Apple's $110 BILLION Stock Buyback | Largest Stock Buyback Ever

Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%. Apple shows its steepest quarterly decline in iPhone sales since pandemic’s outset. Apple's Q1 smartphone shipments in China tumble 19%, data shows. Cook told CNBC that sales in the fiscal second quarter suffered from a difficult comparison to the year-earlier period, when the company realized $5 billion in delayed iPhone 14 sales from Covid-based supply issues.

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