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> out-of-touch "activist" investors clamoring for short term growth and dividends The company has 230 billion in the bank, they can surely remunerate their inv

by ProAm 11y ago

> out-of-touch "activist" investors clamoring for short term growth and dividends The company has 230 billion in the bank, they can surely remunerate their investors. OR invest in their own company more, quality is down over the past 5 years, they can invest in more engineers. The hardware lives extremely lengthy update cycles (on average 3 years? MacBook?) There is a lot they can do with their capital that will provide them with long term growth. Products like the Apple Watch wont do it.

sib 11y ago
"Apple's board of directors authorized the buyback on "strong" results, setting a repurchase authorization at $175 billion, up from $140 billion announced last year. Combined with past returns, the company plans to dish out a total of $250 billion to shareholders by the end of March 2018." It sounds like they are remunerating their shareholders.
- jsmeaton 11y ago
  I would imagine investors would prefer dividends to having their shares bought back, no?
  - wklauss 11y ago
    They also give those.
  - prewett 11y ago
    Dividends are taxed, stock buybacks are not, so if the company repurchases shares at reasonable prices (often not the case, imho) repurchases are more advantageous. (Stock buybacks are not forced, the company purchased them from people wanting to sell)
pg_is_a_butt 11y ago
so... the current engineers are producing at lower and lower quality, so your solution is to "invest in more engineers"... and who will train them? what will they do? more of what the old engineers did to tank quality? they should invest in far less engineers. they only need 1. he's dead. #SELL
mason55 11y ago
> OR invest in their own company more, quality is down over the past 5 years, they can invest in more engineers. And if you want a baby faster then get nine women so you can have a baby in a month
mcphage 11y ago
> OR invest in their own company more, quality is down over the past 5 years Sure, and that would be a great use of their money, but that's not the kind of "reinvestment" Icahn is clamoring for.

by ProAm 11y ago

sib 11y ago

"Apple's board of directors authorized the buyback on "strong" results, setting a repurchase authorization at $175 billion, up from $140 billion announced last year. Combined with past returns, the company plans to dish out a total of $250 billion to shareholders by the end of March 2018." It sounds like they are remunerating their shareholders.

jsmeaton 11y ago
I would imagine investors would prefer dividends to having their shares bought back, no?
- wklauss 11y ago
  They also give those.
- prewett 11y ago
  Dividends are taxed, stock buybacks are not, so if the company repurchases shares at reasonable prices (often not the case, imho) repurchases are more advantageous. (Stock buybacks are not forced, the company purchased them from people wanting to sell)

pg_is_a_butt 11y ago

so... the current engineers are producing at lower and lower quality, so your solution is to "invest in more engineers"... and who will train them? what will they do? more of what the old engineers did to tank quality? they should invest in far less engineers. they only need 1. he's dead. #SELL

mason55 11y ago

> OR invest in their own company more, quality is down over the past 5 years, they can invest in more engineers. And if you want a baby faster then get nine women so you can have a baby in a month

mcphage 11y ago

> OR invest in their own company more, quality is down over the past 5 years Sure, and that would be a great use of their money, but that's not the kind of "reinvestment" Icahn is clamoring for.