What was the biggest news from Apple

Posted By on April 23, 2013

In Tuesday’s conference call Apple had reasonably positive news, or at least as expected news. The fact that they are increasing their dividend and hinted at something new in the second half of 2013 wasn’t all that surprising, but they are obviously convinced AAPL stock is a good investment.

Management announced it was increasing its stock buyback program by an incredible $50B to $60B.

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.