Apple ready to spend $90 billion to gain autonomy

Withperhaps soon up to $1 trillion in revenue per year, Apple is undoubtedly one of the most prolific and promising companies on the planet. Whether it is iPhones, Macs or services, its three most profitable sectors have conquered the five continents to the point of catching the eye of regulators for the sake of competition.

A success which benefits not only the managers of the firm but also funds and thousands of individuals, owners of AAPL securities on NASDAQ.Shares that Apple is however preparing to buy backto the tune of 80 or even 90 billion dollars, according to recent predictions from Citigroup through its analyst Jim Suva.

More independence to rule better

Such an operation presents numerous benefits for Apple, starting with the arrival of approximately520 million voteson the clock when it comes to voting on major company decisions. On the board of directors, the brand must currently deal with the biggest with Vanguard,Berkshire Hathaway, BlackRock or evenNorwegian sovereignty.

For theshareholders, seeing Cupertino offer them such an offer is also a sign of a major liquidity transfer that many could see favorably. Indeed, in the space of a few years, many have doubled, tripled or even quadrupled the value of their shares by continuing to trust the quarterly results of the American firm.

Alphabet soon to be number one?

If the initiative therefore has enough to attract even more public, it nevertheless includes somerisks. Because if Apple has 202.6 billion dollars in cash and quickly tradable assets, this figure is only a stone's throw from Google's 169.2 billion. Microsoft closes the global podium, with 132.4 billion on the counter (estimateBloomberg).`

In theory, Tim Cook's multinational could therefore lose its status as the richest group in the world to the benefit of competition. What's more, such spending distracts from other major objectives such as productivity, the injection of external capital or human resources. But in the end, it will be as alwaysSECto decide to avoid any possible monopoly.

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By : Keleops AG