Expected $100bn shareholder returns from Apple

Apple is set to announce a record-breaking expansion to its capital returns scheme, and intends to provide at least an extra $100bn to shareholders, likely to win over investors concerned about the drastic decrease in smartphone sales, as it redistributes its repatriated overseas profit of around $250bn.

It has been professed that Apple has sold an estimated 54m iPhones in the last three months, and as a consequence is expected to announce revenues of about $61bn for the first quarter despite the weakening in shares due to the repeatedly expressed doubts of companies like Qualcomm and Samsung.

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Following its share buyback scheme instigated in 2012, Apple has continually increased its capital returns programme, and at the current rate would beset to have repurchased around $300bn worth of shares by March 2019. As a consequence investors are eagerly awaiting the announcement that Apple may increase its programme by up to an estimated $150bn, hoping that it may shed light upon the companies financial situation in this current period, in conjunction with the announcement of profits for the first quarter of 2018.

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James Watling

Hi, I'm James, a writer at Apple Summit as well as CEO and co-founder of Apple Juice Tech.

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