It is in the best interest of apple to have the price go DOWN as low as possible so they can buy back as low as possible.
Giving money back as a dividend just gives money away. The company should buy back shares and reduce the float. It will save them a little on the dividend and improve earnings per share.
But honestly, the reason the stock is dropping is the estimates are dropping. Current estimates are for less earnings and revenues as last year.
That isn't the fault of Tim Cook. The smartphone is becoming a commodity product and there is competition. No more iphone or nothing.
He can't force people to buy the products. And compeition is coming which are going to hit margins. It's just the nature of the product cycle.
I am just afraid Tim Cook will once again say that Apple is still "in very active discussions" regarding returning money back to shareholders. If he isn't going to announce a buyback or a dividend he better at least give a date on when he will finally get around to making a decision. Stringing shareholders along for as long as he has is incredibly insulting.
This is Tim Cook's chance to prove himself. So he is not going to say anything until Tuesday ER. Unless some idiot posts the results early on Apple web site. That has happened before, and you can bet, will never happen again. He already said "Don't bet against us", end he is not going to repeat it. It will be a calm collected, dignified ER , with none of Steve Ballmer, or Samsung or Elop antics. He is out to prove himself. If one thing Steve Jobs asked him to do is extreme secrecy. And he is keeping to that. Don't bet against Tim Cook,r Elon Musk, or Jeff Bezos.
Sentiment: Strong Buy
Not true. Just a big myth. Companies can always, at anytime, distribute news. They do need to distribute it widely and not just to a select group of analysts. A press release or a press interview meets those requirements of being distributed widely.
Go look it up. The more you know they better decisions you can make.