“Nate Pile, editor of Nate’s Notes, recommends buying Apple Computer. On July 15, the Cupertino, Calif.-based personal computer, software and peripheral device company reported a 221% increase in quarterly earnings to $61 million on a 30% increase in sales to $2.01 billion, compared with the quarter ended June 26, 2003,” John Dobosz reports for Forbes.
“Pile recommends Apple both for its currently solid financial position and for its future growth possibilities. Apple grew its Macintosh business 19% in the current quarter, but its iPod business skyrocketed 162%, which Pile sees as evidence that Apple is rapidly expanding its customer base,” Dobosz reports.
“He concedes that ‘Wintel’ machines have similar suites of software, but points out that Apple is the leader in ease of use. In fact, Pile says, Apple may soon make new inroads into the corporate IT market with its OS X platform,” Dobosz reports.
Full article here.
how many shares of apple stock do you need to be able to vote
One.
One share = One vote.
This is why you always want to retain at least 51% of the shares for yourself so you can make all of the decisions.
50.0001% or so should do it. But simplistic 51% will do
“50.0001% or so should do it. But simplistic 51% will do” – OR
Not if you have hanging chads and butterflies.
rons a loser and known apple basher. your stupid ron your family hates you and you will proboly have a heart attack from the secret anger you hold for wintel machines!!!
Well, I bought some more shares. I keep kicking myself I didn’t buy any when it was below thirty and really really wish I would have bought more at 20. Hope Apple keeps up the good work.
50% + 1 share — all voting shares. Or 1 share and 50% of the proxies. Or the Herbert Hoover method — the dirt on all the directors
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The ability to vote depends on the type of share. some shares are of a “non-voting” type – for example the $50M worth that M$ bought several years ago (at a very low price and sold when it was very high, mind you) They had a lot of shares, but no votes. Imagine if they had… Shudder….
if you can vote you know it: Apple sends you reports and vote bulletin.