Apple, Inc. Buyback
OLI recorded this information on 4/23/2014
The Board has increased its share repurchase authorization to $90 billion from the $60 billion level announced last year. The Company expects to continue to utilize about $1 billion annually to net-share-settle vesting restricted stock units.
Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Co.'s products include: iPhone; Mac; iPad; and wearables, home and accessories, which includes AirPods®, Apple TV®, Apple Watch®, Beats® products, HomePod, iPod touch® and other Apple-branded and third-party accessories. Co.'s services include: digital content stores and streaming services; AppleCare, which includes AppleCare + (AC+) and the AppleCare Protection Plan; iCloud, which is Co.'s cloud service; licensing; and other services, which include Apple Arcade, Apple Card, Apple News+, and Apple Pay, a cashless payment service.
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Buy (3.15 out of 4)
(ranked lower than approx. 54% of all stocks covered)
Based on Zacks ABR data;
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