The interview that Tim Cook gave to The Wall Street Journal is giving enough of itself. It was divided into large differentiated blocks and in other posts we talked about what Cook thinks of Android comparing it with Europe.
Now we are going to focus on the section on the buyback of shares that Apple is doing. Those from Cupertino have performed, after the presentation of the financial results from Q1 2014, a buyback of shares worth $ 14000 billion.
During the interview with Tim Cook in The Wall Street Journal, it has revealed that Apple has been carrying out a share buyback for a value of fourteen billion dollars. If you recall, the financial results for Q1 2014 were a whole new record within the company, but even so, at that time the shares were down almost 8 percent. However, despite the fact that the value of the shares has fallen, Apple is confident in itself and has made this buyback, thus demonstrating that the company's senior officials are betting on it.
In the interview, Tim was also asked why Apple didn't buy the Nest company, letting Google do it. To this question, the CEO of Apple replied:
We have been observing and studying great companies. We are not closed to buying them. We do not burn money in our pockets, we are not urged, we do not say let's make a list of ten companies and buy the best. There would be no problem in going above ten figures to buy the right company if we believe it is in the best interest of Apple in the long term. None. Zero
Finally, Cook specifies that they want to be able to adjust to the long-term interest of shareholders and not for speculators who see Apple as a short-term investment.
More information - Apple shows its financial results for the first quarter of 2014
