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Apple is spending even more of its huge tax cut on Wall Street stock buybacks

Apple is spending even more of its huge tax cut on Wall Street stock buybacks

5 years ago
Anonymous $9jpehmcKty

https://www.vox.com/recode/2019/5/1/18525672/apple-stock-earnings-tax-cut-buyback-cook

Investors, not workers, are the big winners in the iPhone maker’s tax savings.

Apple is turning more of its tax cut into stock buybacks.

Apple is spending even more of its huge tax cut on Wall Street stock buybacks

May 1, 2019, 9:35pm UTC
https://www.vox.com/recode/2019/5/1/18525672/apple-stock-earnings-tax-cut-buyback-cook > Investors, not workers, are the big winners in the iPhone maker’s tax savings. > Apple is turning more of its tax cut into stock buybacks.