Yes, a buyback would be awesome.. But Cook seems to not want to do it or else he would have done it already. The dividend hike would have happened already especially before the end of year when all other companies were doing it. The answer to the puzzle here is to get rid of Cook and bring in someone with cojones to deploy cash and be aggressive with the negativity that the media is pumping out each and everyday. What happened when Facebook tanked after the IPO? The CEO (Zuck) came out on live television and did a 1 hour question and answer session explaining what he was going to do and to calm investors and shareholders. And then what did the stock do right after that? It rallied hard.... I can't explain what all the delay is here with Cook and Apple management. Are they ashamed that everyone is telling them what to do and now they feel that if they do it, they will look like we are controlling them?
Cooks been out a few times, just recently at the Goldman conference, he has said the right things and been quite positive.... The stocks just in a vicious bear market, he can't "say" anything to stop it..... He can stop it with his balance sheet.... I think he will.