Please remember that the stock they are buying back is NOT coming off the books. Instead they are the shares that go to the likes of Al Gore and Tim Cook when they redeem their options. This means cash is spent WITHOUT raising your stakes as a share of the company.
This is NOT going to happen. The most prudent approach is going to be a gradual increase in dividend and allocation to buyback plan. This is all I am expecting. And I will be happy with it no matter what the media suggests.