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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.
Whether Apple shares do the same after the iPhone 7 launch is yet to be seen. Wall Street analysts seem to think the stock will hit $123.76 within 12 months, a 17% upside to the stock's current price. The stock is down nearly 2% this year.