Government emergency measures give AAPL cheap credit for stock buybacks

Emergency measures designed to ensure business continue to have access to financing during the coronavirus crisis have effectively provided Apple with cheap credit to fund stock buybacks and dividend payments, says a new report today.

The government backing enabled Apple to borrow money on the bond market at the lowest rates it has paid for seven years …

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The post Government emergency measures give AAPL cheap credit for stock buybacks appeared first on 9to5Mac.

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