Apple became the first U.S. company to top the $800 billion mark in market capitalization back in May, 2017; slightly more than two years after it crossed the $700 billion threshold.

Read the following article and answer the questions below: http://www.newsweek.com/apple-market-cap-passes-800-billion-606628

1. What percentage (market share) of the S&P 500 does Apple represents?

2. Do you think Apple performs any journal entry when their stock prices changes? Explain your reasoning.

3. Why do you think stock buybacks (Treasury Stock purchases) have bolstered (increased) Apple share prices?

4. If you were Apple, would you buyback shares (Treasury Stock) or pay dividends? Explain your reasoning.