Here’s a link to Apple’s press release about this morning’s announcement of their plans to initiate a dividend and share repurchase program.
Peter Oppenheimer:
Combining dividends, share repurchases, and cash used to net-share-settle vesting RSUs, we anticipate utilizing approximately $45 billion of domestic cash in the first three years of our programs. We are extremely confident in our future and see tremendous opportunities ahead.
But the real money quote was from Tim Cook during the call’s Q&A when he was asked about what future products are in the pipeline:
We actually do love to announce new products, we just don’t do it during conference calls.