Apple buys 16 Billion $ of AAPL

[sekker]

The worst criticism of stock buy-backs is that it suggests a lack of creativity on the part of the management team- that is, they can't think of a better use for the capital.

[Racer X]

GGD wrote:
[quote=Racer X]
does this mean Apple will pay themselves over 50 billion in stock dividends?

50 billion in stock dividends on $16 billion worth of stock, that's a pretty good dividend rate (about 300%).
I screwed up on the math, so sue me, or better yet, maybe one of the ladies will spank me.

[Article Accelerator]

sekker wrote:
The worst criticism of stock buy-backs is that it suggests a lack of creativity on the part of the management team- that is, they can't think of a better use for the capital.

Don't nobody can think of a use for $150 billion…

(Channeling Chris Tucker in Rush Hour.)

[TheCaber]

Racer X wrote:
[quote=GGD]
[quote=Racer X]
does this mean Apple will pay themselves over 50 billion in stock dividends?

50 billion in stock dividends on $16 billion worth of stock, that's a pretty good dividend rate (about 300%).
I screwed up on the math, so sue me, or better yet, maybe one of the ladies will spank me.
I'm sending Newt over to administer some proper PUNishment...you can thank me later.