And what should they do with the money? They don’t have the management capacity to invest it. The alternative is dividends, which is way less tax optimization for investors (since you have to take it). Buybacks by themselves do not increase share price anyways.

Lol "nothing stopping people".

That is the difference between our perspective. There are so many barriers for working class folks to invest in stocks, it makes no sense to trust these whales at the tops to trickle down their wealth to the rest.

What, like the average 401k has like 5dollars of applstock in it.. Lol come-on! Buying back stocks in appl will be a blip for the average investor.

Reagnomics doesn't work, and your idealogy fails to bring in the real dynamics of how the stock market works. Again, buybacks are just another tool that only make a real difference if you area full-time investor with wealth spewing out of your wallet.

The marketable securities should be added to the cash balance. It’s just a short term vehicle to park cash. So that 135.7 increased cash and marketable securities balance

Very beautiful and technically well done.

Though as a joint map AND history nerd I'm obliged to say that with the addition of Myanmar and the exclusion of Sri Lanka, this is actually a map of the old British Raj, not the Indian Subcontinent.

I'm not 100% sure, but a lot of people probably own AAPL as a part of the S&P 500 as an ETF or pensions fund or something. Also they're financial tools that everyone can use. It just so happens that the wealthiest people in society are the ones that use them. I'm not saying that everyone has equal opportunity or access to them, but there's really nothing stopping people from investing outside of a lack of capital which is easily solved using ETFs or even a margin account for the less risk averse.

Right, and your going to put all your trust in investors to keep the stock long-term because of their "genius" iq and "conservative strategies" .

Sorry but I am skeptical af and no longer have any respect nor trust for investors at that level.

I'm tired of giving control of companies and their fate to investors like this. It's about time companies are trated like the real economic engine they should be, jobs, taxes and creating value. Instead of playing with them like financial tools to enrich the already wealthy.

The idea of buy backs is completly benefitting one class of people, and the only way we can finally have fair distribution of wealth is to stop this tactic that only the lucky few are able to benefit from.

Just cause the share price goes up doesn't mean it's time to sell lol.

You're incentivizing investors to sell during buy backs, as the price is being pumped up.

If the crypto scene has taught u, No one should trust investors to hold their positions when they have inside information like this

I wonder what percentage of Poles have been conditioned to give the "correct" answer when answering surveys?

Question: "Do you pray every day?"

Suspicious Pole: "Uh... who's asking? I mean, sure! Yeah, I pray every day. That's right. Every day."

Though I suppose a lot of people mutter a little "please God" when they buy a Lotto.

What do stock buybacks have to do with short term gains? All a stock buyback does is increase the share price by buying shares at whatever the current share price is.

This is the issue, investors are only in it for short term gains. We should make buybacks illegal so they have to be in the company long-term to create more stability in the company and market. Make them play by the same rules as the rest of the world.

Buybacks have no value in this economy except to enrich investors. And that is the issue. Instead of investing back into the company, pay raises for employees etc. It goes straight to the top. It is the number one issue. U r talking about.

Stock buybacks should be illegal... Period.

New homes prices, not median home price.

All that money, and yet they only pay the people on mining level the bare minimum that they need to scrape by

I get that this isn't an investing sub but guys.. come on.

If it's good for them it's good for all shareholders. It is their fiduciary responsibility to do what is best for shareholders.

I gotta say, a cash flow statement conveys the exact same information much more effectively

A stock buyback is effectively the same as a dividend. It's just a way to reward investors.

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Stock buy backs are essentially dividends paid out with out the extra tax that investors have to pay (Tax on the dividend AND Tax on the capital gain compared to just tax on the capital gain). Its also easier to manage than paying out dividends to every single investor. Provided the investor is smart enough to take some of his gains out. The rising prices does provide additional liquidity to the big players. In essence, you the layman with his 401k is only there to get screwed over.

Aren't the leadership shareholders themselves? If so, it's more of a strong statement that they like money.

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The issue isn't buybacks. The issue is our tax and wealth laws that allow the wealthy to accrue billions. A buyback is just a company spending their own money to buy their own stock, thats it.

Sure, its a negative flow, but think of the implication.

They spent nearly as much buying back stock as they spent running the fucking company. So where did that money go, well it went to shareholders. Ok, so who are shareholders. Well, a lot of us have small amounts but a lot of them have big amounts. Except in a buyback its not the shareholders are given payments in cash. No, instead shares are taken off market, so the singular share goes up in value? Whys it matter? Taxes. If your asset appreciated you don't pay taxes until you sell. If they just did a dividend, you would pay taxes now.

So ultimately this is a company making so much profit they can distributing it to their investors in a tax free way. Yet, their balance statements show a loss.

These comments hurt my eyes.

Stock buybacks should be illegal. Maybe then apple would finally invest in newer tech for their phones and fix their texting issues.