03-14-2012, 02:36 PM
IronMac wrote:Of course, it can invest in other companies or buy other companies and/or technologies but they don't need tens of billions of dollars in cash to do so.
[quote=Rick-o]
sit in a big pile earning next to nothing.
Earning “nothing” and having the ability to move quickly are two very different styles of financial logistics
that are at opposite ends of the spectrum. Most companies have to issue more stock when they want to
grow - and Apple doesn’t have to do that at the moment.
In addition, given the leaking of technology by members of their previous board (whom should disappear
in a barrel filled with cement, located at the bottom of the ocean…) and contract manufacturers who decide
they will get into the same market as the product they are already making for Apple, permit Apple to do
several things BY HAVING THE CASH.
They can invest in another organization (Sharp) so they can shift away from Samsung, indeed, for punitive
reasons, despite the fact that the new iPad display is coming from Samsung, not Sharp, as expected.
They could AND SHOULD buy ARM Holdings, an institution that wouldn’t even EXIST were it not for the
1992 research that was done between VLSI and Apple, that CREATED the ARM processor — a processor
that is now licensed by over 30 companies, including Samsung, Texas Instruments, Freescale/Motorola,
and even DEC before they were bought by Compaq and uselessly purchased by HP for billions when
they had nothing to offer the company except an two old 64 bit designs by way of the archaic Alpha and Itanium.
I stated above that Apple is 70% institution owned. That figure is now 71% institution owned.
Stock buybacks will raise the price of the stock, but are a waste of resources, and only enrich
those INSTITUTIONS who own it now.
Anyone who wants to “cash in” on their investment has every right and opportunity to CASH OUT whenever
they wish to, at substantially more gain than waiting for $2 per share.
If you have 1000 shares of Apple TODAY. Do you really NEED $666 per month extra flow, when you are sitting on $581,000 of liquid $$$$ right now?
If that’s the case… and you want Apple to refund to you a dividend that hasn’t been in effect for 15 years,
and you have as the example above demonstrates, then you have bigger problems with your portfolio
than you are revealing.
Or you could just be dumb.