Quantcast
Channel: DailyFinance.com
Viewing all articles
Browse latest Browse all 9760

Apple's Buyback Bonanza

0
0

Filed under:

Apple released its quarterly earnings yesterday after market close, and investors are celebrating today. Revenue came in at $35.3 billion with earnings per share of $7.47. The King of Cupertino also spent $16 billion on share buybacks. That's an encouraging sign for Apple investors, but Motley Fool analyst Matt Koppenheffer argues the real catalyst will come when Apple debuts the next big iDevice.

Our digital and technological lives are almost entirely shaped by just a handful of companies -- and Apple leads the pack. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.

The article Apple's Buyback Bonanza originally appeared on Fool.com.

Erin Kennedy owns shares of Apple. Matt Koppenheffer owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

Read | Permalink | Email this | Linking Blogs | Comments


Viewing all articles
Browse latest Browse all 9760

Latest Images

Trending Articles





Latest Images