#apple buybacks

[macdailynews]

Apple could have purchased any of 487 S&P 500 companies, but CEO Tim Cook chose $853 billion in buybacks instead

While Wall Street obsesses over splashy acquisitions and AI mega-spends, Apple took a quieter, yet far more impactful, path. Instead of using the company’s massive cash reserves to snap up other businesses, Apple invested a staggering $853 billion in share buybacks since 2013. That war chest could have purchased nearly any of the other 487 companies in the S&P 500. Instead, Apple retired more…

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[macdailynews]

Apple officially abandons its 'net cash neutral' policy; could lead to accelerated buybacks and dividends

Apple Park in Cupertino, California In a notable evolution of its financial strategy, Apple has formally abandoned its “net cash neutral” target during Thursday’s fiscal second quarter 2026 earnings discussion. The move marks the end of a policy first announced in early 2018, when the company aimed to bring its massive cash pile (then $163 billion in net cash) roughly in line with its debt…

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[macdailynews]

Apple to report Q226 earnings on Thursday, April 30th

Apple will report FY26 Q2 earnings on Thursday, April 30, 2026 after market close, right around 1:30 p.m. PDT / 4:30 p.m. EDT Apple’s conference call to discuss second fiscal quarter results and business updates is scheduled for Thursday, April 30, 2026 at 2:00 p.m. PDT / 5:00 p.m. EDT. Join Apple here on April 30, 2026 at 2:00 p.m. PDT / 5:00 p.m. EDT to listen to the conference call…

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[macdailynews]

Apple pours $20.4 billion into Q3 buybacks, the most of any company

Apple led all companies in stock buybacks, investing $20.4 billion in its own shares during the third quarter. As a consistent repurchaser, Apple accounts for 19 of the 20 largest quarterly buybacks in history. (Meta Platforms occupies the 19th spot.) Though Q3 spending marked a decline from $23.6 billion in the prior quarter, Apple’s trailing 12-month total through September reached $96.7…

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[macdailynews]

While rivals plow money into data centers, Apple spends big on buybacks

Apple’s Reno, Nevada data center While other Magnificent Seven members pour billions into artificial intelligence initiatives, Apple is holding back. Its free cash flow is fueling the tech industry’s largest buybacks program. Andrew Bary for Barron’s: ‎ The spending disparity, apparent in Apple’s Thursday earnings release for the three months through September, the final quarter of its fiscal…

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[macdailynews]

How will Apple’s new CFO handle dividends and buybacks?

Apple on Monday announced that Chief Financial Officer (CFO) Luca Maestri will transition from his role on January 1, 2025. Maestri will continue to lead the Corporate Services teams, including information systems and technology, information security, and real estate and development, reporting to Apple CEO Tim Cook. As part of a planned succession, Kevan Parekh, Apple’s Vice President of…

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[macdailynews]

Following Apple's lead, Big Tech embraces a hallmark of pre-internet stocks

Shareholders aren’t just seeing their stock prices swell, they are getting paid too. The dividend, its importance demoted over the past couple of decades by the tech boom, is having a moment again, and Big Tech follows Apple into dividends. Hamza Shaban for Yahoo Finance: ‎ The dividend trend reflects the double role that tech giants hold in society and on Wall Street. They want to be perceived…

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[macdailynews]

Apple stock surges after earnings report

Dow Jones futures and other major stock indexes extended their rallies in Friday premarket trading after the U.S. Labor Department’s weaker-than-expected April jobs report. Among the risers was Apple stock, which enjoyed a surge fueled by a record $110 billion share repurchase plan. Scott Lehtonen for Investor’s Business Daily: ‎ The Labor Department’s April jobs report said the U.S. economy…

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