Analyst: Increasing stock buyback plan by $50 billion would boost Apple’s 2014 EPS by $4.25

“Analyst Chris Whitmore of Deutsche Bank analyzed a possible financial outcome if Apple were to increase its existing share buyback plan,” Neil Hughes reports for AppleInsider.

“In his scenario, another $50 billion worth of shares purchased at an average price of $500 would add about $4.25 in earnings per share in the company’s fiscal year 2014,” Hughes reports. “In Whitmore’s estimation, that would be an increase of about 10.5 percent over the year.”

Hughes reports, “A $50 billion buyback at $500 per share could be self funding, the analyst believes.”

Read more in the full article here.

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7 Comments

  1. Idiot…
    Use 50 billion for innovation. Not waste in a stupid buy back. The current one should be canceled and the money put to work at Apple’s suppliers and for acquisitions.

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