Apple shares rose $2.44 (+1.41%) to close at $175.43 in Friday trading. The company’s 52-week high of $176.39 was set on May 19th. Earlier this month, Apple reported Q223 earnings of $2.34 per share on revenue of $97.3 billion, beating analyst expectations of $2.18 per share on revenue of $94.1 billion. The company also announced that it would be returning $90 billion to shareholders in the form of buybacks and dividends. The strong earnings and buyback announcement have helped to further boost investor sentiment in the company. Charley Grant for The Wall Street Journal: The S&P 500, which is up 8.1% in 2023, would be down for the year without the contribution of the eight largest tech stocks. The tech-heavy…

In the upcoming weeks, Apple plans to offer five different bonds in a sale to finance its buyback and dividend initiatives, and could potentially raise up to $5 billion.Apple plans a new bond saleJust days after its recent buyback of $90 billion worth of shares, on Monday, Apple filed a prospectus with the US Securities and Exchange Commission for a new bond program. Read more...

In the upcoming weeks, Apple plans to offer five different bonds in a sale to finance its buyback and dividend initiatives, and could potentially raise up to $5 billion.Apple plans a new bond saleJust days after its recent buyback of $90 billion worth of shares, on Monday, Apple filed a prospectus with the US Securities and Exchange Commission for a new bond program. Read more...

One year after introducing a $90 billion stock buyback program, Apple has launched another to recover an extra $90 billion of common stock.Apple logo on a buildingAnnounced as part of Apple's financial results for the second quarter of 2023, Apple is preparing to perform more buybacks of its shares. In a new program, the board of directors has authorized the repurchase of up to $90 billion of Apple's common stock. Read more...

One year after introducing a $90 billion stock buyback program, Apple has launched another to recover an extra $90 billion of common stock.Apple logo on a buildingAnnounced as part of Apple's financial results for the second quarter of 2023, Apple is preparing to perform more buybacks of its shares. In a new program, the board of directors has authorized the repurchase of up to $90 billion of Apple's common stock. Read more...

One year after introducing a $90 billion stock buyback program, Apple has launched another to recover an extra $90 billion of common stock.Apple logo on a buildingAnnounced as part of Apple's financial results for the second quarter of 2023, Apple is preparing to perform more buybacks of its shares. In a new program, the board of directors has authorized the repurchase of up to $90 billion of Apple's common stock. Read more...