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Title: Apple Makes ‘Greatest Acquisition Ever’ By Spending $16B On Its Own Shares Post by: HCK on July 25, 2013, 03:00:06 pm Apple Makes ‘Greatest Acquisition Ever’ By Spending $16B On Its Own Shares
Apple may not be snapping up big companies all over the place like Yahoo!, but it is buying lots of shares in one major corporation — itself. Last quarter, the Cupertino company spent $16 billion on 36 million of its own shares, which cost, on average, just over $444 apiece. That’s according to calculations made [...]The post Apple Makes ‘Greatest Acquisition Ever’ By Spending $16B On Its Own Shares appeared first on Cult of Mac.Related StoriesMoleskine Notebook Transforms Into Analog Camera Accessory For iPhoneHeard App Lets You Record Sound From Five Minutes AgoPoodle.FM, A Search Engine For PodcastsThe Most Powerful DJ App For Everyone Arrives With djay 2 [Review]Apple Urges Users In China To Use Official Adapters Following Electrocutions http://feedproxy.google.com/~r/cultofmac/bFow/~3/AfDnHuVpd04/story01.htm |