Technology
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…
-
Noosa News18 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General17 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain
-
General20 hours agoMan dies at shopping centre car park at Charlestown following reports of assault
-
Noosa News15 hours agoGirl charged with attempted murder after foster carer stabbed in Ipswich