BVTV: Apple’s cash problem

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Published May 10, 2024

Apple keeps using its prodigious cash flow to buy back more of its own shares — its latest repurchase plan is a record $110 billion. Handing so much money back to stockholders suggests boss Tim Cook isn’t devoting enough to riskier ventures like AI, says Rob Cyran.

#News #Reuters #Newsfeed #apple #timcook #applestock #applestockbuyback #breakingviews

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BVTV: Apple’s cash problem | REUTERS

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