Apple Inc.
disclosed Thursday that it spent $78.9 billion to buy back 92.6 million shares during the fiscal fourth quarter ended Sept. 28, or about 2% of the shares outstanding. That's a sharp increase from the $17.0 billion Apple spent in the previous quarter, and the $49.2 billion spent over the previous three quarters. Apple's stock rose 13.2% during the quarter, to boost its market-capitalization by roughly $115.7 billion as of the latest share count.
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