According to a press release just issued, we’ll all find out about “the outcome of the Company’s discussions” tomorrow on a conference call with CEO Tim Cook and CFO Peter Oppenheimer at 9AM ET. What does $100 billion or so of iMac, Macbook, iPhone and iPad money buy? Speculation has already included dividends for investors, a spending spree of acquisitions or even a dip into philanthropy.
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On general principal, I hope they choose to do nothing at this time. Less than six months after Jobs’ passing, and they consider spending the loot? They should slow down. The top executives are bloody rich already, what’s the hurry to change course?
Mark my words, Tim Cook will destroy Apple.
Why do you think so? I don’t have a position on this, or Cook. Just curious to know what you’re thinking…
Fly, didn’t you say judging by the recent stock price that Steve Jobs was holding them back?
I don’t know if Tim Cook will destroy Apple, but he will certainly be the fall guy when they make their first major misstep. How could it be any other way? He is the only change that has happened to the company loved by all. Therefore the logic will inevitably be that any mistakes made are his fault.
“didn’t you say judging by the recent stock price that Steve Jobs was holding them back?”
That was sarcasm, dude.
Which is why I said it sarcastically too.
What, people can’t hear the intonations of what I’m typing?
A dividend would be a mature/responsible thing to do with the cash.
God help them if they do anything that gooses growth estimates higher. Let’s make everyone assume the worlds largest company will grow at 60% instead of only 40% year over year.
Perhaps they’ll do something political?
I think they make a purchase. Hulu. Spotify. Nflx. Something in content creation perhaps? Tv shows. Film studio. Publisher. Maybe an app compqny or gaming company?
I think the iTV space is probably right. But they already announced a distribution deal with Netflix, no? If I remember correctly, they insisted that they wouldn’t get into the business of buying media property themselves, but would subcontract out to others.
But if rumors that GOOG is going to try to go head-to-head with the data pipeline companies like T and VZ are true, then I wonder–and this is really the most speculative of speculation–if AAPL would try to make a vertical integration move and buy some pipes for themselves. If you were a small country such as AAPL, wouldn’t you want to own your pipes? Now, I know that no one has ever accused them of monopolistic tendencies, so I’m really reaching here;)
oh, and that’s me up there–being a dumbass as usual. Apologies!
Philanthropy? Oh u gotta be kiddin me.
BTW, if they institute a dividend, isn’t that an implicit admission that the growth story is over or basically peaked?
I don’t see how they don’t give at least some of it back as a special divvy without real whining by investors. We’re talking about $100 billion in cash. They can give back half and they still wouldn’t know what to do with the other half.