Panicked selling of AAPL lets Apple buy back billions cheaply

Media-induced panic related to the coronavirus outbreak has caused stocks to crash in value, with Apple’s share price dropping to levels not seen since early December, back before it was appreciated how well Apple’s iPhone 11, wearables, services, and other offerings had performed during holiday sales. That drop affords Apple a rare opportunity to snatch up billions of its shares at a discount nobody could have otherwise imagined possible.

Source:: Apple Insider