Apple shares up on expectations of record capital allocation program
<p>Apple shares are gaining ahead of earnings tomorrow and investor/analyst believe that the report could include a <a href="https://www.cnbc.com/2018/04/30/apple-shares-jump-on-optimism-for-a-big-boost-to-buyback-dividend-program.html" target="_blank" rel="noopener noreferrer">record capital allocation program</a>. 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. </p>