Toni Sacconaghi: Buybacks and tax cuts are what’s keeping Apple shares afloat (Philip Elmer-DeWitt/Apple 3.0 – Philip Elmer-DeWitt)

Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
Toni Sacconaghi: Buybacks and tax cuts are what’s keeping Apple shares afloat – Incredulously, strong buybacks could continue for another 15 years, if Apple decided it was comfortable taking on leverage. Analyst Toni Sacconaghi Incredulously, strong buybacks could continue for another 15 years, if Apple decided it was comfortable taking on leverage. Sacconaghi From a note to Bernstein clients that landed …

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