SKS1586: It will keep going down until everyone's nose is broken due to nosedive & no one wants it. Then it will start, its turnaround.

Clinton Holmes: Hahaha - I think if TC follows Buffett's advice & starts buying back more shares $AAPL might stop the dive: http://bit.ly/Z4UBHF

mitrado: Stock Buyback did nothing for $HPQ in the last couple of years... What's the point in these buybacks anyway?

jamesingram32: simply put, if you buy back @10% of the shares, there are less shares representing the market cap of your company, so they should be higher

jamesingram32: IBM has done this for years, hence they are $200 today vs $100 10 years ago, even though they grow very slowly, a lot less slowly than aapl

jamesingram32: IBM has done this for years, hence they are $200 today vs $100 10 years ago, even though they grow very slowly, a lot less slowly than aapl

jamesingram32: It's a sensible way to spend your annual huge billions of profit. ERGO Warren Buffet's advice to SJ. If you think your stock is cheap......

jamesingram32: then buy it. I hope AAPL have been in buying up their promised extra 35bn of buyback at these levels....that would be clever

Clinton Holmes: Great explanation James - couldn't have said it better myself

XRTrader: Exactly James - AAPL can add 3-5% EPS growth per year by buying back shares, on top of whatever growth they experience naturally.

mitrado: ... and if AAPL buyback plan is as effective as HPQ's, will we be looking at AAPL around $50 a share in 2 years?