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A comment on Apple Is Now More Than Double the Size of Exxon–And Everyone Else. Parent comment

Re:Apple Is Now More Than Double the Size of Exxon–And Every... by tinkerrr on Wednesday February 25, 2015 @10:03AM (#9107010)
When a company buys back shares, the number of outstanding shares decreases. That's the whole reason for buying back shares. See http://www.investopedia.com/articles/investing/112013/impact... for a basic introduction to share buybacks.
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Re:Apple Is Now More Than Double the Size of Exxon–And Every... by coralreef on Wednesday February 25, 2015 @03:10PM (#9109213)
I see, so even if outstanding shares is reduced, each share becomes "more valuable" as EPS will improve. So perhaps the market cap will end up balancing itself out?
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