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Saturday, 08/03/2024 1:21:03 PM

Saturday, August 03, 2024 1:21:03 PM

Post# of 249991
So Apple does a couple of things by repurchasing it’s shares, it inflates their EPS numbers year after year so as to make their earnings look like they are growing faster so their PE multiple looks more attractive and Warren can bail when he sees that what APPLE is doing in AI really amounts to crappola since Elon said putting AI in IOS18 is stupid!! It ‘looks’ like APPLE believes in their stock, but given Tim Cook and Warren are friendly, I think Warren has the REAL inside scoop on APPLE or maybe Elon just told him you better bail on Apple!! Either way, Warren always wins, or does he?? Does APPLE ever really save for a really rainy day!! How much cash does APPLE have compared to its market cap!! A LOT of other companies are doing the same thing so these buybacks may not be so good when times get tough!! I like Tesla putting their money into growing the actual business not buying back their shares just to appear to look good!!! But I think Elon has to give in to the Delaware judge since he is getting paid WAY TOO MUCH!!! I LOVE ELON, but you are wasting a lot of time on this Elon!! Maybe you’ll perish Elon if you don’t make it more reasonable!! JMO!!!!!
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