I'm so torn about this.
As a shareholder, it's great news for me. But as a member of the tech industry and generally idealistic guy, it hurts to see them bending to the calls of the finance industry.
As a shareholder, it's great news for me. But as a member of the tech industry and generally idealistic guy, it hurts to see them bending to the calls of the finance industry.
This doesnt really make sense in Apple's case since they're at a such a gigantic size. The closing market cap 381B - cash 145B is a huge number. Who's going to pitch in to buy the rest of those shares? Good luck getting that done without any input from those you call the "finance industry".