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Rayz2016 said:cnocbui said:No, the only thing that can stop it is to pay the taxes on the overseas hoard and and announce an increased dividend.
Remember Capital Return Program DOES NOT EQUAL ROI - it is simply returning the investment at a gain or loss depending on cost basis.
...Really the only thing that can stop this drop is the buyback....
Buybacks to prop up stock price is a huge sign that the markets have no confidence in the stock - and very fleeting in effect.
sog35 said:Revenue would have been $81 billion if not for currency head winds.
metrix said:sog35 said:The same crap.
This is why Apple needs to refute supply chain bullshit when its first reported.
IMO, Apple would be at $110-$115 right now if Cook refuted the supply chain rumors in early December.
It would be still down 15% from its highs because of the broad market decline but no way would it be down 30% like it is now.
This is all about controlling the narrative. When the first supply chain rumors began in early December, Cook could have simply tweeted this to kill of these rumors:
"We are on pace for our best holiday quarter EVER!"
"Remember supply chain checks are inconclusive at best and misleading at worst."
"Remember those supply chain rumors in 2012? 2013? 2014? How did that work out?"