Apple CEO Tim Cook says Facebook is a 'friend,' won't commit to dividend

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  • Reply 21 of 36
    Quote:
    Originally Posted by SpamSandwich View Post


    I agree. Although the run-up in the stock market has been spectacular, I'm not convinced it's in a recovery mode. The bottom has still not fallen out. There are a whole new wave of bankruptcies and foreclosures that are definitely coming and this has been recognized for some time.



    I don't think you or anyone has a crystal ball that can assure that this is "definitely coming". Yes, if the Republicans can succeed in spiking the recovery, that might happen. They haven't succeeded yet, and goodness knows they've tried!
  • Reply 22 of 36
    mj webmj web Posts: 918member
    I use FB but Marky Z ain't exactly the kind of dude I like to chill with... I'd call Apple and FB "Facebook Friends".
  • Reply 23 of 36
    Quote:
    Originally Posted by starbird View Post


    Quote:

    Originally Posted by Gustav

    Those that "own" Apple and other companies often are not concerned with the goings on of the company or its long term viability unless they see a short term gain on their investment. Many shareholders often think nothing of making poor decisions if it means a short term profit. Then they can move on to another company and do the same.



    Not sure I could have a healthy respect for that.



    I agree with you, but the best interest of the shareholders is the longevity of Apple, Inc. and it remaining a valuable company.



    That's one of the reasons I'm in favor of not splitting Apple stock. It basically gives the short players more leverage to dink the stock. Paying a large sum for a stock tends to make you a long player (unless you're mega-wealthy).
  • Reply 24 of 36
    apple ][apple ][ Posts: 9,233member
    Quote:
    Originally Posted by Sacto Joe View Post


    Paying a large sum for a stock tends to make you a long player (unless you're mega-wealthy).



    I admit that I'm not very knowledgeable at all about stocks, but it would seem to me that AAPL makes perfect sense for the short term player, because it's more expensive compared to other stocks, there is a lot more movement on it.



    If I were a short term trader, I'd rather be be buying and selling a stock that moves up and down many dollars a day, instead of buying some other cheaper stocks which moves only pennies a day. But like I said, I am clueless when it comes to stocks, so that's just my observation.
  • Reply 25 of 36
    Quote:
    Originally Posted by jragosta View Post


    That's not the way a stock buy-back typically works. Usually, when a cash-rich company buys back its stock, it then takes the stock out of circulation and does not resell it at a later date. Since fewer shares are in circulation, the average value per share goes up proportionally.



    You can buy back shares to hold as treasury stock, to use (as was pointed out before) when employee options are exercised. This mitigates ownership dilution.



    Cash leaves the company for the amount purchased, lowering share price by that amount, counteracting the effect of decrease in number of shares outstanding. There are also signaling effects (usually very positive) associated with buybacks that are independent of the supply/demand effects.
  • Reply 26 of 36
    Quote:
    Originally Posted by Sacto Joe View Post


    It basically gives the short players more leverage to dink the stock.



    Folks in the business of short sales are usually much larger market players, and it doesn't matter very much whether a stock is trading in the 10s of dollars or 100s for them to be able to do what they do.
  • Reply 27 of 36
    blastdoorblastdoor Posts: 3,276member
    Maybe Apple should start a bank. They could provide credit to both their suppliers and their customers. Apple is always looking for an industry to disrupt that everybody hates.... I hate banks.
  • Reply 28 of 36
    Quote:
    Originally Posted by Blastdoor View Post


    Maybe Apple should start a bank. They could provide credit to both their suppliers and their customers. Apple is always looking for an industry to disrupt that everybody hates.... I hate banks.



    I think that's a great idea!
  • Reply 29 of 36
    Quote:
    Originally Posted by Ireland View Post


    There are no friends in business.



    Like most cliches, the veracity of this is questionable.
  • Reply 30 of 36
    Quote:
    Originally Posted by Ireland View Post


    There are no friends in business.



    Not that I would know of any business FB and Apple share, so they can be friends as they don´t have any business





    Quote:
    Originally Posted by LongwoodBob View Post


    With the recent Obama proposal on how dividends would be taxed on the table, it's very unlikely that a dividend would be considered.... a share buy back might work, however.



    Opportunities could abound if we have a second wave down... quite frankly I see it in the cards.







    Buyback at such a high price point in the current global financial state?



    Quote:
    Originally Posted by Gustav View Post


    Those that "own" Apple and other companies often are not concerned with the goings on of the company or its long term viability unless they see a short term gain on their investment. Many shareholders often think nothing of making poor decisions if it means a short term profit. Then they can move on to another company and do the same.



    Not sure I could have a healthy respect for that.



    The average investor sees to doubling his investment within a decade or milking within half a decade at a potentially higher premium. The rest is called speculator, e.g. day trade shitflies - the sound ones go to Vegas with a scheme.



    What´s the different between healthy and unhealthy respect, serious?



    Quote:
    Originally Posted by Sacto Joe View Post


    I'm a shareholder, so I guess that gives me a right to an opinion. In my opinion, dividends are for companies that are trying to keep their stock price up. That's not even close to something Apple needs to worry about.



    However, if one views a "stock buyback" as a "stock buy" (that is, buying stock that can later be sold for a profit), then a stock buyback makes sense. In effect, they would be investing in their own ability to grow the worth of their stock. And that's a whole lot more useful for Apple.



    Of course, selling the stock in the future would tend to depress the price. So maybe just not issuing any more stock for a while can accomplish the same goal. Instead, they'd buy stock off the open market to pay off any employee stock purchases or options. Sounds like the same thing in dutch, but it allows them to "grow" the value of any future stock issues.



    We shareholders "win" because the stock quantity stops diluting. That limits the supply, which increases the demand.



    BTW, I'm not convinced by the argument of many that Apple's "job" is to do what's best for the stockholders, especially in the short term. Their primary job is to (1) grow the customer base, and (2) keep the existing customer base satisfied with their products. We "owners" are just along for the ride, for which we paid our "fare".



    1. Opinions are free, no need to buy stock to voice them

    2. Primary job is to make great products, figured after 30 eh, 15 years of SJ this should be crystal.

    3. A shareholder owns stock, not the company, just a percentage of the ownership of a company
  • Reply 31 of 36
    Quote:
    Originally Posted by Nemacx View Post


    1. Opinions are free, no need to buy stock to voice them

    2. Primary job is to make great products, figured after 30 eh, 15 years of SJ this should be crystal.

    3. A shareholder owns stock, not the company, just a percentage of the ownership of a company



    1. I don't know. Expressing an opinion about how a company should treat stockholders when you don't own any stock would seem to be like complaining about your government when you don't vote. At the very least, it's a waste of everyone's time to read your opinion.



    2. Agreed, wholeheartedly.



    3. Exactly. It's true that collectively stockholders can decide who sits on the board, and the board can decide what to do with the company, but the best you can call that is ownership by proxy. Besides, you can always sell your stock if you don't like the way it's being handled - and you can always cut off your nose to spite your face!
  • Reply 32 of 36
    Quote:
    Originally Posted by Apple ][ View Post


    It's enough that Apple has added Twitter integration into iOS.



    They definitely do not need to be adding any Facebook integration, with their childish "like" buttons and other nonsense. Don't make OS X all ugly, messing it up with Facebook crap.



    And why aren't there any "dislike" buttons? It makes no sense to only have "like" buttons.



    I for one, have zero use for Twitter, but use Facebook all the time, so I would much prefer FB sharing integrated into the OS.



    Someone who enjoys spewing bile around, of course wants a "dislike" button. And, this is EXACTLY why FB doesn't have one. Why make it easy for people to express negativity? If you have nothing nice to say, just move on, or if you really feel the need to comment, actually form sentences.
  • Reply 33 of 36
    Quote:
    Originally Posted by aaarrrgggh View Post


    My, aren't you a bastion of hope and good will!! Specific to AAPL, we are seeing a slow, mild PE recovery.



    Specific to the real-estate market, many things are still over valued, especially in high-income areas. But, from what I have seen, it is mainly in that ~10% range and not the 30-50% we saw from the top.



    I have far, far more hope for Apple than the economy in general, and in particular, the housing market. I'm not a nervous Nellie about this. It's widely expected.
  • Reply 34 of 36
    Quote:
    Originally Posted by Sacto Joe View Post


    I don't think you or anyone has a crystal ball that can assure that this is "definitely coming". Yes, if the Republicans can succeed in spiking the recovery, that might happen. They haven't succeeded yet, and goodness knows they've tried!



    Sorry, the left-right dilemma doesn't work with me. I believe the "circle of corruption" includes Democrats, Republicans and voters who have all worked very hard to ignore the Constitutional limits of government and vote for their own interests first, and to hell with the consequences.
  • Reply 35 of 36
    apple ][apple ][ Posts: 9,233member
    Quote:
    Originally Posted by graxspoo View Post


    I for one, have zero use for Twitter, but use Facebook all the time, so I would much prefer FB sharing integrated into the OS.



    Someone who enjoys spewing bile around, of course wants a "dislike" button. And, this is EXACTLY why FB doesn't have one. Why make it easy for people to express negativity? If you have nothing nice to say, just move on, or if you really feel the need to comment, actually form sentences.



    Not having a dislike button is not natural. That's not how the real world is. Some phony baloney social network where you can only "like" things leads to an idiocracy type of environment.
  • Reply 36 of 36
    No dividend.



    Save the money for R&D and continuing to sell great products.



    If people want dividends, there are plenty of stocks for that. There is no one else for making the kind of products Apple makes.



    Nothing should detract from the core goal.



    If Steve were still alive, he'd say "No" and call it a day.
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