Our take on the investing, financial, & economic themes of the day

Apple’s Debt-Financed Buybacks and Dividend

28 April, 2014 by Matthew O'Brien, Ph.D. in Commentary
Apple famously has a huge pile of cash on its balance sheet, which now stands at about $150 billion and is down from about $160 billion in 2013.  Last year Apple started putting this cash to work in a number of comparatively modest capital investments.  As Barron’s recently noted, ... read more...

Taking Stock of Apple

25 January, 2013 by Matthew O'Brien, Ph.D. in Commentary
Apple’s stock price has dropped more than 12% since the company’s earnings report on Wednesday.  Now trading at about $447 per share, Apple is down more than 50% from its all-time high of $702 per share in September 2012.  The market has punished the stock because in spite of earning record ... read more...