Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (165571)	2/7/2014 9:30:03 AM
From: Ryan Bartholomew	Read Replies (1) \| Respond to of 213181

There's no doubt it shows a huge vote of confidence on Cook's part. Buybacks amount to doubling-down, as they really do is leverage the investment by concentrating it. If Apple does well from here, it will amplify the upside. And vice versa. It's just upping the ante. Also in doing this, he appeased Icahn. Depending upon what you think of Icahn's guidance, that can be a good or bad thing, too. One concern is, as someone else addressed, that they've eaten up a ton of their US cash. Not that there's not a big chunk left over, but they do need to keep an eye on how they'd handle a massive acquisition if one became of interest.