If Apple gave it all to me?
Okay, I'm assuming you mean, if I was Apple. More dividends and buybacks.
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Carl Icahn's Stake in Apple Passes $3 Billion Amid Continued Stock Buyback Pressure
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If Apple gave it all to me?
Okay, I'm assuming you mean, if I was Apple. More dividends and buybacks.
If Apple gave it all to me?
Okay, I'm assuming you mean, if I was Apple. More dividends and buybacks.
Either way.
A man can dream to have 150b of his own, right?
Alright, I may be the dumbest man in the room when it comes to financials ... but buybacks? Could you tell me more about how that will help Apple grow as a company? If you already explained it, then link me to the ... post, maybe? When you post, you post big.
Check out post #15 in this thread. Others have made similar comments.
To answer the second part of your question, neither buyback nor dividends are intended to help Apple grow. All this cash is a product of growth. It's the reward. As much earnings as is prudent should be plowed back into more growth, but for Apple they long ago passed the point where they could reinvest more than a tiny fraction of what they earn in growth. This is called a good problem to have, but still a problem.
Trust me, you aren't the dumbest man in the room when it comes to this issue. Those are the ones who think they know everything there is to know.
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I thought iOS 7 was bringing new Icahns?
Somebody had to say it, and I'm just glad it wasn't me.
Thanks for pointing me in the right direction. Also, I can see how it makes sense for them to use some of their money for buybacks. It's kind of funny, by the way, when a company makes so much money that they can't even use a large portion of it to invest back into their company.
Pay raises for everyone, maybe?
Thanks for pointing me in the right direction. Also, I can see how it makes sense for them to use some of their money for buybacks. It's kind of funny, by the way, when a company makes so much money that they can't even use a large portion of it to invest back into their company.
Pay raises for everyone, maybe?
Even raises would be basically meaningless to a cash pile this size. The cash pile is so large that they could give every single Apple Retail Store employee a million dollar bonus and Apple would still have more cash on hand than Google, Microsoft, Amazon, Netflix, Dell, and IBM . . . combined.
But then, presumably, the employees would all quit to pursue more interesting jobs or activities than selling Apple products.
How amazing would that be, by the way, if they just gave everyone who worked for them $1,000,000 for being awesome? No single thing can be worth 150b, I get that, but a bunch of smaller things might help them out. Nobody here thinks they can spend 150b at once, aside from buying a crapload of a large company's stocks.
It would be kind of awesome. But really it couldn't even legally be done. There is no way the Board or Management could justify that a million dollar bonus to tens of thousands of $15 per hour employees is not an act of corporate waste and a breach of fiduciary duty to the shareholders. But a more modest raise would be good PR. But anything reasonable, but still nice, like everyone gets a 10% raise, would be meaningless in scope compared to the profits coming in.
When I suggest that the dividend and stock buy back should be bigger it is actually because I'm such a big believer in Apple. I think Apple's best days (driven by increased sales of iPads and iPhones) are to come. And with those best days is coming 100s of billions more in profit. So yes Apple could and will acquire many things in the future. But, I believe, there will be at least another billion dollars EVERY week of profit to make those acquisitions from. You can never use up that kind of cash making $200 million acquisitions of obscure smaller companies four or five times a year.
Had contact with him and I stand by my comment. Besides being a slut he is a jerk of the first order. Let him into your company at your own risk.
We definitely agree that Apple's current trend only means their pile of cash is going to get larger and larger. And we both agree they should do something with it. Maybe both the raise and the buyback, since it would be good PR to do so. Getting more manufacturing in the US would also be good PR, but that would cut into the profits I'd wager.
Yes, it makes me wonder why an investor calling for action that will raise shareholder value is something so evil that people are saying it should be illegal.
I do not like Icahn's dealings with failing companies, but Apple is not a failing company. As an Apple shareholder, I have no problem with what he is asking for in this instance.
I think some people hate Icahn so much that if they found out he peed in a toilet, they would stop peeing in toilets.
Just what the hell is an "activist investor" anyway?
This guy's the sort of **** that gives capitalism a bad name. He does nothing positive and reaps big rewards. As IJ Reilly noted, there may be some merit to the strategy, but I still think he's a greedy ****.
This guy's the sort of **** that gives capitalism a bad name. He does nothing positive and reaps big rewards. As IJ Reilly noted, there may be some merit to the strategy, but I still think he's a greedy ****.
Yes, but (and) making options available to even lower-level employees might be a good and is a perfectly legal thing for Apple to do, though in the end these programs will make even more money for the company when the options are exercised. This will also produce dilution over the long haul if nothing is done to reverse the process. A steady positive return on the stock is what they need to make this a meaningful form of compensation, so again a buyback would be needed to offset the dilution. Apple could transfer a considerable amount of cash to employees this way.
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Now that's something I'd pay to see.
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Nice. But I meant I don't have freedom of speech here on these forums if I wish to still be able to contribute here.
1. If you hated it so much you'd not do it.
2. That's exactly what I said so we both agree.