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The article is saying that if the money returned to shareholders had instead been invested in R&D then you probably would have seen an even greater increase in
by imron 11y ago
The article is saying that if the money returned to shareholders had instead been invested in R&D then you probably would have seen an even greater increase in the progression of technology.
Who knows if that would or would not have been the case, but it's still an interesting thing to consider.
- espeed 11y agoGoogle and Apple have more cash sitting on the sidelines than they could put into R&D -- I don't see these buybacks as stifling innovation, it's more like putting money back into circulation. GOOG: https://www.google.com/finance?q=NASDAQ%3AGOOGL https://www.google.com/finance?q=NASDAQ%3AGOOGL, APPL: https://www.google.com/finance?q=NASDAQ%3AAAPL https://www.google.com/finance?q=NASDAQ%3AAAPL