Apple Boosts Profits With Buybacks. It Can Keep It Up for Years to Come.

 Apple Boosts Profits With Buybacks. It Can Keep It Up for Years to Come.

A key element of the Apple investment story in recent years has been the company’s aggressive stock-repurchase program. It continues to say that its goal is to reach a cash-neutral position over time, largely via the return of capital to holders via buybacks. 

In each of the past four fiscal years, in fact, Apple (ticker: AAPL) has returned more than 100% of free cash flow to investors, mostly via buybacks. Bernstein analyst Toni Sacconaghi asserted in a research note Wednesday that Apple could continue buying back between…

Related post