Shares rose as much 5 percent after hours, as investors digested the company's better - than - expected outlook for the current quarter, and a hefty capital return program. (cnbc.com)
Apple reported earnings on Tuesday for the fiscal second quarter, which has traditionally been the quarter when Apple announces capital return programs like share buybacks and dividends. (cnbc.com)
And he believes that means IBM's generous capital return program won't be able to continue. (cnbc.com)