Buffett Says Increased Dividend Is Worst Thing Apple Could Do..
All you greedy dumb newbie longs take note! Buffett said companies shouldn't worry about stock price fluctuations. They need to worry about creating value. He said Einhorn should be ignored. If anything buy back stock. He also said Apple is doing good job at creating value.
that and the guidence is lousy, The cellphone market is saturated and the iphone is way better than all the rest but doesn't look snappy next to the sammmys. Apple needs to come up with some new onboarding features with the iphone 5s and a cheap new iphone 4si.... Apple needs to purchase a TV company like DTV or something to augment its musical media empire (sony?)
LOL!!! Cracks me up if that is true what Buffet said, about the Dividend. Typical hypocrit his company and stock will not pay a dividend but he owns companies that do. Horrible idea only if your paying the dividend not recieving it right? and the answer to that question is absolutely YES. People get to caught up into these big wigs and hedge fund managers, they have so much of an advantage over the little guys. These guys are so crooked with their inside info. Look at Heinz SEC looking into that one as well. what a joke. They do it all the time the secret is to not get caught. and that's why they are the best. Not the best at their great financial future fortune telling but at using insider info to their benefit and getting away with it.
I agree w/ everything Buffett said on this topic; it's sad to me that so many people don't get it: Cook is responsible for earnings and earnings growth; the price action of the stock is not his fault, it's our fault (investors).