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Appleâs Board of Directors has authorized a $140 billion share repurchase program that is expected to be completed by the end of March 2017.
Business Insider looked at the price of Apple stock for all iPhone releases from iPhone 4s onward, and calculated whether the launch of an iPhone is good or bad for the stock if you bought it on the day the new phone was released and held it until the day of the release of the next device, roughly a year later.