Who cares about the fiscal cliff? Cut Defense Spending... Doesnt affect Apple. Get rid of the Bush tax cuts... Doesnt affect Apple.
Who wouldnt park there money in AAPL with a safe 2% dividend that will be increased in January along with share buybacks in 2013.
aapl will be fine and eventually trade a little more stable. but who know if bottom is 496, 470, 450, or 420. will likely see 600 again next year. funny those with targets now below that.
they never said they were gonna increase the divy.
Cook said over the next 3 years they will pay out at least $45 billion in dividends and share buybacks.
I just wish they did it all tomorrow!