APPLE

Apple

Apple

Introduction

Apple is seated on a huge cash reserve -- $24.5 billion as of September and increasing at the rate of $8 to $10 billion a year that's managing nearly not anything for it. (www.apple.com)   The cash is making about $1.55% concern after levies, as asserted by a report handed out when the company's supply is dealing at a oddly reduced (for Apple) multiple of 15 times earnings. 

 

Discussion

That makes situation perfect for a huge buyback of Apple (AAPL) shares.  "Mathematically," he composed "share buybacks increase EPS only if a stock's P/E multiple is smaller than the reciprocal of ...