“Apple is leaning toward additional dividends or a share buyback program as part of its effort to return more cash to investors, according to sources,” Gina Chon reports for Quartz. “The US tech company could announce the move this spring, potentially in conjunction with a product announcement, the sources said.”
“The announcement of the new cash distribution could possibly come alongside Apple’s unveiling of upgrades to the iPhone and/or iPad mini, which are rumored to be in the works,” Chon reports. “When announced, it is likely to give Apple’s shares a boost.”
Chon reports, “Whoever gets credit for Apple’s plan to return more cash, the move shows Apple is no longer immune to shareholder pressure.”
Read more in the full article here.