CNBC Fast July 3, 2024
And the yen finds its footing. Im melissa lee here with you tonight. We start with a human move last night on appear 8 after the tech titan announced a monster buyback, the largest in history across all companies. Apple is no strange tore giant repurposes, reducing share count over the last year buying nearly 85 billion worth of stock. Yesterdays announcement brings the total to nearly 700 billion. Is not all just a bit of Financial Engineering. After all, overshadowed, it was a 4 drop in overall sales with iphone revenues down 10 from a year ago. Thats the largest decline since the pandemic. ...