Apple launched a new $100bn share buyback plan and lifted its dividend by 16 per cent, marking the biggest increase in its capital returns to shareholders yet.
Shares in the iPhone maker traded 3.5 per cent higher after hours on Tuesday as it reported a 30 per cent jump in earnings per share and announced the capital return.
The world’s most valuable company issued a confident outlook for iPhone sales, in spite of concerns of a slowdown.
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