Apple last week announced that it would embark on a massive stock repurchasing plan whereby it will purchase US$60 billion worth of its own shares by the end of 2015. In a press release on the matter, Apple called it the "largest single share repurchase authorization in history."
What's more, the company also announced a 15% increase to its quarterly dividend, upping the payout from $2.65 to $3.05 per share.
Taken together, Apple's capital return program is designed to return a total of $100 billion to shareholders.
That's a lot of dough, but with upwards of $145 billion in the bank, there's no denying that Apple has the cash to make that happen. There's just one slight problem -- the bulk o
