Apple stock buyback

Apple to Raise $5 Billion from Bond Sale

Apple plans to sell more debt, the company has disclosed in a filing with the SEC this morning. As spotted by Business Insider, Apple will sell about $5 billion in new debt and use it for "general corporate purposes", such as stock buyback, dividend payments, funding for working capital, capital expenditures, acquisitions, and repayment of...

Billionaire Investor Carl Icahn Drops Apple Buyback Proposal

A new letter signed by billionaire investor Carl Icahn reveals he gave up on Apple's $50 billion buyback push. He says, "there is no reason to persist with our non-binding proposal" (via BusinessInsider). While Wall Street has been disappointed with Apple's quarterly earnings – which pushed the company's stock price down – Carl Icahn has purchased...