Prediction: 3 Stocks That Will Be Worth More Than Apple 3 Years From Now
What are Apple's plans for share repurchases?
Apple has announced an additional $110 billion in share repurchases, marking the largest share buyback program in corporate history. This move comes as part of Apple's efforts to return capital to investors and shows confidence in the company's future prospects.
What caused Apple's stock to rally over the past three years?
Apple's stock rally over the past three years can be attributed to a combination of factors, including cyclical recovery in iPhone sales, expansion into higher-growth markets like India, the growth of its subscription ecosystem, and the company's regular repurchasing of shares to boost its EPS. Additionally, recent hype regarding Apple's generative AI plans for its first-party apps may have also contributed to the stock's strong performance.
How much is Apple’s expected revenue CAGR from 2023 to 2026?
Apple's expected revenue CAGR from 2023 to 2026 is 5%. This growth is anticipated to be driven by a cyclical recovery in iPhone sales, expansion into higher-growth markets like India, and the evolution of Apple's subscription ecosystem, which hosts over a billion subscribers.