Intermediate and near-term downtrend for Apple
The Company also announced that its Board of Directors has authorized an increase of $50 billion to the Company’s program to return capital to shareholders. Under the expanded program, Apple plans to spend a cumulative total of $250 billion of cash by the end of March 2018.
http://www.apple.com/pr/library/2016/04/26Apple-Reports-Second-Quarter-Results.html
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