$15 billion over three years announced on top of her horrible q2 release april 23rd is reasonable to diffuse selling pressure. so will this meager amount and delayed timing disappoint the market next week?
"But do be careful: don’t look at Apple’s cash pile and think that all of that can be doled out. A lot of that is held offshore: if it was brought onshore to pay out again then it would pay US corporate income tax at 35% or so (minus foreign taxes already paid but these are, for Apple, very low). What can be paid out is really the cash that Apple already has onshore in the US: effectively its accumulated US profits. As Quartz points out, that’s more like $45 billion extra instead of the $137 billion on the balance sheet.
I covered a sizable short position that my cost average was at $648. It's not a lot of fun watching AAPL cross $700 and having that position staring you in the face when you log in to your account everyday. I covered in the $505-$525 range just to watch AAPL tank to current levels. I'm looking at the small short position at current levels and wondering if all the bad news isn't factored into the current price. I sure don't want to short in the $420-$440 range and give it all back. Again, how much is factored in right now?
Look at the Mac sales for Jan and Feb before you cry about them missing earnings. The earnings were brought down in revenue terms because the float is hard to gauge with the existing buyback. If they do not miss and one out of 6 possible catalysts, will you eat your words?