Advertisement: MacBook Air. Available in two utlracompact sizes. Starting at just $999. Fast, free shipping from the Apple Online Store.
“Sacconaghi said about 10 percent to 15 percent of the investors he speaks with avoid the Cupertino, California-based company because they only buy firms with payouts or they’re concerned Apple will use cash for an acquisition. Apple had $25.6 billion in cash and short-term investments as of Sept. 30, the fourth-biggest amount in the Standard & Poor’s 500 Index when companies with financial divisions are excluded,” Lachapelle and Keene report. “‘As an Apple board member, I would not want to create any reason for people to not want to own my stock,” he said. “There is a reason right now, which is there’s a large cash balance that investors are not giving them full credit for, that investors are worried about in terms of the surprise of a large and potentially value-destroying acquisition, and there are investors who have dividend mandates who also can’t own Apple.'”
MacDailyNews Take: Don’t worry, Toni: Steve Ballmer will be crowned Miss America before you’re named to Apple’s BoD.
Lachapelle and Keene report, “Apple generated $16.6 billion in free cash flow, or money generated from its business minus capital expenditures, in the fiscal year that ended in September, according to the company. Given the company’s $281.1 billion market value, a 5 percent dividend yield would cost it $14.1 billion annually.”
Full article here.
MacDailyNews Take: Toni, go back to searching for your “missing” iPhones, you broken record. Steve already answered your incessantly repetitive crapola this week:
“Of course that’s been suggested to us. We strongly believe that one or more very strategic opportunities may come along that we can take advantage – that we’re in a unique position to take advantage of because of our strong cash position. I think, we’ve demonstrated a really strong track record of being very disciplined with the use of cash. We don’t let it burn a hole in our pocket and we don’t allow it to motivate us to do stupid acquisitions. So, I think that we’d like to continue to keep our powder dry because we do feel that there are one or more strategic opportunities in the future. That’s the biggest reason. There [are] other reasons as well that we could go into but that’s the biggest one.” – Apple CEO Steve Jobs, October 18, 2010
This is the world’s dumbest idiot. “preventing some investors from buying” Apple shares? Who is prevented?
Click this link. ANY DAY! You will see Apple is always the TOP total dollar traded stock on the Nasdaq. It is also 21% of the PowerShares QQQ that is almost always the 2nd. EVERYONE WITH MONEY IS BUYING APPLE! Idiot.
“Nasdaq Most Active by Dollars Traded”
http://www.marketwatch.com/tools/marketsummary/screener.asp?exchange=15&view=7&lookup=Look+Up
This is the world’s dumbest idiot. “preventing some investors from buying” Apple shares? Who is prevented?
Click this link. ANY DAY! You will see Apple is always the TOP total dollar traded stock on the Nasdaq. It is also 21% of the PowerShares QQQ that is almost always the 2nd. EVERYONE WITH MONEY IS BUYING APPLE! Idiot.
“Nasdaq Most Active by Dollars Traded”
http://www.marketwatch.com/tools/marketsummary/screener.asp?exchange=15&view=7&lookup=Look+Up
No don’t. Let the stock keep on going up, or quad split or something. Costs Apple close to nothing to split, and that’s better.
Keep the money Steve. Spend it on blu-ray burn’n. Haven’t enough people asked for that.
How ’bout a better codec than avchd. An Apple 4K camera? An Apple 4k 3d camera, and 3d 4k tv? Sed, or Fed tv.
Theres plenty for Apple to do. Spend money on that stuff.
No don’t. Let the stock keep on going up, or quad split or something. Costs Apple close to nothing to split, and that’s better.
Keep the money Steve. Spend it on blu-ray burn’n. Haven’t enough people asked for that.
How ’bout a better codec than avchd. An Apple 4K camera? An Apple 4k 3d camera, and 3d 4k tv? Sed, or Fed tv.
Theres plenty for Apple to do. Spend money on that stuff.
As soon as a company pays dividends, the shareholders or more precisely the fund managers begin to apply pressure for higher and ever higher dividends until the CEO & board are crippled into making reckless acquisitions as a monetary generator neglecting the companies core competency, leading to the company loosing ground to rivals. You don’t have far to look to see these events occurring again & again.
As soon as a company pays dividends, the shareholders or more precisely the fund managers begin to apply pressure for higher and ever higher dividends until the CEO & board are crippled into making reckless acquisitions as a monetary generator neglecting the companies core competency, leading to the company loosing ground to rivals. You don’t have far to look to see these events occurring again & again.
This is the typical attitude of greedy, retarded American investors. “I deserve a dividend for buying your stock which is too expensive for me to afford because everyone else wants it and is inflating the price, although I’ve had no part in helping your company increase revenues.”
This is the typical attitude of greedy, retarded American investors. “I deserve a dividend for buying your stock which is too expensive for me to afford because everyone else wants it and is inflating the price, although I’ve had no part in helping your company increase revenues.”
Any purchase that would materially diminish that pile would be offset by future value. Also, Apple hasn’t ever done deals bigger than throwing a billion at NAND suppliers and see what that bought them – a sh!tpile of flash memory. And it would take apple less than a month of profit to earn that back. Relax everyone… Nothing to see here.
Any purchase that would materially diminish that pile would be offset by future value. Also, Apple hasn’t ever done deals bigger than throwing a billion at NAND suppliers and see what that bought them – a sh!tpile of flash memory. And it would take apple less than a month of profit to earn that back. Relax everyone… Nothing to see here.
Or you can do evil à la Google:
http://www.smh.com.au/technology/technology-news/how-google-cut-its-taxes-by-31-billion-in-the-last-three-years-20101022-16wf8.html
Or you can do evil à la Google:
http://www.smh.com.au/technology/technology-news/how-google-cut-its-taxes-by-31-billion-in-the-last-three-years-20101022-16wf8.html
Dividends are attractive to people looking for an income component from their investment. Utility companies used to fill this niche in many retirement accounts. So a dividend might increase AAPL’s attractiveness to a subset of investors. The smart ones, however, seek their investment income from other sources and ride the AAPL growth train with the rest.
Apple has shown great restraint and savvy in its acquisitions over the past decade. Since Apple’s cash hoard is not truly factored into its stock price, they should be able to blow ten or twenty billion without much effect. After all, other companies owe billions and that doesn’t seem to be counted against them.
For a company that is growing as fast as Apple, the P/E on AAPL is amazingly low. Why does the absolute stock price seem to bother people so much? If APPL is worth $450, then it ought to be there.
Dividends are attractive to people looking for an income component from their investment. Utility companies used to fill this niche in many retirement accounts. So a dividend might increase AAPL’s attractiveness to a subset of investors. The smart ones, however, seek their investment income from other sources and ride the AAPL growth train with the rest.
Apple has shown great restraint and savvy in its acquisitions over the past decade. Since Apple’s cash hoard is not truly factored into its stock price, they should be able to blow ten or twenty billion without much effect. After all, other companies owe billions and that doesn’t seem to be counted against them.
For a company that is growing as fast as Apple, the P/E on AAPL is amazingly low. Why does the absolute stock price seem to bother people so much? If APPL is worth $450, then it ought to be there.
As a shareholder I do not wish to see a dividend although a split would be nice. I’ve owned Apple since 2001 & just bought my latest shares Tuesday morning. I will continue to accumulate Apple shares and they will continue to grow in value.
Wall Street just wants a quick payday. Eff ’em.
As a shareholder I do not wish to see a dividend although a split would be nice. I’ve owned Apple since 2001 & just bought my latest shares Tuesday morning. I will continue to accumulate Apple shares and they will continue to grow in value.
Wall Street just wants a quick payday. Eff ’em.
Paying dividends leads to companies generating debts as a means of tax avoidance as well pressure reduction from shareholders. Debts are generated by making acquisitions, acquisitions cost money through fees to banks, solicitors, deal brokers, write offs of loss making lines, redundancy fees from streamlining job duplication and the costs go on & on, tying up management, R&D and implementation of the companies strategy.
Not far to look to see this happening, all those COO’s jumping their proverbial ships.
Paying dividends leads to companies generating debts as a means of tax avoidance as well pressure reduction from shareholders. Debts are generated by making acquisitions, acquisitions cost money through fees to banks, solicitors, deal brokers, write offs of loss making lines, redundancy fees from streamlining job duplication and the costs go on & on, tying up management, R&D and implementation of the companies strategy.
Not far to look to see this happening, all those COO’s jumping their proverbial ships.
Another factor to consider – dividends are taxed as income. If you buy and hold AAPL, then you can sell shares, as needed, and pay the (lower) long term capital gains tax rate, instead. That would be a good reason to push for a 10:1 stock split – you could then sell round lots for income increments of ~$3,000 rather than ~$30,000.
Disclosure – I am not a tax expert and the situation may have changed since the last time that I looked into it.
Another factor to consider – dividends are taxed as income. If you buy and hold AAPL, then you can sell shares, as needed, and pay the (lower) long term capital gains tax rate, instead. That would be a good reason to push for a 10:1 stock split – you could then sell round lots for income increments of ~$3,000 rather than ~$30,000.
Disclosure – I am not a tax expert and the situation may have changed since the last time that I looked into it.
Analysts are tools. Buy and hold companies you like. I bought some shares at $20 years ago. I’m quite happy with my increase.
Analysts are tools. Buy and hold companies you like. I bought some shares at $20 years ago. I’m quite happy with my increase.
What an idiot. I don’t see any shortage of people buying Apple stock. Apple “needs” to pay a dividend? What a crock of shit.
What an idiot. I don’t see any shortage of people buying Apple stock. Apple “needs” to pay a dividend? What a crock of shit.
What a complete moron. Sanford C. Bernstein & Co is now bookmarked under “Brokers To Avoid”
What a complete moron. Sanford C. Bernstein & Co is now bookmarked under “Brokers To Avoid”
His tribal name is “Argues With Success”
His tribal name is “Argues With Success”
Here’s how any AAPL investor can pay themselves a “dividend.” Sell a few shares. AAPL is up $105 during the last year. It’s up $55 during the last three months. Even if you’ve only owned AAPL for a week, it’s up over $7.
Here are the advantages. You control when you get your AAPL “dividend” and the amount of the “dividend.” If you sell shares you’ve owned for more than one year, you get to play lower tax on your “dividend.”
Playing a dividend does not mean higher price for AAPL; it is not the primary driver for AAPL’s price. MSFT pays a big dividend (Microsoft even took out a loan recently so it can keep playing those dividends) and look at its share price over the last ten years. AAPL keeps going up because investors believe revenue and profit will continue to go up over time, not because it does or does not pay a token dividend.
Here’s how any AAPL investor can pay themselves a “dividend.” Sell a few shares. AAPL is up $105 during the last year. It’s up $55 during the last three months. Even if you’ve only owned AAPL for a week, it’s up over $7.
Here are the advantages. You control when you get your AAPL “dividend” and the amount of the “dividend.” If you sell shares you’ve owned for more than one year, you get to play lower tax on your “dividend.”
Playing a dividend does not mean higher price for AAPL; it is not the primary driver for AAPL’s price. MSFT pays a big dividend (Microsoft even took out a loan recently so it can keep playing those dividends) and look at its share price over the last ten years. AAPL keeps going up because investors believe revenue and profit will continue to go up over time, not because it does or does not pay a token dividend.
Oh, because they’ve clearly had a problem with investor confidence… What an idiot!
Oh, because they’ve clearly had a problem with investor confidence… What an idiot!
Why can’t this drop this issue?
How many times does Jobs have to spell it out?
Maybe ObamaLoser will aks for the same thing – Dividends for the have-nots who don’t even own APPL.
Why can’t this drop this issue?
How many times does Jobs have to spell it out?
Maybe ObamaLoser will aks for the same thing – Dividends for the have-nots who don’t even own APPL.
“Apple had $25.6 billion in cash and short-term investments as of Sept. 30”
I thought Apple had more than $40 billion in cash.
“Apple had $25.6 billion in cash and short-term investments as of Sept. 30”
I thought Apple had more than $40 billion in cash.
The moron can’t even read. As of NOW, Apple has 51 BILLION in cash, short and long term investments on the accumulated surplus.
Besides, the ANAL-ISTS are completely clueless, and repeatedly, they score BELOW the amateur bloggers in predicting quarterly earnings.
My guess is they don’t really understand business but they feel pressured to write SOMETHING, ANYTHING, and that is what they do.
Dopes.
The moron can’t even read. As of NOW, Apple has 51 BILLION in cash, short and long term investments on the accumulated surplus.
Besides, the ANAL-ISTS are completely clueless, and repeatedly, they score BELOW the amateur bloggers in predicting quarterly earnings.
My guess is they don’t really understand business but they feel pressured to write SOMETHING, ANYTHING, and that is what they do.
Dopes.
I was going to point out that Sacconaghi, is an idiot, but reading all the comments I don’t have to, it appears that everybody is already aware of his stupidity.
I was going to point out that Sacconaghi, is an idiot, but reading all the comments I don’t have to, it appears that everybody is already aware of his stupidity.
Here’s your dividend……. I’ve owned this stock since 87 bucks
” width=”19″ height=”19″ alt=”smile” style=”border:0;” />
I can not imagine buying a stock just for a freakin dividend. It’s taxed as ordinary income. Dividends and stock buybacks are old school. Welcome to the new world order…..
Here’s your dividend……. I’ve owned this stock since 87 bucks
” width=”19″ height=”19″ alt=”smile” style=”border:0;” />
I can not imagine buying a stock just for a freakin dividend. It’s taxed as ordinary income. Dividends and stock buybacks are old school. Welcome to the new world order…..
i think tony siragusa could give better advice or make more intelligent comments.
i think tony siragusa could give better advice or make more intelligent comments.
@ Figurative
Maybe you’ll learn to write and to spell when you grow up, too.
@ Figurative
Maybe you’ll learn to write and to spell when you grow up, too.
I didn’t know that Apple’s investors are captive against they will. Is that legal? I mean, can Apple force all those people to remain with apple shares and not move to a more valuable company?
(Sarcasm)
Tom, if for any reason a investor is not happy with his shares in a company, they can simple sell it and but shares of other company. Apple’s shareholders don’t do that because Apple was the ONLY company that reports record earning during recession.
If you don’t like apple’s way go with Microsoft or dell. Is that simple.
I didn’t know that Apple’s investors are captive against they will. Is that legal? I mean, can Apple force all those people to remain with apple shares and not move to a more valuable company?
(Sarcasm)
Tom, if for any reason a investor is not happy with his shares in a company, they can simple sell it and but shares of other company. Apple’s shareholders don’t do that because Apple was the ONLY company that reports record earning during recession.
If you don’t like apple’s way go with Microsoft or dell. Is that simple.
The day that Apple offers routine dividends is the day that I will get out of the stock for good.
A dividend signals that the growth era is over and that your company is now willing to grow at a much lower level than it has been doing. It is also saying that you may get no growth at all for the foreseeable future. Hence, with no growth prospects; no stock appreciation. The only reason to own the stock is for the dividends.
Dear Tony, show me a high flying stock that still pays dividends: CSCO? MSFT? Last I checked, both were done with growth and settling back into nowhere land as a stock.
For MSFT it’s just a sad story. They have the best gross margins of any company around, yet they cannot grow. They have Share inflation with over 8.6 billion shares outstanding. Zero Stock appreciation. Tony, these guys give out a dividend. So tell me, are your MSFT and CSCO new investors rich?
If you don’t like what’s happening at Apple, get the hell out of the kitchen and follow something else. Personally, as an actual real investor who owns/buys shares of the company, I am totally okay with what Steve’s doing. No dividend? No problem. I’ll take 30+% stock appreciation any day over a freaking dividend.
The day that Apple offers routine dividends is the day that I will get out of the stock for good.
A dividend signals that the growth era is over and that your company is now willing to grow at a much lower level than it has been doing. It is also saying that you may get no growth at all for the foreseeable future. Hence, with no growth prospects; no stock appreciation. The only reason to own the stock is for the dividends.
Dear Tony, show me a high flying stock that still pays dividends: CSCO? MSFT? Last I checked, both were done with growth and settling back into nowhere land as a stock.
For MSFT it’s just a sad story. They have the best gross margins of any company around, yet they cannot grow. They have Share inflation with over 8.6 billion shares outstanding. Zero Stock appreciation. Tony, these guys give out a dividend. So tell me, are your MSFT and CSCO new investors rich?
If you don’t like what’s happening at Apple, get the hell out of the kitchen and follow something else. Personally, as an actual real investor who owns/buys shares of the company, I am totally okay with what Steve’s doing. No dividend? No problem. I’ll take 30+% stock appreciation any day over a freaking dividend.
Another great way to get a dividend if you’re so wrapped up in dividend speak is to sell covered calls on the stock. Make sure they are way forward out of the money so that you don’t get the stock called. You could do this every month and pick up a healthy “dividend.”
Another great way to get a dividend if you’re so wrapped up in dividend speak is to sell covered calls on the stock. Make sure they are way forward out of the money so that you don’t get the stock called. You could do this every month and pick up a healthy “dividend.”
!@Jersey_Trader
“This is the world’s dumbest idiot. “preventing some investors from buying” Apple shares? Who is prevented?”
The “investors who have dividend mandates” are prevented from buying Apple by this mandate.
!@Jersey_Trader
“This is the world’s dumbest idiot. “preventing some investors from buying” Apple shares? Who is prevented?”
The “investors who have dividend mandates” are prevented from buying Apple by this mandate.
I seem to recall that Microsoft received similar urgings to pay dividends as its cash pile accumulated. And yes, they a one-time chunk, then little bits since. Doesn’t seem like it did much good for Microsoft or their shareholders.
I seem to recall that Microsoft received similar urgings to pay dividends as its cash pile accumulated. And yes, they a one-time chunk, then little bits since. Doesn’t seem like it did much good for Microsoft or their shareholders.
A company’s business strategy can’t please everybody. Many investors choose stock for their portfolios based on their desired levels of risk, and levels of income (balanced, growth, or income). Higher risks demand higher returns.
Generally, a company that chooses not to provide investors a steady income through the payments of dividends, will decide to invest the money to raise the stock price, so that investors, in turn, achieve growth through capital gains (buy low, sell high).
So, AAPL will be a stock for people who want growth in their portfolio and are willing to bare the higher risk (the risk that the stock price will go lower than what they bought it for), in return for higher returns in the long term.
The people who are complaining about Apple not wanting to payout dividends are obviously those who desire a steady income. If that’s what you want, go pick a different company in the market, there are lots of them. In the meantime, I’m happy with Apple’s decision to re-invest their extra cash to make new and great products for customers that are easy to use and just work. AAPL’s track record so far is proof of a good growth stock.
A company’s business strategy can’t please everybody. Many investors choose stock for their portfolios based on their desired levels of risk, and levels of income (balanced, growth, or income). Higher risks demand higher returns.
Generally, a company that chooses not to provide investors a steady income through the payments of dividends, will decide to invest the money to raise the stock price, so that investors, in turn, achieve growth through capital gains (buy low, sell high).
So, AAPL will be a stock for people who want growth in their portfolio and are willing to bare the higher risk (the risk that the stock price will go lower than what they bought it for), in return for higher returns in the long term.
The people who are complaining about Apple not wanting to payout dividends are obviously those who desire a steady income. If that’s what you want, go pick a different company in the market, there are lots of them. In the meantime, I’m happy with Apple’s decision to re-invest their extra cash to make new and great products for customers that are easy to use and just work. AAPL’s track record so far is proof of a good growth stock.
In some countries (such as mine), capital gain is not taxable but dividends are. It is far more attractive to me to own stocks that don’t pay a dividend. A dividend also causes unnecessary “stock shifting”, people sell their stocks in time before the dividend is paid and buy them back later again. I consider a stock split unnecessary, too, to say it mildly. Look at the last AAPL stock split. Did it do anything? I think not really. Well, AAPL has been going up since then but I highly doubt because of the split. It didn’t really do anything to the stock price in short term. A single AAPL share costs around $310 right now. Which investor cannot afford to buy a whole AAPL share at this price? C’mon, you buy at least ten of them. So far, it looks like there are enough investors out there. Demand (buying) has been higher than supply (selling). That’s why the AAPL stock price has gone up. We don’t need a fake price increase on the stock price just because certain investors are only interested in dividends and lower prices after splits. The AAPL stock price should reflect its true value because this will give the investors a more solid asset.
In some countries (such as mine), capital gain is not taxable but dividends are. It is far more attractive to me to own stocks that don’t pay a dividend. A dividend also causes unnecessary “stock shifting”, people sell their stocks in time before the dividend is paid and buy them back later again. I consider a stock split unnecessary, too, to say it mildly. Look at the last AAPL stock split. Did it do anything? I think not really. Well, AAPL has been going up since then but I highly doubt because of the split. It didn’t really do anything to the stock price in short term. A single AAPL share costs around $310 right now. Which investor cannot afford to buy a whole AAPL share at this price? C’mon, you buy at least ten of them. So far, it looks like there are enough investors out there. Demand (buying) has been higher than supply (selling). That’s why the AAPL stock price has gone up. We don’t need a fake price increase on the stock price just because certain investors are only interested in dividends and lower prices after splits. The AAPL stock price should reflect its true value because this will give the investors a more solid asset.
Toni Sacconaghi is the very definition of douche bag.
Toni Sacconaghi is the very definition of douche bag.
Toni Sacconaghi is the very definition of douche bag.
Toni Sacconaghi is the very definition of douche bag.
Toni Sacconaghi is the very definition of douche bag.
Toni Sacconaghi is the very definition of douche bag.
OK let’s do the math.
Apple have ~1BB outstanding shares. If they were to pay $1 per share that would cost them $1BB. That would be 1/300 or 0.3% of the current share price.
Hardly a good return even if they paid that quarterly. Anything more and it would cut too much into their profits.
I don’t care that much if they do, I will still profit but it not really going to make a big impact to my bottom line.
OK let’s do the math.
Apple have ~1BB outstanding shares. If they were to pay $1 per share that would cost them $1BB. That would be 1/300 or 0.3% of the current share price.
Hardly a good return even if they paid that quarterly. Anything more and it would cut too much into their profits.
I don’t care that much if they do, I will still profit but it not really going to make a big impact to my bottom line.
Yeah divs are always nice, but the price appreciation is just fine with me. However a split would be nice more than a dividend IMHO.
Yeah divs are always nice, but the price appreciation is just fine with me. However a split would be nice more than a dividend IMHO.
This Toni Sacconaghi guy is like a little spoiled crybaby. Over and over and over, he whines for the same thing. Even a 5th grade math student can figure out that someone who invested in Apple two years ago has achieved a 300% gain on their principal. Someone who invested in Verizon around the same time with their 5-6% dividend yield has achieved about a 10-30% gain on their principal after reinvesting dividends. Both good investments to be sure. Which is preferable Toni crybaby?
This Toni Sacconaghi guy is like a little spoiled crybaby. Over and over and over, he whines for the same thing. Even a 5th grade math student can figure out that someone who invested in Apple two years ago has achieved a 300% gain on their principal. Someone who invested in Verizon around the same time with their 5-6% dividend yield has achieved about a 10-30% gain on their principal after reinvesting dividends. Both good investments to be sure. Which is preferable Toni crybaby?
I D I O T
I D I O T
We don’t need those investors anyway they can invest in something else!!!!
We don’t need those investors anyway they can invest in something else!!!!
IF (not going to happen) Apple would pay dividend or buy it’s own shares (they do “buy/sell” some because of the option packages. There is some adjustment going on.) in massive THEN I would be SERIOUSLY concerned. Apple managemend and personal are so focused, brilliant and executing things better than anybody anywhere. Apple’s gun powder MUST stay dry because it is everything (need to buy something) plus a poison bill (against ANY attempts to takeover the Apple), insurance and garantee. Nokia is example of what happens when the company gives the money back to it’s shareholders. They now lack the stamina to do things and they have to borrow money from the bank.
IF (not going to happen) Apple would pay dividend or buy it’s own shares (they do “buy/sell” some because of the option packages. There is some adjustment going on.) in massive THEN I would be SERIOUSLY concerned. Apple managemend and personal are so focused, brilliant and executing things better than anybody anywhere. Apple’s gun powder MUST stay dry because it is everything (need to buy something) plus a poison bill (against ANY attempts to takeover the Apple), insurance and garantee. Nokia is example of what happens when the company gives the money back to it’s shareholders. They now lack the stamina to do things and they have to borrow money from the bank.
Notice that I did not use the Dell as an example
” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> They simply don’t have anything to give.
Notice that I did not use the Dell as an example
” width=”19″ height=”19″ alt=”wink” style=”border:0;” /> They simply don’t have anything to give.
I’m a Treasurer, and a value investor. After many years of investing, I’ve finally found a formula that works for me personally.
1) Find a Company with an Exceptional CEO of great integrity, a strategist and an ability to motivate employees to do amazing things:
My biggest winners: Apple (CEO S. Jobs), Ford (CEO Alan Mullaly and boy wouldn’t Boeing like to have him back!!!!) Lesser extent Epicor (CEO George Klaus)
2) Industry where the heavy weights (Market Share Leaders) are run by bozo’s Microsoft (CEO S. Ballmer), GM and Toyota (Too many Bozo’s to list here) Oracle L. Ellison and SAP and their Hemroid. HP Picked a winner too.
All the financial analysis in the world doesn’t help me sleep at night. I like the fact that these CEO’s are highly disciplined and focused. I have the highest confidence that if they pursue acquisitions, the strategy will be sound, the synergies realized, will pay fair value, and that as a stockholder I will be richly rewarded for that confidence and support.
As a Board Member, that’s what I’d be looking for in senior managers, and by the way, was the right reason HP jettisoned Hurd and correctly so. That’s a big big reason by Oracle is mentioned above. You can’t lead men and women and expect integrity and focus and exceptional performances if you don’t practice it yourself.
I’m a Treasurer, and a value investor. After many years of investing, I’ve finally found a formula that works for me personally.
1) Find a Company with an Exceptional CEO of great integrity, a strategist and an ability to motivate employees to do amazing things:
My biggest winners: Apple (CEO S. Jobs), Ford (CEO Alan Mullaly and boy wouldn’t Boeing like to have him back!!!!) Lesser extent Epicor (CEO George Klaus)
2) Industry where the heavy weights (Market Share Leaders) are run by bozo’s Microsoft (CEO S. Ballmer), GM and Toyota (Too many Bozo’s to list here) Oracle L. Ellison and SAP and their Hemroid. HP Picked a winner too.
All the financial analysis in the world doesn’t help me sleep at night. I like the fact that these CEO’s are highly disciplined and focused. I have the highest confidence that if they pursue acquisitions, the strategy will be sound, the synergies realized, will pay fair value, and that as a stockholder I will be richly rewarded for that confidence and support.
As a Board Member, that’s what I’d be looking for in senior managers, and by the way, was the right reason HP jettisoned Hurd and correctly so. That’s a big big reason by Oracle is mentioned above. You can’t lead men and women and expect integrity and focus and exceptional performances if you don’t practice it yourself.
Question for Toni Sacconaghi:
“How will paying a dividend help Apple increase revenue or profit?”
The answer is it can’t. All it will do is give a stock a short term bump, but do nothing to help Apple in the long term.
This is typical Wall Street shortsightedness.
Question for Toni Sacconaghi:
“How will paying a dividend help Apple increase revenue or profit?”
The answer is it can’t. All it will do is give a stock a short term bump, but do nothing to help Apple in the long term.
This is typical Wall Street shortsightedness.
Split the stock now! If the Price per share was lower, it woud attract a whole host of younger investors. It would also be less fun to short and manipulate. Both would be very nice, and Apple would still have it’s 51 Billion ib cash
Split the stock now! If the Price per share was lower, it woud attract a whole host of younger investors. It would also be less fun to short and manipulate. Both would be very nice, and Apple would still have it’s 51 Billion ib cash
@CS5
Love your take – spot on!
@CS5
Love your take – spot on!
I’ll keep my 4000% over the last 7 years with AAPL and you can go somewhere else and get your 5%, Tony. Good luck and don’t let the door hit you…..
I’ll keep my 4000% over the last 7 years with AAPL and you can go somewhere else and get your 5%, Tony. Good luck and don’t let the door hit you…..
They certainly must not!
Why would Apple care about investors that does not own the stock? Makes no sense.
They certainly must not!
Why would Apple care about investors that does not own the stock? Makes no sense.
http://www.mysticmadness.com/how-to-pick-the-right-team.html