The importance of cash, Apple’s experience in using cash

Apple, managed by Steve Jobs, adopted a conservative financial policy and reserved more cash for the company’s research and development and operations. This was not unreasonable at the time, but Cook’s financial management was more efficient.

Apple repurchase, Buffett sold most of Apple stake,Nvidia capital operation, Tesla, AI bubble, Willow quantum chip

Peter read my post of Apple repurchase two days ago, inspired to write me a letter, raised several great questions and his concerns, I wrap up the feedback to him as this post.

Apple’s multiple LT compound capital alchemy is repurchase, 41.9% shares reduced in 12 years

One of the greatest repurchase and capital alchemy in human history, over the past nearly 12 years, Apple’s outstanding shares have decreased by 41.9%! 12 years after investing in Apple, the annualized rate of return (IRR) during the investment period is 24.1%. Note that your total shareholder equity would be multiplied by 1.721 in this case; in contrast, common stock splits have no effect on shareholder equity at all.

error: Content is protected !!