Why? This is buybacks in the December Quarter when the markets were tanking and their sales were dropping. We do not know what they bought in January 2019.
1. No one, including Apple, knew how far it would drop. 2. Significant shares were purchased at higher prices. 3. There are limits to how much Apple can purchase, e.g. in the open market on a given day. 4. Cash on hand continues to grow -- up another 3%. Whatever happened to cash neutral? 5. I don't expect AAPL to be at this price level for long.
I am a fan of dollar cost averaging, though I strongly prefer it in an upward trend.
Perhaps the number of companies citing the China situation for less than stellar earnings reports has allowed Apple's solid fundamentals to offer what seems like a relatively safe haven in the midst of this storm.
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5