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Technology Stocks : Apple Inc.

AAPL 257.40

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1:36 PM EST

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From: Sr K	2/6/2014 9:12:36 PM
	6 Recommendations Read Replies (1) of 213181

WSJ Apple Repurchases $14 Billion of Own Shares in 2 Weeks CEO Cook Says Company Wanted to Be 'Aggressive' and 'Opportunistic' By DAISUKE WAKABAYASHI Feb. 6, 2014 8:06 p.m. ET Apple Inc. AAPL +0.58% has bought $14 billion of its own shares in the two weeks since reporting financial results that disappointed Wall Street, Chief Executive Tim Cook said in an interview. Apple CEO Tim Cook says the buybacks show 'we are really confident.' Getty Images Mr. Cook said Apple was "surprised" by the 8% decline in its shares on Jan. 28, the day after it reported quarterly results, and wanted to be "aggressive" and "opportunistic." (and they saved $85 million on not having to pay the dividend on those 28 million shares)

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