Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Total market capitalization is roughly $500 billion. So buying back $2.3 billion of shares only shrinks the number of shares by less than 0.5%. That improves EPS by all of about 3 cents. Not enough to matter.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: