Good bread, Baker.
Thank you.
Good bread, Baker.
Thank you.
Middle of the day in Cupertino (shadow of overpass, sun directly overhead) and the freeway is virtually empty of cars.
Picture taken on a weekend?
NK prisoners flown here this past weekend, Sunday?
>Why the buy back though?
Stock buybacks show investors that the company is confident in it's future endeavors and believe that its stock value will increas over the next 6-12 months - very bullish. They also take stock off float, which makes the remaining stock on the market more valuable to holders of the stock (lower supply = increase value/price).
Apple is the leading stock on all US stock exchanges. This is a bullish sign for the markets.