Analyst: Apple is a cash flow machine

“Investors should expect a dividend increase and a bigger stock buyback when Apple reports earnings next week, Citi technology analyst Jim Suva told CNBC on Monday,” Nana Sidibe reports for CNBC.

“He projects the tech giant will raise its dividend by a minimum of 10 percent and boost the buyback from $90 billion to $120 billion,” Sidibe reports. “‘Apple is a cash flow machine,’ Suva said on ‘Squawk on the Street.’ ‘They have too much cash, that’s a good problem. They can give more back to shareholders.'”

“The launch of the Apple Watch also highlights the popularity of Apple products. Demand has highly exceeded supply, according to Suva. That has led to shipments of some watches being pushed back to June and July,” Sidibe reports. “‘If demand is out stripping supply that’s a great position to be in and that’s what they are in right now,’ he said.”

Read more in the full article here.

MacDailyNews Note: Aple reports Q215 results after the bell on Monday, April 27th.

8 Comments

    1. OK, why are you posting articles from 5 years ago?

      Seriously, the way the US over-promotes the stock market is just causing too much stupidity to happen. At least in Vegas, you know the thumbs on the wheel [the odds are against you]. The stock market is pushed as being fair and open, everyone can win or lose. Except Vegas has nothing on the major investment banking operations for having a thumb on the wheel.

  1. One small problem is that most of Apple’s cash flow is being held overseas and shareholders may never see any benefit from it. Who knows when there will ever be a tax holiday. I guess there is no solution as China is going to become one of Apple’s largest customers and the money will just remain trapped over there. In some ways I can see why Wall Street doesn’t value Apple’s cash reserve. It’s pretty much untouchable unless Apple is willing to take considerable tax losses. Too bad its just sitting in a bank and not being used overseas for large projects.

    1. No problem, well kinda not a concern ….. Apple will issue Bonds to cover any cash needed in the US …..

      Eventually Congress will pass some sort of “Tax Holiday” to get Apple’s cash as well as hundreds of other Companies cash back into the USA!

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