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If Apple is planning an investment, they really don't need to worry about their own share price. They have over $100 billion and can do what they want. Apple is
by josephagoss 14y ago
If Apple is planning an investment, they really don't need to worry about their own share price. They have over $100 billion and can do what they want. Apple is so far removed from needing its share price to be high that they don't care. I think when it gets too low they buy their own stock thus destroying it and adding more value to the current shareholders.
I think if the shares were higher they might be able to entice future employees perhaps, but they have so much money, they could have even paid Tim Cook billions in cash and it would be rounding error.