Neil Cybart takes a deep dive into Apple buyback program | Philip Elmer‑DeWitt

"Apple has the largest share buyback program in the world. With $90 billion put into buyback in just the past 12 months, the company’s buyback strategy continues to draw questions.

** * What is Apple’s ultimate objective in repurchasing shares?*

    • What will happen to Apple’s buyback program once the company reaches its net cash neutral goal?.."*