Don’t you wish you invested in Apple (AAPL) on January 30, 2014? The stock was valued at 71.397 and this week the stock is hitting highs around 120.
The major driving forces behind the stock price increases started on April 23, 2014 with the announcement of second quarterly results and an expansion of the capital return program.
“We generated $13.5 billion in cash flow from operations and returned almost $21 billion in cash to shareholders through dividends and share repurchases during the March quarter,” said Peter Oppenheimer, Apple’s CFO. “That brings cumulative payments under our capital return program to $66 billion.”
The stock improved more with the introduction of iOS 8 and OS X Yosemite. Finally, recording breaking iPhone 6 and 6 Plus sales starting in September and announcements of the Apple iPad Air 2 in October sealed the fate of the stock.
Congratulations Apple.