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APPLE HAS REPURCHASED more $14 billion of its own shares within the last two weeks.
With this purchase, the company has bought back more than $40 billion of its own shares over the past twelve months.
Apple CEO Tim Cook told the Wall Street Journal it recently bought $12 billion of the shares through an “accelerated” repurchase program, and $2 billion on the open market. The buy back is part of Apple’s plan to buy back $60 billion of its own shares.
Cook said that he wanted to be “aggressive” and “opportunistic” with the buybacks and that the $40 billion worth of shares purchased was a record for any company over a similar span.
It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do… We’re not just saying that. We’re showing that with our actions.
Cook said Apple was “surprised” by the eight per cent decline in its share price the day after it gave its earnings report.
Apple reported a profit of $13.1 billion during the last quarter of 2013, where it sold 51 million iPhones and 26 million iPads. However, a weaker-than-expected forecast saw its share price fall.
The company has also been facing pressure from one of its main shareholders, Carl Icahn, to increase the size of its share buyback to deliver more cash to shareholders.
Ichan, who owns roughly $4 billion in Apple shares, is asking shareholders to vote on his proposal that the company buys an additional $50 billion of its own shares by the end of September. Apple will be holding its shareholder meeting on 28th February.
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If whoever is disturbing the weather could please stop, that’d be great. Thanks.
@Dave Gillen: do you mean the good old gas guzzling USA!
@D O’S: God alone controls the weather, according to one of the most highly paid, expense claiming, contract winning public servants in the country
@Dermot Lane: don’t forget the fairies there a nasty bunch especially when they eat too much and drive.
@Dave Gillen: this is typical sensational journalism at its finest. It’s Ireland for Christ sake. We can handle some wind and rain.
@Noel Barnes: yes just close the Dall doors
@Noel Barnes: Wind and rain maybe, but dry and warm and the Country is fecked for months
Is this the end of the hose pipe ban so ted?
@alan doyle: ban on jox on washing lines now.
A red weather day would be great. Get the bread in
@Nell foran: Ah yeah, I’d love an auld red weather warning day…it’s been a while..
@Ben Jamen: 11 months already!
I don’t like when its very windy. Just saying
@aidan mccormack: Hurricane Bread, when it’s red we’re your bread
They said on the weather earlier it would tail off and not be as strong by the time it heads to Ireland, it’s more so heading for France
More fake news.
@Paul: You can even see on the map that it’s fully in the dark green / weakest stage by the time it hits the Irish coast. It’s due to be downgraded to a storm in the next few hours so it’s not going to be much by the time it hits here in 4 days. Torrential rain at most. Anything for a few more clicks on an article though I guess.
@Shane Corry: it’s Brennan’s bread propaganda.
@Paul: if only the weather could change.
Oh it has. Direct hit Ireland. But it could change again. That’s weather for you.
@Paul: Stop being silly. It’s not fake news. It’s all stated probability. If you did your own cross checking you would know they reported correctly.
So is that like a Red Weather Warning Warning?
Just in time for the Ploughing :(
Journal ‘The Storm is currently making its way towards the South East of the US Coast’ Did you even look at your graphic? You make TV3 weather look professional!
@Dónal: It hasn’t turned back towards us yet. That’s just tea leaf reading in the pic. Open the earth nullschool website and use the double chevrons to see the tracking they’re predicting.
Picked a great time to quit eating bread.
I don’t know about Helene but Hurricane Florence was hacked by the Russians around 1am.
@Mike Walsh: I think that any weather with my name is going to be soft like me!
They haven’t a fu€king clue really about the weather.
As the Washington Post said yesterday, Trump is complicit.
@Herbert: really? Bloody hell. What was there context?
@Dave O Keeffe: Global warming and his decision to drop out of the Paris accord.
@Herbert: they’re still in the Paris accord though. Silly Post.
@Herbert: There’s a list of their articles here ; https://www.washingtonpost.com/hurricane-florence-stories/?utm_term=.3d0feefd280e
could you show us which one that you are on about,thanks
I think they should shut schools down for 2 weeks just Incase
We are going to get the tail end of a few hurricanes this year, like we do every year. Nothing major to worry about Ophelia was a freak that changed course at the last moment so potential of us getting a direct hit are slim. Although a red wind day off would be nice
Woof woof
@Martin Brennan: Always with the negative waves…
That Picture……Hurricane Hard-On
This is a weak, tea-coloured weather warning. Make sure you know where the umbrella is, and buy lots of bread.
Perhaps,maybe,if,would,could,blah,blah………
Load of crap. It’s going to be 30 degrees next week
@Joeh: yup…here in Fuertaventura!
Here we go again folks….after the drought comes the rain. Better start buying rain barrels, then we won’t be short of water next summer!
The under headline lacks some geographical knowledge. Perhaps some confusion with so many storms out there. TS Helene is a bit nearer the Azores than SE USA.
pi$$ off Helen!
@Andy: Helene even
have your say