- Bloomberg
Apple’s $110 Billion Stock Buyback Plan is Largest in US History
(Bloomberg) -- In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defe
- Barrons.com
Apple Stock Jumps on Better-Than-Feared Earnings Report and Huge Buyback
Apple shares gained ground in late trading Thursday after the company posted March quarter results that weren’t as bad as the market had feared. For the March quarter, Apple posted revenue of $90.8 billion, down 4% from a year ago, and slightly above the Wall Street consensus forecast as tracked by FactSet of $90.5 billion. Apple said it expects to return to modest revenue growth in the June quarter.
- Zacks
Big Quarterly Beats After the Bell: AAPL, SQ, COIN & More
While Apple mildly beat estimates, Block, Coinbase, Booking and Expedia all crushed expectations.
