This 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 othe

This 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...