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Apple's $14B CapEx in 2026 keeps cash for buybacks, boosting EPS despite slower growth and rising costs.

Analyst Insights
04 Sep 2026
Seeking Alpha
View Source
Bullish
Apple's $14B CapEx in 2026 keeps cash for buybacks, boosting EPS despite slower growth and rising costs.

Apple plans $14 billion in capital expenditures for 2026, significantly less than hyperscalers spending $130–220 billion, allowing more cash for shareholder buybacks. Since 2012, Apple has spent about $840 billion on buybacks, cutting shares by 45%, which supports an expected 18.29% EPS growth in 2026. However, Apple’s high valuation at 36.8 times forward earnings offers limited downside protection amid risks like rising iPhone component costs and slowing App Store revenue growth. The company’s capital allocation strategy favors shareholder returns over heavy infrastructure spending, balancing growth with financial discipline.

More News (AAPL)

Apple plans new M6 MacBook Pro and iMac this fall, with MacBook Air and iPad Pro updates in early 2027.

Apple plans new M6 MacBook Pro and iMac this fall, with MacBook Air and iPad Pro updates in early 2027.

Apple is set to launch new M6-powered devices starting with the 14-inch MacBook Pro and iMac in October or November 2026, featuring performance and efficiency upgrades but limited design changes. The MacBook Air and iPad Pro are expected to receive M...

Market News
Bullish
14 hours ago
Apple's $1,000 investment could take over 23 years to grow tenfold at current growth rates.

Apple's $1,000 investment could take over 23 years to grow tenfold at current growth rates.

Apple previously turned $1,000 into over $12,000 in a decade, but future growth is expected to be slower. By 2031, a $1,000 investment might grow to around $1,626 under a base case, with a 10.22% annual return. A 10x return to $10,000 could take abou...

Analyst Insights
Bullish
15 hours ago
Apple absent from Trump's AI summit, but insiders say it's not a concern.

Apple absent from Trump's AI summit, but insiders say it's not a concern.

Apple was notably absent from a White House meeting hosted by President Donald Trump with top tech CEOs to discuss artificial intelligence. Despite no Apple executives attending, insiders like Altimeter Capital CEO Brad Gerstner downplayed the absenc...

Market News
Neutral
1 day ago
Jim Cramer urges buying Apple shares ahead of the foldable iPhone Duo launch on Oct 23.

Jim Cramer urges buying Apple shares ahead of the foldable iPhone Duo launch on Oct 23.

Jim Cramer recommended buying Apple stock before the release of its first foldable iPhone, the Duo, which launches on October 23. Despite Apple's stock already reaching a 52-week high, Cramer highlights the Duo as a significant catalyst beyond the us...

Analyst Insights
Bullish
1 day ago
Alphabet rallies 3% as White House AI safety accord signs off; Apple gains, Meta slips slightly.

Alphabet rallies 3% as White House AI safety accord signs off; Apple gains, Meta slips slightly.

Alphabet's stock rose 3% following the signing of a voluntary AI safety accord at the White House, which included Google CEO Sundar Pichai among the signatories. Apple shares gained 2.5%, while Meta Platforms saw a slight decline of 0.3%, reflecting ...

Market News
Bullish
1 day ago
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