Apple authorises $100bn share repurchase and raises dividend 4%
Updated
Updated · The Motley Fool · May 4
Apple authorises $100bn share repurchase and raises dividend 4%
10 articles · Updated · The Motley Fool · May 4
The move followed fiscal second-quarter 2026 results showing revenue up 17%, earnings per share up 22%, and iPhone sales rising 22% to $57bn.
Services revenue grew 16% to a record $31bn, Greater China sales rose 28% to $20.5bn, and Apple forecast 14% to 17% revenue growth for fiscal Q3.
Apple returned about $45bn to investors in the first half while keeping capital spending to $4.3bn, contrasting with big tech rivals' far larger AI infrastructure outlays.
Are record share buybacks a sign of corporate confidence or a risky bet against future growth?
As tech giants split on buybacks versus AI spending, which path will create more long-term value?