In this video from Friday's edition of Investor Beat, host Alison Southwick and Motley Fool analysts Jason Moser and James Early take a deep dive into the biggest business and investment stories from the market today.
Apple (NASDAQ: AAPL ) CEO Tim Cook announced that the company repurchased $14 billion worth of shares in the last two weeks, most of which were part of the company's existing buyback program that will eventually total $60 billion. However, share buybacks are only as good as their execution, and some are timed very poorly. How did Apple do here? In the lead story on today's Investor Beat, Jason and James discuss how this could offset some employee stock awards and options, how much influence Carl Icahn had here, and why Apple shares look undervalued enough at the moment to make this a great move.
So where will Apple go next from here? Television?
You know cable's going away. But do you know how to profit? There's $2.2 trillion out there to be had. Currently, cable grabs a big piece of it. That won't last. And when cable falters, three companies are poised to benefit. Click here for their names. Hint: They're not Netflix, Google, and Apple.