28-02-2020 21:43 via feedproxy.google.com

Panicked selling of AAPL lets Apple execute buybacks cheaply

Quite an impressive display of panic in the stock market this week has afforded Apple a golden opportunity to execute billions of dollars in buybacks, should the company so choose.
“Media-induced panic related to the coronavirus outbreak has caused stocks to crash in value, with Apple’s share price dropping to levels not seen since early December, back before it was appreciated how well Apple’s iPhone 11, wearables, services, and other offerings had performed during holiday sal
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