3 ms·
They are making $100B a year in net profit and their shareholder's equity is only $50B so I'm wondering where does all the money go? Turns out they spend $90B
by drexlspivey 4y ago
They are making $100B a year in net profit and their shareholder's equity is only $50B so I'm wondering where does all the money go?
Turns out they spend $90B a year in stock buybacks and $15B in dividends which is pretty insane.