We should feel blessed that Solly is tanking the stock. Buffett would love Apple stock to go down so he can get cheap shares
Warren Buffett: ‘We would love to see Apple go down in price,’ endorses its stock buyback PUBLISHED SAT, MAY 5 2018 3:39 PM EDTUPDATED SUN, MAY 6 2018 1:05 PM EDT Tae Kim @FIRSTADOPTER KEY POINTS Warren Buffett is fan of Apple’s new $100 billion stock buyback program. “From our standpoint we would love to see Apple go down in price,” he said at the Berkshire Hathaway 2018 annual shareholder meeting Saturday. “We very much approve of them repurchasing shares.” CNBC: Warren Buffett 170227 003 Warren Buffett David A. Grogan | CNBC Warren Buffett fully supports Apple’s plan to buy back more of its own shares.
On Tuesday, the smartphone maker announced a new $100 billion stock buyback program.
“From our standpoint we would love to see Apple go down in price,” he said at the Berkshire Hathaway 2018 annual shareholder meeting on Saturday. “We very much approve of them repurchasing shares.”
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