IBM has been spending billions buying back its own stock. This increases the earnings per share of stock as IBM's earnings drop. http://www.reuters.com/articl

IBM has been spending billions buying back its own stock. This increases the earnings per share of stock as IBM's earnings drop. http://www.reuters.com/article/2014/10/28/us-ibm-buyback-idUSKBN0IH1U920141028 http://www.reuters.com/article/2014/10/28/us-ibm-buyback-idU...