Apple Inc. (NASDAQ:AAPL) plans to spend $100 billion in share buy-backs in the next few years. AAPL recently sold $17 billion’s worth of corporate bonds in order to fund its buy-back plan. During FY 13 second quarter earnings call Apple Inc. (NASDAQ:AAPL) announced that it has a cash balance of $145 billion where two-thirds of this money is in overseas subsidies. … Read More
Apple Financial Results for Q2 2010 Very Impressive
Apple’s shares seem to be on an elevator ride to heaven right now. As of writing this update shares in AAPL are at US$258, having risen more than $14 dollars today alone. Yet another all time high! This is off the back of very impressive second quarter earnings for what is now the biggest tech company in Silicon Valley. Apple’s … Read More