Boston, MA 04/23/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL)’s 2Q2014 earnings report and the massive share repurchase program of Apple provokes an increase in Revenue. The international iPhone sales have paved the way for a holding pattern in 2Q2014. The dividend and its buyback announcements are highly expected.
Apple’s earnings report likely to disappoint retail investors
The tech giant’s flat iPhone sale has made retail investors impatient. The company which is to release its 2Q2014 earnings after the market close on April 23, 2014 is analyzed to report revenue of $43.55 billion. This is quiet less when compared to $43.6 billion revenue in 2013. An earning of $10.17 per share is expected as compared to $10.09 earnings per share during the same period last year.
The Repurchase Program
Apple Inc. (NASDAQ:AAPL)’s topline is still growing, and Apple provides a 2.3% current dividend yield to its investors. The company plans for a massive share repurchase program, and this is expected to be the largest repurchase program in the history. The huge cash in the company’s balance sheet has made investors fear of a massive repurchase of shares.
The well moving iPhone and Apples upcoming products
Apple’s iPhone sale is well set on the move, and the company has planned innovative products that are to be launched. The products planned include iWatch, a larger iPad and iPhone6. The new products are expected to tap a much larger and broader consumer market.
The catalysts of Growth and the next big product
Two major trends serve to drive massive revenue to Apple. First being the ever increasing smartphone and tablet market and second the huge China market for iPhone. It is also witnessed that Apple’s own new products cannibalize its own products. For instance, iPhone, destroyed iPod and iPad destroyed Mac sales. With a scenario like this Apple Inc. (NASDAQ:AAPL)’s upcoming iPhone 6 and other innovative products are likely to cannibalize its present products.
