08-20-2013, 10:25 AM
Grieve Wrote:Vanraw Wrote:I doubt they will though. Tim Cook seems to want to sit on 100 billion. Its like Penis envy.Making a huge acquisition just because you have the money to do so is pretty much the worst idea ever..
Honestly, They should go out and buy something.
My point is, Do something with the money or return it to the owners. Apple doesn't have a the right to sit on over a hundred billion in cash. This is what you will hear from Icahn in then next couple months. He will be come very vocal when Apple decides to sit on its cash hoard, and not return it to the its investors.
Grieve Wrote:Anyway, they are already returning $100m to shareholders in dividends and buybacks. And if Icahn has his way, it will be a lot more...
Really 100m?? Your praising this action? Yes its a lot to you and me, but they need to be talking about Billions. 100m from a hundred billion is a joke.
Grieve Wrote:Vanraw Wrote:In my "play accounts" right now I only own 2 things. TZA and Apple.Which is pretty ironic considering you rival Jake and Slamz in your relentless Apple bashing...
When it comes to investing, its not about moral compass. Its about making money. I would have sold at 500, but think Icahan and Einhorn are going to play a game here that will drive this stock up. This is the only reason I still have it.
By the way my wife just upgraded phones and dumped has iPhone for the Samsung 4s, and could not be happier. Her biggest beef is that is that the iTune music didn't move over like the amazon mp3's did seamlessly. Good thing she only has a few iTunes songs..... This is the future of Apple unless they do something. They well turn into a commodity company for iphone/pad. It is their only significant revenue, and it is under attack from everywhere.
I wish they were a organic home grown do no evil company. I mean really, they are an American manufacturing corporation. To bad they don't make anything in America.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
