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Apple's board of directors decided to return to shareholders more than $ 200 billion until 2017

Apple continues to return capital to shareholders. The return program will be expanded by more than 50%. The board of directors decided to return more than $ 200 billion to shareholders by the end of March 2017. The program also includes a buy-back of shares worth $ 140 billion. Although only $ 90 billion was planned last year.

In addition, it was decided to increase the size of quarterly dividends by 11%. Apple "does not forget how important dividends are for the majority of our investors, so we are increasing the size of payments for the third time in less than three years," said CEO Tim Cook.

Since August 2012, the company has spent more than $ 112 billion on the program implementation.
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Despite the expansion of the program , from December to March, Apple 's stock of cash increased from $ 178 billion to $ 193.5 billion.

The company receives most of its revenue abroad. Sales of smartphones in China, Hong Kong and Taiwan brought in $ 16.8 billion, which is 72% more than last year. In Europe, this amount was $ 12.2 billion, in Server and South America - $ 21.3 billion.

Apple's revenue in the second quarter increased by 27% - to $ 58 billion. Yesterday, Megamind wrote that such record figures were achieved due to a surge in sales in China.

Source: https://habr.com/ru/post/290118/


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