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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2889636, member: 71723&quot;]Close, but not quite a cigar. Buying back stock shortens supply, which isn&#039;t QUITE the same as creating demand, but it can play that part on TV. For the high tech companies in particular, stock buybacks (becoming treasury stock) does a couple of things. It insulates from activist investors, making a <i>coup d-etat</i> much harder to carry off, and it gives the Board more ammunition for buying a company without cash or to cover stock options for new hires.</p><p><br /></p><p>The race is on for becoming the first $1 trillion market valuation openly traded company. The only question is will it be Apple or Google? By the way, NEITHER of these companies is suffering from any inability to create new products or ideas. (He says on Day 1 ordering day for the iPhone X.)[/QUOTE]</p><p><br /></p>

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