Tim Cook’s ‘not even a quarter baked’ justification for Apple’s $100 billion stock buybacks has baffled some economists (AAPL)
Thursday, 17 May 2018 · *Apple CEO Tim Cook recently offered a novel argument to justify the company's use of share buybacks.*
· *Cook said that Apple's $100 million in planned buybacks will boost the economy because of the capital gains taxes investors pay when they sell their stock.*
· *Economists that Business Insider spoke to were perplexed...
Apple Music just keeps growing larger and larger. Apple CEO Tim Cook revealed the service’s latest subscriber numbers now boasts a total of 50 million users. That number includes both paid members and trial memberships. Cook also suggested that moving forward, Apple will be investing more heavily...
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According to a report by Reuters, on Tuesday, Apple CEO Tim Cook said that he remains optimistic that the United States and China will eventually be able to work through their trade differences. In an..