Apple Share Buyback Hits Record High, A “Shrinking” Apple

Today's Above Avalon Daily email contains the following story:

  • Apple Share Buyback Hits Record High

  • A “Shrinking” Apple

Happy Tuesday. Today’s update will have a share buyback theme. While we received a few new buyback data points in Apple’s 2024 10-K, the discussion won’t be focused on just 4Q24 trends.

Let’s jump right in.

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Apple’s Capex-Light Business Model, Apple’s Excess Cash Position, Apple Buyback vs. Apple Dividends

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My Notes from Apple’s 2024 10-K