Apple Had Relatively Good Earnings and Is up 6% After Hours with $110 Billion in Share Buybacks
By Brian Wang
There were huge fears that Apple would have bad earnings and bad guidance. Apple is buying back a lot of shares. The company is boosting its buyback program by $110 billion. For context, Apple upped its authorization by $90 billion a year ago, and analysts were expecting a similar increase this time around.
Apple being stronger than expected is good for …
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