(Bloomberg) -- Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.The Cupertino, California-based electronics maker has told suppliers to pull back from efforts to increase assembly of the iPhone 14 product family by as many as 6 million units in the second half of this year, said the people, asking not to be named as the plans are not public. Instead, the com
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value19-Sep-2235,000 €462.7263 €16,195,420.50 20-Sep-2235,000 €461.9375 €16,167,812.50 21-Sep-2235,000 €465.2854 €16,284,989.00 22-Sep-2235,000 €457.3429 €16,007,001.50 23-Sep-2235,000 €442.5250 €15,488,375.00 ASML’s curre
Meanwhile, Microsoft just raised its dividend by 9.7% this week, and the stock now yields over 1.1%, along with even more shareholder returns via share repurchases. Meanwhile, Microsoft's Azure cloud infrastructure platform grew 40% last quarter, and appears to have many years of strong growth ahead of it; in fact, a recession might even accelerate cloud adoption among enterprises as they seek efficiencies. Microsoft actually has a higher bond rating than that of the U.S. government, with a Standard & Poor's AAA rating.