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Prudent Capitalist

02/15/17 10:46 AM

#124083 RE: AlanC #124082

Agree. CNBC pointed out this am that, even with all of the new highs being set here with AAPL, it will take a PPS substantially above $160 to set the mew Market Cap record, due to the much lower outstanding share count as a result of the fact that AAPL has bought back so many of its outstanding shares with some of its excess cash hoard.