The buy back will get us back up. Then the china Mobile deal and new TV will get us up over $700 this year easily.
Sentiment: Strong Buy
You annoy me more than the shorts sometimes w/your eternal optimism. Cook is Dismal. I've been defending him up until now. Does he give a damn about shareholders? He's patting himself on the back while we're crashing after telling us Don't bet against Apple. Thanks
I wonder why this comment gets no reaction I read where one commenter claimed a stock buy back questions was sidestepped !!?? I have posted this a few times already.
Q: With such a large cash generation, why not step back and buy back even more stock?
Oppenheimer: This is something we continuously #$%$ We are pleased to have started our share repurchase program this quarter. We returned about $4.5 billion in cash this quarter. We started the buyback program and expect to return about $45 billion over 3 years to our shareholders.