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Capital Expenditures

Tyler Durden's picture

Apple Announces $10 Billion Share Repurchase Program, $2.65 Quarterly Dividend, Plans To Spend $45 Billion Over 3 Years

Submitted by Tyler Durden on 03/19/2012 07:33 -0500



And so Steve Jobs legacy is now gone as Apple goes Jamie Dimon. At least Apple was not part of the stress test. And as announced yesterday, we for one, can't wait to find out if it was JPM that advised Apple, to pull a JPM. Finally, we hope that AAPL's cash creation rate remains the same, as $45 billion in 3 years may put quite a large dent on the company's onshore cash, which according to reports is one-third of total.

 
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