Investors now fear that iPhone X sales are falling, if not quite leaping, off a cliff.
The potential share buybacks and dividends follows the passage of the USA tax bill late previous year, which makes it cheaper for Apple to bring back the more than $250 billion it holds overseas.
As far as what Apple may forecast for the third quarter, the expectation is $51.72 billion in revenue and $2.13 per share in earnings, including 42 million units of the iPhone. GBH Insights analyst Daniel Ives said.
Apple is rumored to be working on its largest iPhone ever and two other phones.
While the iPhone X has its fair share of shortcomings, saying that the smartphone will be discontinued is certainly on the extreme side of things. It's possible he got bored with Apple after years of writing analyst reports. Apple has not confirmed if that affordable version will be a new iPhone SE.
Apple has released iOS 11.3.1 for the iPhone, iPad and iPod Touch.
With Trump's deadline looming, Canada waits for news on steel tariffs
Mr Trump responded by calling for further United States tariffs against China, escalating trade tensions between the two giants. The U.S. refused to offer the European Union compensation and said the request for consultations had no basis under WTO rules.
British interior minister Rudd resigns after immigration scandal
Mr Lewis said the difference between a specific local "target" and a national "ambition" is an "important distinction". She had previously denied being aware of any targets.
Bottas puncture hands Hamilton Azerbaijan Grand Prix
Ricciardo braked late and ran into the back of the younger man, who was attempting to cut back across and prevent his progress. On the cold tyres, as Grosjean weaved around behind the Safety Car to keep his tyres warm, he crashed into the barriers.
So what will Apple replace 3D Touch with?
Also, a recent report noted that the iPhone X made much more money compared to the combined profit of all Android smartphones in the fourth quarter. The results should also provide clues on the company's next strategy for its most-important product.
Apple will kill off the iPhone X this year, according to Mirabaud Securities analyst Neil Campling, although skepticism on the prediction is understandably running high.
While the 6.1-inch iPhone will miss out on OLED display and 3D touch, it will still retain the iPhone X bezel-less design and the infamous notch on the top.
The analyst isn't convinced that the new phone, due in September, will immediately solve the iPhone's issues although he does expect the company to announce a new shareholder return program which could pacify investors for a while longer. That could bring the price close to $700, a level that's proven successful for many years.
Coming back to Apple, the company had a very weak Q1 2018, as demand for its iPhone 8 and X series declined sequentially in contrast to the Chinese market.