Well, that is the argument bears everywhere are beginning to make in an effort to stay ahead of any possible good news. The reality is, Apple has enough cash to both return a chunk to shareholders and to invest in massive innovation. Apple is THAT rich. Bears are in denial, but this ship is ready to do a 180 on them.
They will buy one or more big companies that compliment their product offering. Cramer said they could buy Facebook, google and Netflix and still offer a dividend. They will do something spectacular and I am positive they already have a plan. Yet another catalyst that will drive the stock to new highs this year. Patience!
I would agree with that argument if they only had 5 or 10 billion in the bank, but they have 137.5 billion in the bank an will add another 50 billion to that in the next year. AAPL is an unprecedented cash printing machine. They can return boat loads of cash to shareholders AND invest heavily in their business at the same time. A luxury that very few companies have.