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Apple Inc. Message Board

  • poor_man187 poor_man187 Feb 13, 2013 2:30 AM Flag

    Apple More Than Doubles the Dividend...

    Einhorn's cash issue is put to rest, Apple buys time for iTV/projector, iWatch, and other innovative products, and shareholders are happy again because the stock will leap.

    Forget buy backs and preferred.
    At less than 8x earnings excluding cash, Apple is a value name as you can't grow to infinity forever.
    BOD needs to do the right things to stop the bleeding and fortunately, Apple is in a cash-rich place where it can afford to make strategic/wise acquisitions/decisions AND significantly raise the dividend in the meantime.

    Sentiment: Buy

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123.13-0.25(-0.20%)2:52 PMEDT