apple is barely buying any stock and its only to offset the employee options. If they thought the stock price was too cheap they would buy. Kind of scary when apple themselves refuse to buy their own stock.
Yes you are correct and the only assumption you can make is that what is coming is not going to be pretty and they know this . They concluded that is better to keep quiet and then buy the stock after the earnings miss.Until then the stock will continue to go down and the brand will continue to deteriorate . you can expect the stock to down in the low $300 as the market understand what is the message of not doing anything . You have a naive CEO and CFO and the last of action is clear message. I was a bull , then i was a hold and now im shorting this stock very agrresively specially when the stock goes up for a short peiod because this is a result of apple buying few shares.
still a significant downside in the next six week and its time to keep shorting this.