Apple buybacks weigh on drive towards $1 trillion value

Apple buybacks weigh on drive towards $1 trillion value

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-apple-results-research/apple-buybacks-weigh-on-drive-towards-1-trillion-value-idUSKCN1S73ZE

Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.

Apple buybacks weigh on drive towards $1 trillion value

May 1, 2019, 6:38pm UTC
https://www.reuters.com/article/us-apple-results-research/apple-buybacks-weigh-on-drive-towards-1-trillion-value-idUSKCN1S73ZE >Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth.