AAPL: A 6% Yield, $28B Annually, Is Possible, Says Morgan Stanley
Morgan Stanley’s Katy Huberty today opines that a higher cash return from Apple (AAPL) could be a “catalyst” for the shares, writing that Apple’s projected return of free cash flow of 36%, between dividends and buybacks, is well below the average of 68% for IT companies in the Standard & Poor’s 500 — a 6% [...]
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