Apple announces $110B share buyback after quarterly profit and revenue drop

https://www.thenationalnews.com/business/markets/2024/05/02/apple-announces-110bn-share-buyback-after-quarterly-profit-and-revenue-drop/
Visitors look at new iPhones during an Apple event in September in Cupertino, California. AFP
Visitors look at new iPhones during an Apple event in September in Cupertino, California. AFP

The company's stock surged almost 12% in after-hours trading on Thursday




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"title": "Apple announces $110B share buyback after quarterly profit and revenue drop",
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"date": "2024-05-03T05:44:30.982Z",
"description": "The company’s stock surged almost 12% in after-hours trading on Thursday",
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"title": "Apple announces $110bn share buyback after quarterly profit and revenue drop | The National",
"url": "https://www.thenationalnews.com/business/markets/2024/05/02/apple-announces-110bn-share-buyback-after-quarterly-profit-and-revenue-drop/"
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{
"url": "https://www.thenationalnews.com/business/markets/2024/05/02/apple-announces-110bn-share-buyback-after-quarterly-profit-and-revenue-drop/",
"title": "Apple announces $110bn share buyback after quarterly profit and revenue drop | The National",
"description": "Visitors look at new iPhones during an Apple event in September in Cupertino, California. AFPThe company's stock surged almost 12% in after-hours trading on ThursdayEnergy This WeekExpert analysis on oil...",
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"content": "<div><div><figure><picture><source media=\"(min-width: 1024px)\" srcset=\"https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/RRM6R2IYJZF2BBRYXFZLEXEM3Q.jpg?smart=true&amp;auth=b0a426034a687f20eef0417d7b86120a06198652dfdc680904dc1f8daa43c999&amp;width=800&amp;height=450\"></source><source media=\"(min-width: 768px)\" srcset=\"https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/RRM6R2IYJZF2BBRYXFZLEXEM3Q.jpg?smart=true&amp;auth=b0a426034a687f20eef0417d7b86120a06198652dfdc680904dc1f8daa43c999&amp;width=600&amp;height=337\"></source><source media=\"(min-width: 350px)\" srcset=\"https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/RRM6R2IYJZF2BBRYXFZLEXEM3Q.jpg?smart=true&amp;auth=b0a426034a687f20eef0417d7b86120a06198652dfdc680904dc1f8daa43c999&amp;width=400&amp;height=225\"></source><img alt=\"Visitors look at new iPhones during an Apple event in September in Cupertino, California. AFP\" src=\"https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/RRM6R2IYJZF2BBRYXFZLEXEM3Q.jpg?smart=true&amp;auth=b0a426034a687f20eef0417d7b86120a06198652dfdc680904dc1f8daa43c999&amp;width=400&amp;height=225\" /></picture><figcaption>Visitors look at new iPhones during an Apple event in September in Cupertino, California. AFP</figcaption></figure></div><hr /><div><p></p><h2>The company's stock surged almost 12% in after-hours trading on Thursday</h2><p></p></div><hr /><hr /><hr /><div><p>Energy This Week</p><p>Expert analysis on oil &amp; gas renewables and clean energy</p><div><p>By signing up, I agree to The National's <a href=\"https://www.thenationalnews.com/privacy-policy/\" target=\"_blank\">privacy policy</a></p></div><p><a target=\"_blank\" href=\"https://www.thenationalnews.com/newsletters/energy-this-week/\"><img src=\"https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/3J3NYGBEKJBB5E4AVCVFN2MICU.jpg?smart=true&amp;auth=a554394c1c5beedbf11e0da53c9d3b30c80768cf3ff94a0faba2f1eedab9cdd7&amp;width=200&amp;height=200\" alt=\"Energy This Week\" /></a></p></div></div>",
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