I know, they should give away all their profits, right?!
Maybe they will split the shares, otherwise this is an insult
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Apple Announces Plans to Initiate Dividend and Share Repurchase Program
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Maybe they will split the shares, otherwise this is an insult
The press release is ambiguous. Depending on how you read it, the dividend is either $2.65 quarterly or $2.65 annually, paid quarterly. Can anyone clear this up?
Because whenever Apple does anything whatsoever, the first response is always "this is the beginning of the end" hehe.
When Apple proves them wrong, like they always do, they wait for the next major announcement to rehash it again!
This isn't spelling the end of Apple, its just showing a change in their priorities. As it has been said, Steve didn't really concern himself with share holders, he just focused on products and let the stock fall where it may. Tim is more of a Wall Street guy and I'm sure this will play well on Wall Street... I just don't care about Wall Street.
Pushing out a dividend when your stock is trading at an all time high is nothing but a payoff for the rich.
So does this mean that Tim doesn't think there is anything in this world worth pursuing other than making some rich guy richer?
I'm not concerned, like many are, of the iOSification of OS X. What does concern me is that so many people out there (like me) feel like Apple is one of the few companies that thinks of their customers before all else. Sure profits come, but they are the result of great products not the unholy pursuit of profit at all costs. Today though, they gave that loyal group of people, pause.
Remember the iconic commercial where the girl throws the hammer and smashes "the man"? Now she shows up with her checkbook and pays out dividends.
uuuh sorry it was my bad and too fast reading again
did not notice that they will pay 4 times a year, usually companies pay dividends once a year?
Just because Steve didn't do dividends doesn't mean it wasn't the right thing to do and for all we know Steve could've helped plan this move by apple.
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Exactly.companies have been complaining about this for awhile.
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Exactly.companies have been complaining about this for awhile.
Nokia wont pay taxes to Finland either.
All these companies are Cancer. Nothing else, than disgusting cancer.
The only reason I can see for doing this is to divert attention from that big stash of money. I don't think they like to get attention for 'having $100 bn in the bank'.
Repo's and dividends have very little effect on investors. Nor does Apple have a need to attract investors. Nobody will flock to put their retirements in AAPL because of a measly 2% a year dividend.
Repo's and dividends have very little effect on investors. Nor does Apple have a need to attract investors. Nobody will flock to put their retirements in AAPL because of a measly 2% a year dividend.
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Why is up with these comments steve wouldnt agree. Prob the most stupid ones Ive seen on here. How the F would you know whT he would do. Its also irrevlevent now. 45b over the next 3 years i wouldnt be suprised that their cash pile would even be bigger at the end of the 3 years at the rate that they are making $$$
Why is up with these comments steve wouldnt agree. Prob the most stupid ones Ive seen on here. How the F would you know whT he would do. Its also irrevlevent now. 45b over the next 3 years i wouldnt be suprised that their cash pile would even be bigger at the end of the 3 years at the rate that they are making $$$
The richest company in the world, yet they don't want to pay taxes. They set up operations in extremely tax lenient countries (Luxembourg and Ireland in Europe), in order to avoid contributing to the society they enjoy the fruits of operating in. It's all rather disgusting. Apple doesn't need a tax holiday.
I'm not sure if my maths are correct but...
If I invest $60,000 in Apple stock at $600 a share that gets me 100 shares.
$2.65 per quater dividend equals $10.60 per year per share.
Multiply that by 100 and I would get $1060 in dividends per year.
If I just put the cash in the bank instead at 3% interest I would get $1800.
So I would still need the share price to rise steadily to really make any money on Apple stock.
When you sell a product or service in another country, you pay taxes to the local and/or national government of that country. It is perfectly legal to keep the profits of that transaction in that country. But when you try to transfer the remaining money back to the US, Congress says you have to pay taxes on that money again. (the rules are different for each country).
Apple and many other companies have complained to congress that this double-taxation is unfair and is a disincentive to bring capital back into the US and invest it here in infrastructure, research, employment, etc.
Dividends are usually paid quarterly. This one will be too for a total of $10.60 per year.
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What is up with these comments undermining Tim? All of us who read Steve's bio knows his last advice to Tim: to not wonder what he would want, for Tim knows exactly what to do. Why can't we show the same confidence in Tim Steve did?
What is up with these comments undermining Tim? All of us who read Steve's bio knows his last advice to Tim: to not wonder what he would want, for Tim knows exactly what to do. Why can't we show the same confidence in Tim Steve did?
In other words, in three years Apple will still have $100 billion in reserves. This is just to ensure they don't have $150 billion in reserves.
It's a bit late now. In hindsight, you should have invested that $60,000 a year or two ago.
Problem with catering to Wall Street is that they will never be satisfied until they bleed you dry. WSJ is already crying that Apple didn't do enough
I'll never have enough cash invested to make a dividend worth more than a couple of hundred bucks a year. I'm sure that goes for most Americans.
I still trust that Apple knows what it is doing and I would rather Apple go this route than spend the cash on stupid acquisitions like AOL-Time Warner, Microsoft and Disney did.
It's funny how companies that ignore Wall Street's petulant screams usually provide the best products,s service. and value for their shareholders (Apple, Costco, UPS)
I'll never have enough cash invested to make a dividend worth more than a couple of hundred bucks a year. I'm sure that goes for most Americans.
I still trust that Apple knows what it is doing and I would rather Apple go this route than spend the cash on stupid acquisitions like AOL-Time Warner, Microsoft and Disney did.
It's funny how companies that ignore Wall Street's petulant screams usually provide the best products,s service. and value for their shareholders (Apple, Costco, UPS)
That's capitalism for you. Its not great but its certainly better than all the other options out there. They're a business, their goal is to make the most money they can.
So are you living in a cave in Finland then? How do you run your computer, solar power perhaps? Who's internet connection are you stealing?
You must be one of these people that can't get a job so he complains about everything that has happened to him and blames it all on corporations.
I've got news for you. Without corporations most of what you have in the world today wouldn't exist.
I think you are just upset that you didn't buy Apple's stock 10 years ago when you could afford 100 shares.
I feel like this is incorrect though. Yes, apple has the best customer service of any company, and has the greatest customer loyalty, and treats their customers right, but like any other company they're not going to do things that hurt their profits just to make customers happy. They wouldn't be so successful if they did that.
I agree with you that paying dividends seems kind of odd considering how successful their stock is, but i also know it wasn't a spontaneous, fly-by-night decision. The point of it is for them to make more money. There's no other ulterior motive.
Dividend Rate
Unless AAPL changes the dividend rate each quarter, it goes like this:
4Q 2012 2.65/700 = 0.3785%
1Q 2013 2.65/750 = 0.3533%
2Q 2013 2.65/800 = 0.3313%
3Q 2013 2.65/850 = 0.3118%
Annual Dividend = 1.3749%
Since all of my AAPL is in an IRA and I am over 71, the dividend will amount to about half of my Required Minimum Distribution (RMD) before taxes. This means I can keep my shares of AAPL and take the RMD from the dividends.
Unless AAPL changes the dividend rate each quarter, it goes like this:
4Q 2012 2.65/700 = 0.3785%
1Q 2013 2.65/750 = 0.3533%
2Q 2013 2.65/800 = 0.3313%
3Q 2013 2.65/850 = 0.3118%
Annual Dividend = 1.3749%
Since all of my AAPL is in an IRA and I am over 71, the dividend will amount to about half of my Required Minimum Distribution (RMD) before taxes. This means I can keep my shares of AAPL and take the RMD from the dividends.
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Or $60,000 invested about 2/3 years ago (when price was $75) would've bought you 800 shares (worth $475,200
), resulting in 13% yearly income ($8000) on the original investment. So yes, it does benefit those long term investors. But as I said $8000 on half a million is poor. Its not for real benefit its just for show.