Apple Q2 Results
They’re fine. But stock buybacks and dividends are a waste. I’d rather that money (I’m a shareholder with not enough shares to matter but oh well) be used to purchase companies like a Netflix (too late now of course) or a Disney (also too late) or making bigger purchases to control more of their supply chain like buying a Qualcomm or increase the R&amp;D budget by double maybe. 75B in buybacks just juices the EPS numbers. It’s the exact same BS that IBM has been doing to keep wall street happy. And it seems very un-Apple. I’d rather Apple take a more cold stance toward shareholders like Steve did and just act like the company was constantly in the verge of failing and keep making bigger bets (having huge piles of cash helps with that and they still do it just I don’t care about a dividend! Find me the next thing better than an iPhone)