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May 2, 2024
2:56
:29
pm
Cougarclaw
Truly Addicted User
one small problem with stock buybacks
they boost share price, sure, that makes CEO's look better and stockholders happy.
But, like dividends, it means the company doesn't have anything better to spend its money on.
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Cougarclaw
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BigWoodThunder
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Cougarclaw
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Jun 22, 2011
Last login
Jun 6, 2024
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60,085 (15,090 FO)
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Messages
Author
Time
Apple beat the Wall Street estimates on quarterly revenue and EPS... despite the China problem they have.
Tokolosh
Stop the Stupid party member
May 2, 2:43pm
Cook mentioned growth. Sounds like sustainment in the future. I for one held
MajorZeus
May 2, 2:49pm
Also, increasing the quarterly dividend and authorized a $110B stock buyback.
Tokolosh
May 2, 2:54pm
one small problem with stock buybacks
Cougarclaw
May 2, 2:56pm
Generally yes. But Apple having a pile of cash isn't a new revelation.
Tokolosh
May 2, 2:57pm
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