Apple Spent $20B On Strategy That Cost Shareholders 16% Over Past 5 Years

Apple Spent $20B On Strategy That Cost Shareholders 16% Over Past 5 Years

Apple announced historic quarterly results this week: record revenue of $91.8 billion, and record net income of $22.2 billion. Apple also announced that it spent $20 billion on a strategy that is provably bad for shareholder value. Burning cash Photo by Jp …
Read More