Apple's shares could move 7 percent if it puts its massive cash hoard to work: Analyst

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.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.