Tim Cook and Luca Maestri were busy buying back AAPL shares this past summer. In this episode, we take a closer look at Apple's share buyback program. We answer three questions: Why is Apple buying back its stock? How is Apple buying back stock? Does it make sense for Apple to buy back its stock? We then focus on Apple's record pace of stock buyback this past August and September and what it suggests about management's view on Apple's future. More information on Above Avalon memberships can be found at AboveAvalon.com