DecryptedTech

Wednesday07 December 2022

Displaying items by tag: Stock Holders

Monday, 10 February 2014 20:23

Apple buying their own shares once again

The first man of Apple Tim Cook announced that Apple has purchased their own shares in the amount of 14 billion dollars. Apple was over the past two weeks working diligently on buying the shares and thereby spent the mentioned amount. The reason behind the purchase is the 8% fall of shares after they published last financial results in which was announced that they sold "only" 51 million iPhones during the quarter, and despite record sales, have not fulfilled Wall Street's expectations - 55 million.

Published in News