Jim Cramer isn’t impressed with Apple’s stock buybacks — Saylor offers a fix originally appeared on TheStreet .
CNBC's 'Mad Money' host and veteran market commentator Jim Cramer is not impressed with Apple Inc. (Nasdaq: AAPL) repurchasing its stocks of late.
With a market cap of $3 trillion, Apple is the third-largest company in the world that is well-known for its flagship tech products such as iPhones, iPads, MacBooks, etc.
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The tech giant has executed sizeable stock buybacks over the past few years.
On May 1, the company announced its plan to repurchase up to $100 billion of its stock.
In 2024, it had bought back AAPL stocks worth $110 billion — the largest stock buyback in U.S. history.
In 2018, the company repurchased stocks worth $100 billion. Past buybacks include $75 billion in 2019, $50 billion in 2020, and $90 billion each in 2021, 2022, and 2023.
Cramer thinks the buyback strategy isn't working for Apple:
"It is not a badge of dishonor. It just isn't"
Well, the analyst isn't entirely wrong. Though the AAPL stock has surged 236% over the last five years, 2025 has hardly been a kind year for it. The stock has declined nearly 20% in value year-to-date and was trading at $201.55 at press time.
Bitcoin advocate Michael Saylor didn't miss the opportunity to recommend the same investment advice to Apple that his business intelligence firm, Strategy (Nasdaq: MSTR), has been following since 2020. He wrote :
Apple should buy Bitcoin.
Strategy is the largest public corporate Bitcoin holder and co-founder Saylor often encourages other companies to follow the same acquisition plan as Strategy.
Elon Musk's automotive and clean energy company Tesla (Nasdaq: TSLA) and Metaplanet (Tokyo: 3350.T) are among other prominent public holders of Bitcoin.
Bitcoin, which the likes of Saylor have been counting on to earn impressive rewards, was trading at $109,635.11 at press time, as per Kraken .
Jim Cramer isn’t impressed with Apple’s stock buybacks — Saylor offers a fix first appeared on TheStreet on Jun 10, 2025
This story was originally reported by TheStreet on Jun 10, 2025, where it first appeared.