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Why would he take money out of Meta when what he wants is to fund VR R&D?
by sp332 4y ago
Why would he take money out of Meta when what he wants is to fund VR R&D?
- Cupertino95014 4y ago"what he wants" is unfortunately the guiding light, since he has the voting shares, but the money belongs ultimately to the shareholders. Apple pays a dividend: 0.59% yield at current price. Microsoft pays one, 1.17% yield. They both recognized a long time ago that they couldn't promise the shareholders that the company would invest the money better than they could.