By early last year, Apple’s cash balance had built to a point beyond
what we needed to run our business and maintain flexibility to take
advantage of strategic opportunities, so we announced a plan to return
$45 billion to shareholders over three years. As of next week we will
have executed $10 billion of that plan.
We find ourselves in the fortunate position of continuing to generate large amounts of cash, including $23 billion in cash flow from operations in the last quarter alone.
Apple’s management team and Board of Directors have been in active discussions about returning additional cash to shareholders. As part of our review, we will ......... story continues HERE.
We find ourselves in the fortunate position of continuing to generate large amounts of cash, including $23 billion in cash flow from operations in the last quarter alone.
Apple’s management team and Board of Directors have been in active discussions about returning additional cash to shareholders. As part of our review, we will ......... story continues HERE.
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