Its trading volume has been decreasing exponentially for the past 10 years.
If the trend continues, says friend-of-the-blog Roger van Boeyen (who supplied the charts), Apple’s trading volume will halve again in the next five years.
Could the fall-off be an artifact of Apple aggressive share buyback program, which retired nearly 1.7 billion shares in the space of five years? Not likely, says van Boeyen. The timing is wrong. Besides, Google’s trading volumes are down just as sharply.
My take: As the price curves go up, the volume curves go down.