Buybacks are another way to return cash to shareholders besides dividends. In recent years, buybacks have increased in popularity, exceeding dividends due to their flexibility.
Maxim Group initiated Apple stock with a hold rating and a $178 price target on Wednesday. Concerns center on Apple's vulnerability to slowing iPhone sales in China.

Massive News for Apple Stock Investors

09:15am, Thursday, 18'th Apr 2024
Apple is losing market share in a growing smartphone market.
Though the most prominent of Warren Buffett's stocks – Apple (NASDAQ: AAPL) – has been doing poorly in 2024, the Oracle of Omaha's portfolio still represents an exceptionally rich vein of mostly b
It's been a dreary April, with a 4.4% drop for the S&P 500, and a fall of 2% this week. It's also in the grips of the longest slide since January, with a fear gauge on the rise.
Apple is facing multiple issues that affect its financial results and underlying business. However, there remain good reasons to be excited about its long-term prospects.
Technology market research outfit IDC reports that sales of Samsung smartphones outpaced iPhone sales in Q1. This shift in market leadership requires knowing the context of these quarters as well as t
Tim Cook will meet with Singapore's next leader to conclude a whirlwind tour around Southeast Asia as Apple expands in the region.
Huawei launched the Pura 70 series of smartphones on Thursday in a bid to continue its resurgence in China and ramp up its challenge to Apple in the market.

Apple Weighs Indonesia Production

03:28am, Thursday, 18'th Apr 2024
Apple is weighing the possibility of making some of its gadgets in Indonesia, CEO Tim Cook told reporters on Wednesday. The iPhone maker explores production bases beyond its longtime stronghold of Chi
Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17.
Tom Forte, Maxim Group managing director, joins 'Closing Bell Overtime' to explain why he thinks Apple is dead money after downgrading the stock to hold.
I think it's safe to say the metaverse hasn't really delivered quite yet, at least as quickly as many investors hoped. Undoubtedly, the metaverse is still very much in the “under construction” mod
New York billionaire John Catsimatidis said his firm Red Apple Group is looking to make “green” energy affordable by developing a new breed of small nuclear reactors — and the company has hired
Keith Fitz-Gerald, Fitz-Gerald Group principal, joins 'Power Lunch' to discuss buying into tech and weighs in on stock trends in the sector.
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