Apple's Money Back: A Desperate Act?
by Nicholas Kitonyi
Apple (AAPL) is rumored to be considering returning some of its massive cash holding to shareholders, with activist investor, David Einhorn being in the front line of investors criticizing the company following his recent lawsuit. Apple is currently holding $137 billion in idle cash, of which, investors and analysts have expressed different opinions regarding various options on how to use it. Tim Cook was quick to dismiss Einhorn's actions terming them as "silly sideshow," as noted by CNBC. Nonetheless, the probability of returning some cash to shareholders still remains high; actually to some, it is just a matter of an official confirmation. read more »
Get Seeking Alpha notifications with our iPhone App | Android App
More on AAPL
Apple's Living Room Strategy Can Conquer Gaming by Joe Small Cap
Can Anyone Breach Apple's Moat? Part 2 by Timing Best Buy
Apple Slim Down, Buy When There's Blood In The Streets by Street Instincts
Other articles that mention AAPL
A Newbie Active Investor Discusses His Portfolio by Oneota Investor
5 Rallying Stocks Making Headlines With Solid Upside by David Alton Clark
Why BlackBerry Is A Better Investment Than Apple by jaberwock
Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AAPL: unsubscribe from all AAPL email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on AAPL
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment