Archived Post

Apple shares up on expectations of record capital allocation program

Apple shares are gaining ahead of earnings tomorrow and investor/analyst believe that the report could include a record capital allocation program. Morgan Stanley thinks Apple could increase the capital return program by $150 billion, while analyst Katy Huberty expects $210 billion in share repurchases, $52 billion in dividends over three years, and about $30 billion available for acquisitions. 

Also, as noted by Seeking Alpha, Citi thinks the program will expand by $100 billion, while GBH Insights analyst Daniel Ives feels Apple will repatriate $200 billion.

In January, Apple said it expects to pay $38 billion taxes on what it plans to repatriate, implying it will bring back nearly all of its $250 billion in overseas profits. 

Like this article? Consider supporting Apple World Today with a $5 monthly Team AWT membership. 


Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.