3 ms·
Share repurchasing of that magnitude doesn't seem like a good sign to me. I am interpreting that as meaning they could not find anything better to do with that
by FPGAhacker 7y ago
Share repurchasing of that magnitude doesn't seem like a good sign to me. I am interpreting that as meaning they could not find anything better to do with that money. If they were problem free and executing perfectly, maybe that would make sense. But that's hardly the case.
- kitotik 7y agoThis is not a new strategy[0] for Apple or in general. “That is a reduction of 21 percent in shares outstanding since 2013. What’s that mean? It means all other things being equal, the company’s earnings per share are 21 percent higher than they would have been had it not done the buybacks.“ [0] https://www.cnbc.com/2017/05/03/apple-has-been-a-buyback-monster.html https://www.cnbc.com/2017/05/03/apple-has-been-a-buyback-mon...