AAPL buy back 20% of float shares

Discussion in 'Stocks' started by apitrader, Jan 28, 2009.

  1. can anybody confirm the rumor?
    it's possible, but don't think it's true.

    RUMOR it is!
    Don't chase!
     
  2. Seems like a dumb way to eat up cash in this environment. I'd really doubt that rumor, since Apple has been so conservative and protective with their cash thus far.
     
  3. Buybacks tend to be bearish. We'll see. :cool:
     
  4. Never mind, faked joke.
    QCOM's # pretty much tells the top out of smart phone sector.