Apple Inc. (AAPL), QUALCOMM, Inc. (QCOM) & The Largest Share Buybacks Of The Year

The stock will clearly become more valuable over time as shares are taken off the market. And the fact that the company has been paying hefty quarterly dividends now is a plus. One wonders if the payouts can be sustainable, but keep in mind Apple’s cash flow. At the end of the first quarter 2013, Apple Inc. (NASDAQ:AAPL) reported $145 billion in cash on hand. While all of that money isn’t in the U.S. to pay dividends, it’s still plenty of reserve cash.

In the end

The hardware-component industry is one that requires massive capital investment in order to be successful, with a complex supply chain connecting it all together. These three companies prove that immense success is possible. This is especially true if you can combine hardware and software together the way Apple Inc. (NASDAQ:AAPL) has.

Of course, not everyone can do that. But both QUALCOMM, Inc. (NASDAQ:QCOM) and Texas Instruments Incorporated (NASDAQ:TXN) do well enough simply selling innovative pieces of hardware to propel the software. And buybacks by all of these companies suggest that hardware-focused companies are the stocks to invest in.

The article The 3 Largest Share Buybacks by Tech Companies So Far in 2013 originally appeared on Fool.com and is written by Daniel Cawrey.

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