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Re:Apple Conference Call by pospischil on Sunday March 18, 2012 @07:03PM (#3721328)
Why?

I've read that they offer few benefits, but I've never heard this explanation. I also don't see how it makes sense for a company in their position?

Re:Apple Conference Call by blantonl on Sunday March 18, 2012 @07:56PM (#3721526)
Stock buy backs are used to reduce the number of outstanding shares available - which results in shares increasing in value due to earnings per share now increasing. It is one way to "mask" slowing growth.