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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AAPL Shares Hit All-Time High, Thoughts on AAPL Valuation, AAPL vs. MSFT
Today's Above Avalon daily update includes the following stories:
AAPL Shares Hit All-Time High
Thoughts on AAPL Valuation
AAPL vs. MSFT
We kick things off with my thoughts on AAPL stock price performance. With shares reaching all-time highs, we take a closer look at AAPL valuation metrics to see if the market is willing to pay more for Apple’s future cash flow. The discussion concludes with an examination of valuation differences between Apple and Microsoft. We look at why the market is valuing the two companies so differently.
Above Avalon membership is required to read this daily update. Members can read the update here.
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