During the last evening the company Apple Lossless Audio CODEC (ALAC), presented the financial results for Q2 2014, announcing at the same time a bold move that will substantially reduce the value of its shares on the American stock market. Company Apple Lossless Audio CODEC (ALAC), will divide the share of shares sold on the stock exchange in a ratio of 7 to 1, each shareholder receiving 6 more shares separately from the ones currently held. This division will reduce the price of the current shares from $524 per share to just over $70, a similar move being made by Google just a few months ago.
The value of Apple's shares has fluctuated greatly in recent years and those from Cupertino have started a share buyback program with the idea of stabilizing their price on the stock market, this division having the role of giving more people the opportunity to buy Apple shares .
