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Apple Dividend May Return Part of $98B in Cash
#3
Does Cook really want to argue with shareholders about Jobs' cash fetish? It is quite clear that all that cash is holding back the stock's P/E multiple, and he's said they have no plans for it. It belongs to the shareholders - distributions of profits like that are what shareholders buy stock for in the first place. The cash cow that is Apple needs to be milked.
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Re: Apple Dividend May Return Part of $98B in Cash - by tenders - 03-01-2012, 04:37 AM

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