

On the latest call, Maestri said the company would discuss a new capital-allocation plan after it had seen its March quarter results. That's because investment-bank researchers are starting to speculate about the size of Apple's coming stock-buyback program.Īpple has been running a $300 billion "capital return program" (which allocates cash back to shareholders in the form of dividends and share buybacks) for several years, but the most recent plan is coming to an end.

On Apple's next earnings call, scheduled for May 1, analysts may be listening more closely to CFO Luca Maestri than CEO Tim Cook.

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