On March 19, 2012 AAPL closed at $601. Later that day Apple first announced they were going to initiate dividends and buybacks.
Like clockwork, naive fanbois convinced each other it was a great idea because fewer shares on the market will make the stock price go up.
It didn't happen.
Just 2 years later, April 23, 2014, AAPL closed at $524. Down 14%.
During the same time, AMZN went from $185 to $324. Up 75%.
Now Apple is multiplying available shares.
Why the complete...