Earlier quoted context omitted.
Actually a better way to think about it is that they are compensating their shareholders... That $77B that is now returned to shareholders can be spent on whatever those shareholders want. It isn't really Apple's money to begin with... kind of the issue with being a public company. Unless of course its shareholders would look at that investment as sound, which might be a stretch given Apple's lack of background in an…
> That $77B that is now returned to shareholders can be spent on whatever those shareholders want. It isn't really Apple's money to begin with... kind of the issue with being a public company. Apple and its shareholders are the same entity when discussing “whose” money it is. If shareholders want it used to do buybacks, they vote for company leadership to do that. If they want dividends, they vote for company leaders…
Only if there is an option to do that.