Then why buy Apple shares if you don't want Apple to invest your money? Buy shares in a profitable company and then demanding that it channel all it's profits

Then why buy Apple shares if you don't want Apple to invest your money? Buy shares in a profitable company and then demanding that it channel all it's profits back to you isn't an investment - it's an attempt to grab a fruit (sic) of somebody else's earlier investment. I do agree that sometimes, if the company hasn't got any good ideas for investment, then the right thing is to give the money back. However, overall I think shareholder/financial short-term-ism is largely destructive - limiting companies ability to invest. But then those short term often shareholders don't have to pick up the cost of destruction - especially if they avoid paying tax ( the state/tax payer picks up the restructuring cost with unemployment benefit etc ).