“The highlight of Apple’s next quarterly earnings call later this month could be moderate increases to the company’s share buyback program and dividend payouts to shareholders, many investors reportedly expect,” Neil Hughes reports for AppleInsider.
“Gene Munster of Piper Jaffray said in a note to investors on Wednesday that he expects Apple to announce an increase for its share repurchase program, as well as its quarterly dividend, in its next earnings report on April 23,” Hughes reports. “According to Munster, this belief is likely already priced into shares of AAPL, so any announcements come April 23 may not have a significant effect on the company’s stock price.”
Hughes reports, “Munster believes investors should buy in to AAPL stock, as he has high hopes for the company’s product refresh cycle in the second half of 2014.”
Read more in the full article here.
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