“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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gosh! If an analyst says it, it must be true!
And we read it on the internet!
Remember, it’s not just the buyback but also the threat of a buyback. It basically says, “we can use your FUD game to our advantage, too.”
… at the expense of what EPS 2015 and on ?!??!??!???
Lets just hope so, at least it would add a golden edge to looking defensive and manipulated by market forces.
My right foot has nowhere to go. Please mr analyst, bend over!
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.