What impact will Apple's stock buyback have on the company's financial growth?

Recently, Apple announced a new $100 billion stock buyback program, on top of the $210 billion one already in effect. As a stock investor, should I be concerned about the long-term financial growth of the company with this decision?

In my opinion, Apple's stock buyback is a strategic move to boost shareholder value and confidence. By reducing the number of outstanding shares, the company is increasing the value of each remaining share. As a result, this can potentially lead to a higher stock price in the long run.

While stock buybacks can be a short-term boost to stock prices, they also signal to investors that the company may not have better investment opportunities. As a result, it may be a better option for Apple to focus on innovative products and investments rather than buybacks.

In my experience, stock buybacks can also be a way for companies to manipulate their stock prices and artificially inflate their earnings per share. As a stock investor, it's important to be cautious and analyze the company's overall financial health and growth potential before making any decisions.