4 ms·
Now that Steve is gone they no longer know what to do with their money. The current management rather then reinvesting the money in the company will simply squa
by eqreqeq 14y ago
Now that Steve is gone they no longer know what to do with their money. The current management rather then reinvesting the money in the company will simply squander it away by giving it back to stock holders. I'm sure that in a couple of years, when Apple actually starts needing this money, everybody will realize how stupid it was to give away their war chest.
Really, that the current CEO could not think of anything better than to give money back to the stock holders tells me that Apple is now doomed. The guy has no imagination. This move is so typical for a numbers guy. Steve would never have done that. At least not to this extent.
Right now Apple is simply running on inertia but once the momentum is over I expect the entire company will collapse.
- nkohari 14y agoYou made about twenty leaps of logic there. And you're also ridiculously wrong. Even if Tim Cook is an awful CEO (which, come on, at least give him a chance to prove it)... well, Ballmer has had 12 years to run Microsoft into the ground and they're still ticking.
- mcguire 14y ago"Really, that the current CEO could not think of anything better than to give money back to the stock holders tells me that Apple is now doomed." And this, ladies and gentlemen, is why the stock market is a zero-sum game.
- hazov 14y agoIf management did not came with this the investors could "force" Apple to do as they please in an assembly as is their right, they can also vote to oust the CEO, Steve Jobs or any John Doe, if they wish, they are owners of the company after all and they're there for the money not generally for any love for the company.