Apple Halts Share Buyback, Apple’s Net Cash Trajectory, Net Cash Neutral vs. Excess Cash

Today's Above Avalon Daily update includes the following stories: 

• Apple Halts Share Buyback

• Apple’s Net Cash Trajectory

• Net Cash Neutral vs. Excess Cash

Following Apple’s earnings release, the most prevalent incoming question dealt with Apple’s decision to sunset its net cash neutral goal. While we went over my initial thoughts on the topic in last Friday’s update, there’s room to go deeper. Before we get to net cash, we will discuss the latest developments regarding Apple’s share buyback program. 

This story is available for subscribers. To continue reading, click here.

Become an Above Avalon Daily subscriber to read today's stories and receive future stories in a daily email containing 2-3 stories (10-12 stories/week). You can use the payment forms/links below to sign up ($20/month or $200/year). For more information on subscriptions, click here. 

An audio version of this update is available to subscribers who have the Podcasts Package (+$10/month or +$100/year) attached to their Above Avalon Daily subscription.