Key Points
Apple Inc. (NASDAQ: AAPL) reported a net income margin of 26.6% for the second quarter of fiscal 2026, highlighting its strong profitability. As part of its capital return program initiated in 2012, Apple has repurchased $851 billion worth of shares, anticipated to hit a cumulative total of $1 trillion following a recent addition of $100 billion to its buyback capacity, complementing $64 billion remaining from previous authorizations.
Over the past decade, Apple’s diluted earnings per share (EPS) have grown at a compound annual rate of 15.5% as the company reduced its outstanding share count by approximately 33%. Furthermore, Apple’s stock price has surged 1,140% in the last 10 years, partly attributed to its strategic capital allocation policies.
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