Apple’s Record Buyback and Sales Growth Forecast Entice Investors, Leading to Stock Surge
Apple’s shares have surged as the tech giant unveils a substantial stock buyback program and predicts sales growth, attracting investors who were previously cautious about weak demand and competition in China. The company’s focus on product updates, including an upcoming iPad event, aims to stimulate demand in its hardware business. Discover how buybacks and dividends play a role in maintaining investor faith, the impact of AI investments, and Apple’s target price amid market dynamics.