Neil Cybart Neil Cybart

Apple Share Buyback Hits Record High, A “Shrinking” Apple

Today's Above Avalon Daily email contains the following story:

  • Apple Share Buyback Hits Record High

  • A “Shrinking” Apple

Happy Tuesday. Today’s update will have a share buyback theme. While we received a few new buyback data points in Apple’s 2024 10-K, the discussion won’t be focused on just 4Q24 trends.

Let’s jump right in.

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Neil Cybart Neil Cybart

More on Apple Share Buyback vs. Market Cap, Thoughts on Apple and a $4 Trillion Market Cap, Thursday Q&A

Today's Above Avalon daily update includes the following stories:

  • More on Apple Share Buyback vs. Market Cap

  • Thoughts on Apple and a $4 Trillion Market Cap

  • Thursday Q&A

There is one question that was carried over from last week’s Thursday Q&A that we will address today. What does the current Mac upgrade cycle look like? In addition, there were a few incoming questions regarding Apple’s market cap and buyback. We will tackle those questions first. 

Above Avalon membership is required to read this daily update. Members can read the update here.


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The cornerstone of Above Avalon membership is access to Neil’s exclusive daily updates about Apple. Daily updates are 2,000 words and sent via email Monday through Thursday. Updates revolve around the following topics:

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