Tim Cook showing strong leadership at AAPL
Tim Cook Announces expanded 30 billion dollar buyback of AAPL shares, and a 7 for 1 stock split. In January of this year, after AAPL missed badly, the share price took a nose dive below $500.00 a share. And, truth be told, without some sort of intervention, sub $400 wasn’t out of the question. But what did Tim Cook do to stop the bleeding? He showed confidence in his own AAPL brand , and bought back 15 billion dollars worth of shares. The sell off stopped, and the share price rebounded, over the next couple of months to $550, only … Continued