Apple Announces Largest-Ever $110 Billion Share Buyback As iPhone Sales Drop

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By BeauHDMay 3, 2024, 8:10 pm125 pts
Apple reported fiscal second-quarter earnings that topped estimates, despite a 10% drop in iPhone sales. The company also announced that its board had authorized $110 billion in share repurchases, "a 22% increase over last year's $90 billion authorization," notes CNBC. "It's the largest buyback in history,…

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