News for hackers. Stuff that matters.

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

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.
[ Parent | on HN ]
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 :)

[ Parent | on HN ]
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".
[ Parent | on HN ]
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.
[ Parent | on HN ]
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.
[ Parent | on HN ]