Well, its one for the history books. A company makes $9/share in one quarter, has no debt, has excellent cash flow, but slightly misses WS expectations. What do you think happened to the stock, boys and girls? Well, wall street decided that it didn't like the CEO and it took the stock down 50% in 6 months. And it never recovered because it became the most hated company in America.
You are too optimistic, too generous. The cash is overseas. Factor in the tax, and you will notice that the cash is gone. Just watch out for $340 tomorrow. No one will like to catch the falling AAPL knife.
Sentiment: Strong Sell
Even at 35% tax, cash would be about 0.65(137B) = 89 B. That is enough to do some good things with. Management is plotting something against shareholders at this point....only explanation for what is happening with the stock price.
Wall Street hates the fact that AAPL is hoarding cash. WS wants part of that cash to line their pockets. WS will punish Apple until the cash is returned to shareholders.
Not necessarily anti-cook, but anti-cash hoard. WS is so greedy.
Their products suck and are overpriced, Others are offering better products for less money. If they try to compete they will divide their already compromised profit margin. A watch, bike, scooter, towel, shoe, crayon, tea pot or herbal remedy will not turn things around. Lipstick on a PIG.