Quote:
Originally Posted by
Dick Applebaum 
That's an odd time... 30 min before market open...
I am hoping for a 50:1 split...
But I could see anything from a dividend, charitable trust, repatriating of overseas $ (pay taxes), acquisition or investment in manufacturing (in US)
I'd rather see almost anything but a dividend, as it would need to be regular to satisfy the large funds -- and that would concentrate the holdings even more.
It would be interesting if they could negotiate lower repatriating taxes in exchange for US manufacturing jobs.
Well, I don't want to see a buyback, as that never does anything, and I don't want to see some massive purchase.
Cook already has said that they investigated a split, and that they didn't see an advantage to it. I would agree with that. Maybe when it gets to $1,000.
I don't want to see them in manufacturing, though investing in others plants is what they do. They paid for half of Samsung's plant in Texas where their SoC's are made.
But none of that would be enough to hold a conference. It has to be something substantial. By that, I don't mean they they have to do some major change to their usage. I mean that they have to make a substantial statement as to what they are going to do, no matter what it is—even if it is to announce that they are doing nothing after all. I don't think that would be it though.
Possibly a one time payout, or a dividend, or some combo of the two.
I don't see how they could get manufacturing jobs. American workers, almost as much as European workers, simply won't work under the conditions required to make themselves competitive. How many workers would be willing to leave their families and live in barracks? How many would cut their wages by half? We don't have what is needed. China has tens of thousands, possibly more, of these semi-engineers who have an education that's between a high school degree and a college degree. They are line engineers. They walk the lines that the hundreds of thousands of workers are on, and take care of problems as they come up. We don't have people like that here.
Apple can build billion dollar server farms that have a few dozen people in the plant at any time. It's easy to afford those highly skilled and trained personnel. But not hundreds of thousands of line workers.