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I'd love to see Apple hack the system. There are a huge number of institutional funds that are not allowed to invest in Apple due to regulation that limits them

I'd love to see Apple hack the system. There are a huge number of institutional funds that are not allowed to invest in Apple due to regulation that limits them to companies which provide a dividend. It would be awesome if they announced a $0.01 dividend, simply so that they were now an investment vehicle for all such funds. edit: I could have been a bit more clear.. I was referring to funds such as pension/mutual funds, not banks.

patrickk 15y ago
Inventing the personal computer is what I'd call hacking "the system". Pandering to institutional investors...well I don't know what I'd call it exactly, but it certainly wouldn't be "thinking different". It would seem like a corruption or mockery of the ideals of the company that effectively invented the personal computer market and was anti-authoritarian in so many ways for so long.
- apaprocki 15y ago
  What about doing this is pandering? Almost all of Apple is owned by institutions and they have been reaping all of the benefit of the company's crazy growth. The total ownership of all pension funds (29 of them) and mutual funds (626 >= 1000 shares) account for < 5% of the float. I'd love to see the wealth spread around to all who want to participate. That could possibly do more for the common person than a dividend ever would. Apple is 72% institutionally owned. Paying a dividend at all is directly pandering to institutional investors!
Danieru 15y ago
Are you suggesting that Apple is undervalued and therefore would be a great longterm vehicle for your parent's pension?
- jballanc 15y ago
  Their P/E is currently lower than Amazon and Google, and just about even with Oracle. Yeah, I think it's undervalued.
- apaprocki 15y ago
  It seems crazy, given their stock price and recent explosion of ever-higher highs, but I don't think Apple is anywhere near the end of their sustained growth potential. Is MSFT a "safe" bet for a pension fund just because they issue a dividend? In the supposed post-PC world, if MSFT doesn't catch up quick, they have a lot to lose. I guess I just don't believe in anything remaining "safe" over decades just because there is a dividend.

patrickk 15y ago

Inventing the personal computer is what I'd call hacking "the system". Pandering to institutional investors...well I don't know what I'd call it exactly, but it certainly wouldn't be "thinking different". It would seem like a corruption or mockery of the ideals of the company that effectively invented the personal computer market and was anti-authoritarian in so many ways for so long.

apaprocki 15y ago
What about doing this is pandering? Almost all of Apple is owned by institutions and they have been reaping all of the benefit of the company's crazy growth. The total ownership of all pension funds (29 of them) and mutual funds (626 >= 1000 shares) account for < 5% of the float. I'd love to see the wealth spread around to all who want to participate. That could possibly do more for the common person than a dividend ever would. Apple is 72% institutionally owned. Paying a dividend at all is directly pandering to institutional investors!

Danieru 15y ago

Are you suggesting that Apple is undervalued and therefore would be a great longterm vehicle for your parent's pension?

jballanc 15y ago
Their P/E is currently lower than Amazon and Google, and just about even with Oracle. Yeah, I think it's undervalued.
apaprocki 15y ago
It seems crazy, given their stock price and recent explosion of ever-higher highs, but I don't think Apple is anywhere near the end of their sustained growth potential. Is MSFT a "safe" bet for a pension fund just because they issue a dividend? In the supposed post-PC world, if MSFT doesn't catch up quick, they have a lot to lose. I guess I just don't believe in anything remaining "safe" over decades just because there is a dividend.