Apple could have purchased any of 487 S&P 500 companies, but CEO Tim Cook chose $853 billion in buybacks instead

MacDailyNews
Jul 6, 2026, 10:00 am149 ptsTrending
While Wall Street obsesses over splashy acquisitions and AI mega-spends, Apple took a quieter, yet far more impactful, path. Instead of using the company’s massive cash reserves to snap up other businesses, Apple invested a staggering $853 billion in share buybacks since 2013. That war chest could have…

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