Apple will not be providing an update on the current quarter nor will any topics be discussed other than cash.
Analysts expect Apple to institute a dividend. It can easily afford one, since it had $97.6 billion in cash and securities at the end of last year,” Peter Svensson reports for The Associated Press. “That would be enough for a $100 one-time dividend for every shareholder, but analysts expect the company to institute a modest recurring dividend.”
Svensson reports, “Apple CEO Tim Cook and Chief Financial Officer Peter Oppenheimer will discuss the decision on a conference call at 9 a.m. Eastern time Monday morning, the company said late Sunday.”
Read more in the full article here.
MacDailyNews Note: Apple will provide live audio streaming of its conference call using Apple’s industry-leading QuickTime multimedia software. The live webcast will begin at 6:00 a.m. PDT on March 19, 2012 at www.apple.com/quicktime/qtv/call31912 and will also be available for replay for approximately two weeks thereafter. The webcast is available on any iPhone, iPad, iPod touch or any Mac or PC running QuickTime 6 or later.
MacDailyNews will provide live notes from the conference call beginning at 6am PDT / 9am EDT on Mondya, March 19th.