Jordan Weissmann / Slate Magazine
Apple Lost $9 Billion Buying Back Its Own Stock. There’s a Lesson Here. – Corporate America spent much of this year celebrating the tax cut that Republicans handed them by dumping truckloads of money onto their investors. Mostly, they did this by spending record amounts of money on stock buybacks. …
Apple Lost $9 Billion Buying Back Its Own Stock. There’s a Lesson Here. (Jordan Weissmann/Slate Magazine)
Jordan Weissmann / Slate Magazine
Apple Lost $9 Billion Buying Back Its Own Stock. There’s a Lesson Here. – Corporate America spent much of this year celebrating the tax cut that Republicans handed them by dumping truckloads of money onto their investors. Mostly, they did this by spending record amounts of money on stock buybacks. …