Apple: Massive Buyback Powers Shares After Hours
by Bret Jensen
The much anticipated earnings report from Apple (AAPL) came out after the bell Tuesday. It was a mixed report. AAPL beat on the top and bottom line. It also upped its dividend and substantially increased its buyback program by some 500%. The one significant negative is around guidance for the next quarter. Apple has always been a second half story for 2013. Let's take a look at Apple's earnings report, massive buyback, guidance and what will drive the stock higher in the second half of the year. read more »
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