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I mean the established big tech companies are sitting on mountains of cash. I suspect they’ll start ramping up buybacks even more aggressively due to what they
by colinmhayes 4y ago
I mean the established big tech companies are sitting on mountains of cash. I suspect they’ll start ramping up buybacks even more aggressively due to what they see as undervalued equity.
- datavirtue 4y agoYep, blowing the cash on stock buybacks. And then layoffs when the cash gets uncomfortably low.
- ethbr0 4y agoThe cash won't get "uncomfortably low" for profitable money printing machines (e.g. Apple) for quite a long time. They just won't have quite as obscenely large of a dragon-esque hoard to sleep on.