
Apple has reportedly repurchased $14 billion of its own shares as the company continues to face pressure from activist investor Carl Icahn on a larger buyback......
According to the Wall Street Journal, citing an interview with Apple CEO Tim Cook, the stocks were repurchased in the two weeks since reporting their first quarter results. During the first quarter, Apple announced quarterly sales records for its iPhone and iPad, but its second quarter outlook fell short of Wall Street expectations...
WHAT IT ALL MEAN? WHY IS APPLE BUYING BACK IT'S OWN STOCK? the reason for this is because apple stock or share are not bringing in enough money for the company,so in order for the company to maintain it's regular stock buying volume since investors aren't buying it, the company choose to buy it's own stock: this gives everyone else an appearance that the apple stocks in up when really the reason why it's going up it's because they are buying their own stock. it's not really growing it's an appearance of Growth.
WHAT DOES THAT HAVE TO DO WITH THE RICH GETTING RICHER? EVEN MORE WHAT DOES THAT HAVE TO DO WITH BIBLE PROPHECY?
those who are on the inside of apple are getting richer because they are the only one who can afford apple stocks & are investing in it, that means every time you purchase an Iphone or any product made by apple they make money cause they invest and you consume. the problem with this is: soon the United state stock market will crash which will result a global economic collapse according to Revelation 18:3 the papacy is the Wealthiest group upon the earth & those that are getting rich they getting rich through her wealth however her wealth will not last forever:
Revelation 18:3.... and the merchants of the earth are waxed rich through the abundance of her delicacies.
Verse 11 tells us
11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:
this time is right around the corner, the melt-down is soon to come,
are you preparing spiritually to meet the final crisis?
for more on this view my sermon on GLOBAL ECONOMIC CRISIS AND THE WORK OF THE PAPACY
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