Apple Is on Track to Buy Back 20% of Itself by 2017 (Video)

An update on Apple's share buyback program. Assuming Apple relies on U.S. free cash flow and debt issuance to fund share buyback over the next three years, Apple is in a position to spend $150 billion on share buyback, repurchasing another 20% of its outstanding shares by 2017.

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Apple's Strategy for Growing iPhone Sales by 50% in Three Years

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