Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade. Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history.
A few years ago, we mocked Gavin Newsom for his total lack of understanding about pew-pews when he called a .22 caliber rifle a "weapon of mass destruction," and then flagged his camera crew with it....