WSJ: Apple lost $9 billion overpaying for itself (Philip Elmer-DeWitt/Apple 3.0 – Philip Elmer-DeWitt)

Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
WSJ: Apple lost $9 billion overpaying for itself – The recent plunge in stock prices makes Apples buyback strategy look like a bad idea FromThe Investment That Cost Apple $9 Billion in 2018, posted Thursday bythe Wall Street Journal ($): Like many large companies, Apple has used much of its windfall from the 2017 tax overhaul to buy back …