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Apple buys back $14 billion of its own shares

February 7, 2014, 12:48 PM

http://www.techspot.com/news/55598-apple-buys-back...

Apple recently bought back around $14 billion worth of its own shares over the past two weeks, according to CEO Tim Cook in an interview with The Wall Street Journal. Cook said that the market didn't respond well to the earnings announcement and the company was "surprised" to see its stock fall 8% after positive Q1 earnings results.

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