“Niles said the company has made ‘progress’ with its cash, noting that the company under Cook reintroduced a dividend just five months after co-founder and former CEO Steve Jobs died,” Navarro reports. “Jobs had opposed paying a dividend.”
Navarro reports, “Niles looked to Apple’s shareholder meeting on Feb. 27. ‘That’s the earliest you should be expecting anything, and they’ve told you they’re going to move,’ he said.”
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