Epic Research Singapore : Apple News Update

The typical reaction among the investing public on the news being revealed is to buy it. So, let's get this straight: Apple AAPL +0.24% buys its own shares $20 cheaper, and then the public gobbles it up on a gap-up of $10 after the fact. No, thank you.
The explanation offered by CEO Tim Cook is that Apple is betting on Apple. Well, that's great. With that much cash in the coffers, the company needs to bet on something other than the measly returns it gets from money markets nowadays. It smacks of the folks who lost most of their retirement money concentrating all their savings in the companies they worked for. A company goes under, and these people lose not only their jobs but their savings
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