Apple's $700 billion investment in share repurchases has not fixed its growth engine

From Nasdaq.: 2024-09-24 04:51:00

Apple has been a Wall Street giant, hitting $3 trillion in market cap with a $700 billion investment in share repurchases. Warren Buffett’s Berkshire Hathaway holds Apple as the top investment. The brand is strong, with iPhone dominating the U.S. market, but net income growth has stalled despite buybacks.

While Apple’s $700 billion investment in share repurchases has been crucial to its success, the tech giant’s growth engine has stalled in recent years, posing a significant challenge. Revenue from physical products like iPhone and iPad is down, offsetting growth in the Services segment. As inflation rises, Apple’s valuation remains high despite operational challenges.



Read more at Nasdaq.: Apple’s Mammoth $700 Billion Investment Since 2013 Can’t Fix Its Biggest Problem