Linked by Thom Holwerda on Tue 23rd Apr 2013 22:35 UTC
Apple "Apple just posted its hotly-anticipated Q2 2013 earnings, and the company posted a profit of $9.5b on revenues of $43.6b, compared to $11.6b in profit on $39.2b in revenue this quarter last year and $13.1b in profit on $54.5b in revenue last quarter. That's right in line with the company's guidance from last quarter. Most importantly, iPhone sales are fairly flat year-over-year. Apple sold 37.04 million in Q2 2013 versus last year's 35.1 million, a modest growth of seven percent. iPad sales for the quarter were 19.5 million, up a massive 65 percent from last year's 11.8 million, but the average selling price (ASP) dropped fairly steeply year-over-year, likely due to the introduction of the cheaper iPad mini."
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apple stock purchases
by shotsman on Wed 24th Apr 2013 06:53 UTC in reply to "RE: What's going on here?"
shotsman
Member since:
2005-07-22

I agree with you. If Apple has declared that they were going to issue 'new' shares then I'd be worried about the future of the company.

most major corporations do buy back lots of shares. IBM has been doing it for years. It keeps the share price high but can provide a better ROI than just dividends.
The difference between a Growth stock and an Income stock perhaps?

disclaimer: I bought $50K of Apple at $32 and cashed out at $190 years later. I also lost a load on Compaq/HP over the same period.

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