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A comment on Apple Reports Declining Profits and Slowing Growth Again. Parent comment

Re:Apple Reports Declining Profits and Slowing Growth Again by roboys on Wednesday July 31, 2019 @01:35AM (#20571920)
The fact that AAPL goes on regular stock buy back sprees with its warchest instead of risking innovation helps with the stability of what should be a declining stock price.
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Re:Apple Reports Declining Profits and Slowing Growth Again by electriclove on Wednesday July 31, 2019 @10:16AM (#20574589)
The size of these buybacks is quite incredible as they have reduced the Number of Outstanding Shares by 50% in the last 7 years. https://www.macrotrends.net/stocks/charts/AAPL/apple/shares-...

I agree that this is stabilizing the stock price. I also think that they are still spending plenty of money on innovation, it's just that they have too much money to know how to spend it appropriately.

The stock is an incredible value (even still) because share repurchases and dividends continue to occur and they continue to make tons of money. And it will benefit from upside when they have another hit. Yes, I am long.

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Re:Apple Reports Declining Profits and Slowing Growth Again by electriclove on Thursday August 08, 2019 @11:19AM (#20645351)
Correction: reduced by 33%
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Re:Apple Reports Declining Profits and Slowing Growth Again by mruts on Wednesday July 31, 2019 @06:17AM (#20573021)
Why should the stock price be declining? Also companies do buybacks when the stock is cheap, not exepensive.
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Re:Apple Reports Declining Profits and Slowing Growth Again by mensetmanusman on Wednesday July 31, 2019 @07:06AM (#20573296)
https://www.theatlantic.com/magazine/archive/2019/08/the-sto...

You would think that, but they actually purchase when it’s expensive :)

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Re:Apple Reports Declining Profits and Slowing Growth Again by ajross on Wednesday July 31, 2019 @09:45AM (#20574362)
A stock buy-back increases the stock price, by definition (by creating demand for it where there was none). Absent buy-backs, the stock price would be lower. That statement doesn't require a "should".
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Re:Apple Reports Declining Profits and Slowing Growth Again by mruts on Wednesday July 31, 2019 @10:13AM (#20574564)
Of course, but that doesn’t mean Apple’s stock would be declining without the buybacks.
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Re:Apple Reports Declining Profits and Slowing Growth Again by Tepix on Wednesday July 31, 2019 @08:43AM (#20573929)
Stock price is usually very dependent on future outlook. If there is no growth expected in the future, the stock price will usually be hurting.
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