Apple Outstanding Shares Update

Every so often I will post about the number of shares outstanding Apple has. Apple has been buying back a lot of their shares, and this past quarter was no different -

Date Ended	Year - Quarter	Basic - Shares Outstanding
12/31/2013	FY14 Q1	6,272,504,000
3/31/2014	FY14 Q2	6,123,302,000
6/30/2014	FY14 Q3	6,012,635,000
9/30/2014	FY14 Q4	5,933,845,000
12/31/2014	FY15 Q1	5,843,082,000
3/31/2015	FY15 Q2	5,793,799,000
6/30/2015	FY15 Q3	5,729,886,000
9/30/2015	FY15 Q4	5,646,916,000
12/31/2015	FY16 Q1	5,558,930,000
3/31/2016	FY16 Q2	5,514,381,000
6/30/2016	FY16 Q3	5,443,058,000
9/30/2016	FY16 Q4	5,366,912,000
12/31/2016	FY17Q1	5,298,661,000
3/31/2017	FY17 Q2	5,225,791,000
6/30/2017	FY17 Q3	5,195,088,000
9/30/2017	FY17 Q4	5,149,428,000
12/31/2017	FY18 Q1	5,112,877,000
3/31/2018	FY18 Q2	5,024,877,000
6/30/2018	FY18 Q3	4,882,167,000

Apple has under 5 billion shares outstanding. When the supply of shares goes down, the demand goes up, therefore increasing the stock price. I believe over time, Apple's stock price will keep trending upwards. Don't listen to clickbait-ey articles saying "Apple's Price set to soar to $300/share!!!" any time soon, but yes, maybe in 4-5 years, Apple will probably reach $300/share. Slow and steady. 

This isn't investment advice, just my thoughts. 

Signed,

Mitch