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What Does Apple’s $90 Billion Stock Buyback Mean For Investors? – CMC Markets
Apple smashed earnings expectations once more for Q1, but some investors are scratching their heads as to why it’s buying back so much stock.
Apple (NASDAQ: AAPL) was its usual expectations-beating self in Q1 as the iPhone maker smashed analyst expectations.
This article was originally written by MyWallSt. Read more market-beating insights from the MyWallSt team here.
However, some investors may be wondering about one $90 billion question from its report
As the name suggests, this is when a company buys back its shares from the marketplace, thus reducing the number of outstanding shares on the market. The company might buy back shares…
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