Apple reveals plans for its $98 billion mountain of cash

By Jos ¬∑ 11 replies
Mar 19, 2012
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  1. After several years of notoriously skipping on any dividend payments to reward shareholders, Apple's new CEO Tim Cook has said the company will kick off a dividend and share repurchase…

    Read the whole story
  2. m4a4

    m4a4 TS Evangelist Posts: 955   +515

    Doesn't MS own a lot of the stock? If so, then this is kinda laughable :p
  3. Chazz

    Chazz TS Evangelist Posts: 679   +75

  4. Making innovative class leading products with support that (while not flawless) is the best in the industry and rewarding investors and employees at a class leading level now as well.

    Good on you Apple.
  5. Zilpha

    Zilpha TS Enthusiast Posts: 319

    holy macaroni.
  6. TJGeezer

    TJGeezer TS Enthusiast Posts: 385   +10

    IANAL, but if MS had kept a significant amount of Apple stock, I'd expect to have seen antitrust action against both of them by now. It'd be an inherent conflict of interest, wouldn't it?
  7. Still not even 1/3 what Samsung has. Gives you an idea of how massive Sammy is!
  8. Chazz

    Chazz TS Evangelist Posts: 679   +75

    They didn't even own 10% of Apple, it was a very small amount. They had little say in Apple's business ventures. Yet still Apples stock prices were near worthless back then compared to what it is now. That 150 million would've ballooned.
  9. bexwhitt

    bexwhitt TS Guru Posts: 355   +73

    Apple show they don't give a **** about anyone, what about doing some good in the world.
  10. More like "Selling hardware at a massive markup and screwing software developers and getting away with it because its shiny"

    Good on you common public for getting sucked in by advertising.
  11. SNGX1275

    SNGX1275 TS Forces Special Posts: 10,742   +421

    1/10 for your trolling efforts.
  12. They should feed some kids in Africa!!!

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