Tag Archives: apple

Apple, Microsoft Lead All Companies in Stock Buybacks

Apple (AAPL) and Microsoft (MSFT) spent more on stock buybacks than any other companies, both in the third quarter and in the trailing 12 months. Apple spent $15.3 billion on stock buybacks in Q3, followed by Microsoft at $4 billion, according to data collected by FactSet Research. Companies in the S&P 500 spent a total of $156 billion on share buybacks in the third quarter, up 16% from the second quarter and a 6.4% increase from Q3 2014. The

Apple iPhone ‘Overhang’ Slugs Qorvo, Skyworks

Like dominoes, a sixth analyst since Monday pared his 2016 Apple (AAPL) iPhone estimates Thursday, while also cutting forecasts for Apple chip suppliers Skyworks Solutions and Qorvo. Needham analyst N. Quinn Bolton models a 5% year-over-year decline to 220 million iPhones shipped in Apple’s fiscal 2016, ending in late September, vs. prior estimates for a 6% jump to 245 million units. Bolton also remodeled his forecast for Skyworks (SWKS) and

Dow Movers: CAT, MSFT

In early trading on Thursday, shares of Microsoft ( MSFT ) topped the list of the day’s best performing Dow Jones Industrial Average components, trading up 0.9%. Year to date, Microsoft registers a 22.0% gain. And the worst performing