Apple's super buyback, which raked in $14 billion of treasury shares in the two weeks following the release of financial results. Accounts that have disappointed Wall Street, where the title of the apple has lost 8% in a single session.
In an interview with the Wall Street Journal, CEO Tim Cook explained that, with the latest operation, Apple has come to repurchase more than $ 40 billion of treasury shares in the last year. An absolute record.
“It means that we are betting on Apple – underlined Cook -. It means that we are really sure of what we are doing and what we intend to do. It's not just words. We are proving it."
The purchases are part of the 60 billion buy-back plan approved by the Board. The Cupertino giant will provide further details on the program between March and April.
