kris23

Share Buybacks Make Apple Sweeter

Ya, I thought Jobs made it sound pretty clear that they intended to sit on this cash. While I do see the benefits of the buyback, I think in the long run holding onto this cash is even more beneficial, not to mention it seems Apple is always down for long term plans/growth. I mean I don't think they even need to do a buyback right now, they're doing fine, all things considered. APPL is already back above a hundred, sentiment is becoming stronger (www.predictwallstreet....) and with 25 mill in the war chest, I think AAPL is gonna come out a winner at the end of all this.