Apple's shares could move 7 percent if it puts its massive cash hoard to work: Analyst
May 01, 2018 at 23:15 PM EDT
Apple has announced its plans to go net cash neutral, and will target to put nearly all its $163 billion in net cash to work. If it does so,the company could end up giving back $60 billion per year to investors, says Gene Munster, founder at Loup Ventures.