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Oops, I didn't mean to put you personally on the defensive there, I was honestly asking your thoughts. By the way, I managed to find a really good piece on Blo
by tboyd47 8y ago
Oops, I didn't mean to put you personally on the defensive there, I was honestly asking your thoughts.
By the way, I managed to find a really good piece on Bloomberg that lays out both sides in a pretty objective way: https://www.bloomberg.com/view/articles/2018-05-08/apple-s-stock-buyback-isn-t-as-simple-as-warren-buffett-says https://www.bloomberg.com/view/articles/2018-05-08/apple-s-s...
I'm no expert, but I feel like sitting on cash isn't as terrible a thing as people pretend. Cash encourages risk taking and innovation. The more cash you have, the bigger risks you can take. Nintendo keeps a lot of cash around and they're one of the most consistently innovative game companies. Sometimes their products flop (Wii U), but sometimes they're wild successes (Switch).