Analyst Katy Huberty with Morgan Stanley has issued a note to investors with the firm's belief that Apple is "more likely than ever" to pursue a course of share buy-backs or increased dividends to shareholders, noting that Apple's projected cash reserves over the new few years are "significantly more" than the company needs, AppleInsider reports. The company currently has $76 billion in cash on hand, one of the largest such reserves in the corporate world.