Re:iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs
by noir-york on Tuesday April 26, 2016 @06:28PM
(#11576279)
Buybacks decrease outstanding shares, and increase earnings per share, which drives up share price. But its not a great way to increase EPS, as opposed to increasing EPS via operational means.
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Re:iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs
by bduerst on Tuesday April 26, 2016 @07:14PM
(#11576537)
If you know EPS is a terrible price inflation tactic, why did you automatically assume it's Apple's motive and gripe about it?
If the market price is lower than intrinsic value, then the buyback is a good idea.