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Too bad. I like high priced stocks. I agree with Apple and Google that stock splits distort the real growth of a company in terms of its historical earnings.
Ferdie we agree on a lot of things but this is not one of them! Apples has $60 billion in cash it's just sitting on. One thing GIS has not done is buy back stock, and instead increased dividends at a rapid pace, putting the cash back into the hands of the shareowners. As a shareowner I would much rather have it in my pocket than in the companies'.
But I bet you'll take it anyway...
Forget the stock split. I think the most important reading in the press release is how GIS has destroyed the S&P over the last 10 years, not to mention the rising divi. Speaking of divis, I will enjoy today's payment!