360° Coverage : Apple Buying Back Stock And Making It Affordable

1 Updates
Apple Buying Back Stock And Making It Affordable
Photo Credit: Getty Images

Apple Buying Back Stock And Making It Affordable

Apr 26 2014, 11:34pm CDT | by

By splitting their stock, Apple is preparing to bring new investors in

Apple has been already purchasing stock in order to increase their control over the company, but that isn’t all that they are doing now. After peaking in price in September of 2012, the stock has...

Filed under: rumors

YouTube Videos

 
 
 

25 weeks ago

Apple Buying Back Stock And Making It Affordable

Apr 26 2014, 11:34pm CDT | by

By splitting their stock, Apple is preparing to bring new investors in

Apple has been already purchasing stock in order to increase their control over the company, but that isn’t all that they are doing now. After peaking in price in September of 2012, the stock has been hovering in many ways. They bought back $30 billion in stock over the past year, amid concerns about the direction of the company without Steve Jobs, but by splitting the stock they are completely changing the way that their investors view them.

By splitting the stock on June 9, Apple will reduce the price of a share to around $75, which would allow many more people to begin investing. At $500+ per share, many people who would like to invest simply aren’t able to do so. That, in turn, could raise the price, bringing in even more money for the company.

Their last split was in February of 2005. In the time since then, the stock has reached prices over 10 times the price at that time. With sales expected to continue rising, and the introduction of new products this year, it is believed that a large jump could again be coming, making many investors rich in the process. Among those will be the iWatch, two new iPhones with larger screens, new iPads, and more.

The price isn’t known at this time for the split stock, as it will depend on the price at the time of the split.

Source: NPR

 

Don't miss ...

 

<a href="/latest_stories/all/all/25" rel="author">Bijon Kumar Pramanik</a>
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.

 

blog comments powered by Disqus

Latest stories

Cook Talks to the Chinese Authority on the Security of User Data on iCloud
Cook Talks to the Chinese Authority on the Security of User Data on iCloud
The Apple CEO has a conversation with the high Chinese officials regarding the iCloud user data security threat
 
 
A8X Chip of the iPad Air 2 Reportedly Contain Triple Cores
A8X Chip of the iPad Air 2 Reportedly Contains Triple Cores
Along with the triple-core A8X chip, the iPad Air 2 is said to feature the 2GB RAM
 
 
Apple And IBM Unveiling Start Of Their Partnership
Apple And IBM Unveiling Start Of Their Partnership
Next month brings the first part of a fruitful relationship
 
 
Apple Wants 64-bit Apps By February
Apple Wants 64-bit Apps By February
The performance boost will help keep them on top
 
 
 

Latest from the Network

European Champions League standings
Paris, Oct 22 (IANS) Following are the European Champions League standings for Groups E to H after Tuesday's matches (tabulated under matches played, won, drawn, lost, goals for, against, points), according to Xinhua...
Read more on Sport Balla
 
Rogerio set to break Giggs world record
Rio de Janeiro, Oct 22 (IANS) Sao Paulo goalkeeper Rogerio Ceni is one victory away from earning his fourth Guinness World Record by eclipsing a mark held by Manchester United legend Ryan Giggs. The 41-year-old will...
Read more on Sport Balla
 
Ryan Reynolds can't keep his hands off Blake Lively
Ryan Reynolds was ''really sweet'' to Blake Lively at the Angel City Ball. The couple, who got married in September 2012, made their first red carpet appearance together in New York City on Monday night (10.20.14) since...
Read more on Celebrity Balla
 
Kris Jenner doesn't know who Bruce Jenner is dating
Kris Jenner has ''no idea'' whether Bruce Jenner is dating her best friend. The 58-year-old reality TV star, who split from the Olympic gold medallist last October after 23 years of marriage, claims she doesn't know if...
Read more on Celebrity Balla
 
When Rihanna dressed like 'Harry Potter'
New York, Oct 22 (IANS) Singer Rihanna was spotted here in a Harry Potter style costume. She wore the wizard-like get-up while heading for a business meal here Monday, reports mirror.co.uk. The 26-year-old combined a...
Read more on Celebrity Balla
 
Germany raises humanitarian aid to Iraq
Berlin, Oct 22 (IANS) Germany has pledged a further 20 million euros (about 25.5 million dollars) in humanitarian aid to Iraq, the foreign ministry said in a statement Tuesday. The additional funds are immediately...
Read more on Politics Balla
 
India calls on Israel, Palestine to resume peace process
United Nations, Oct 22 (IANS) India has called upon Israelis and Palestinians to resume the peace process as "dialogue remains the only viable option" to address the issues confronting the region. In a brief statement...
Read more on Politics Balla
 
Airstrikes help ground forces fight IS: Pentagon
Washington, Oct 22 (IANS) Kurdish forces are in control of the majority of the Syrian city of Kobane despite efforts by the Islamic State (IS) to take the town, a spokesperson for US defence department said Tuesday....
Read more on Politics Balla
 
Palestine, Israel urged at UN to halt unilateral initiatives
United Nations, Oct 22 (IANS) UN Secretary-General Ban Ki- moon Tuesday called on Palestine and Israel to overcome differences and halt unilateral initiatives that fuel mistrust, so as to pursue long-term stability in...
Read more on Politics Balla
 
China urges Israel to create conditions for peace
United Nations, Oct 22 (IANS) Chinese government has called on Israel to create necessary conditions for the resumption of peace talks with Palestine. At an open debate of the Security Council on the situation of the...
Read more on Politics Balla