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Director / Editor: Victor Teboul, Ph.D.
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Apple Seen Boosting Share Buybacks After Blockbuster Results

Apple Inc's blockbuster results and a ballooning cash pile may prompt the company to boost share buybacks and dividends this year, with some analysts expecting the iPhone maker to return more than $200 billion to investors. Apple's shares rose as much as 8 percent to $118 in early trading on Wednesday, after the company posted the biggest-ever quarterly profit by a public corporation. Apple sold a record 74.5 million iPhones in the quarter and reported a 70 percent surge in...


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