 years ago 8

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