If we shareholders are the real "owners" of Apple, I'm sure many of us want free Macs and iPods and iPhones. We should make that happen! Why should we pay for items we technically own as shareholders?
I suppose when your boss is talking to you, you think he is "whiny" too.
It continues to be hilarious that you think shareholders know what to do with Apple’s money better than Apple.
You're kidding, right?
You really ought to watch it. What’s this, seven times now I’ve told you? Watch the keynote. If you’re actually right, you shouldn’t have any problem disproving whatever’s in it. You love lording yourself over others. Why not lord yourself over my last argument here? You can’t be afraid… can you? But what other reason is there for you to, you know, not answer any of my questions?
So, you agree that I am right on that point.
No, you’re not right that they should be forced to spend money they don’t want to spend. You’re wrong about that.
Really, what are the other option as you see it?
Hmm. Let’s see. In what universe is “they must spend the money in some fashion there are no other options whatsoever” EVER valid?
It not an "assumption" to say that Apple has seemed obtuse with their capital allocation strategy.
Yeah, it is. Prove otherwise (you can’t). Either it’s true or it’s false and you just don’t comprehend what they’re doing with it.
When a company has a ridiculously large about of money sitting in the bank earning next to nothing for shareholders, what that says to the market is that "we don't know what to do with this money. "
Yes, that’s the only possible option¡
There you go again! Your way is the only way! You cannot even fathom anything other than the single option you’ve presented.
…the people who the money belongs to.”
Talk about arrogance.
Many of Apple's key people are attracted to Apple with stock options.
Wow. So maybe they care more about it than you do, huh? So maybe they have a vested interest to see the stock do well, huh? And yet they still don’t want to see Icahn’s moronic thing happen.
And you’re still voting against the people who know the stock better than you ever will.
Sounds like stupidity to me.
It's no secret that Apple has faced a brain drain of late with many talented people leaving and going to other techs.
It’s a secret to people with a clue. Any more FUD you have locked away?
Don't think for a minute that there isn't a direct correlation with Apples stock price over the past 5 quarters.
The false premise of “many talented people at Apple leaving” has a direct correlation to underperforming stock? That’s possible, assuming both parts are true (they’re not), but you’ve provided no evidence thereof. Link to an interview with one of these people stating “I left because the stock is underperforming”?
Apple just had it's best quarter in its history.
Do you imagine that this happened because the shareholders got together and told Apple what to buy and what to make?
?Yes, because unlike you, I understand what makes stock prices go up.
Profit made off of products worth buying!
Oh, wait, no that can’t possibly be the reason that Apple had its best quarter in history.
The parabolic growth phase for Apple is over.
Citation needed.
It is very hard to move the growth needle for them even with stellar execution.
And yet they keep doing it. Strange, huh.
The company has matured and it needs to do the things that a company Apple's size must to to release shareholder value.
Yep. “Needs to”. Enjoy those assumptions.
And you are still living in 1997, LOL. 10 years before the first iphone came out.
Speaking of 1997, there’s an interesting keynote that I think you should watch.
Again, it's only you.
Yep, ‘you’ plural, because in English it’s the same word. I suppose you’ve (ooh it’s singular now) already forgotten the other posters telling you (still singular) to get a clue.
I’ll refresh your memory.
Originally Posted by Lord Amhran
And people who actually care about the company and it's long-term future should ignore people like you and Ichan and vote no on his proposal.
Originally Posted by tundraboy
Either way, he is not in it for the long hall, he is not in it out of concern for other stockholders, he is in it only to further enrich himself. Sometimes he wins, sometimes he loses, but all times he walks away.
Originally Posted by jungmark
Crazy Carl is doing this to line his own pockets. He doesn't care about Apple, he cares about $$$. How is the Board greedy? By keeping the money for Apple? Once Apple reaches his target price, he's gone.
Originally Posted by ealvarez
The problem is that you don't understand that people like most of us here love Apple for its products, not its "finance". I hope very much that Ichan's proposition will be defeated.
Originally Posted by SpamSandwich
I'll be voting against the interests of Carl and his lot.
Originally Posted by anantksundaram
This explains the problem with your thinking. How in heck did you come to the conclusion that Icahn has a ‘good capital allocation strategy’? How is saddling Apple with $150B in debt and/or bringing its overseas cash back at a 35% tax rate and/or the economics of buying back at the current price ($550 - $575, as opposed to the $425 - $450 price when Apple initiated its buyback program) a good capital allocation strategy?
Moreover, if it was so simple to do and will have the valuation impact you suggest, why stop at that number? Why not buy back $200B? Heck, wouldn’t $300B or $400B be even better? In fact, why not take it to the logical extreme, load the company up with massive amounts of debt and do an LBO, taking it private? And, why don’t all companies do this?
The trouble with people like Icahn and Einhorn is, they just throw some wild numbers out there, and expect that people will swallow it. Apparently, some do. It is pure financial alchemy.
Unless, of course, you can show us your analysis? (If you want to learn from a really solid analysis on why Einhorn’s proposal was laughable – and was rightly thrown out by Apple’s shareholders – see here: http://bit.ly/1bIKaw7).
Originally Posted by jungmark
Hogwash. You're right, his tiny position in stick shouldn't impact Apple's share price--good or bad.
This Same board also oversaw the Increase in share price from 32 to 540 in 8 years. I say that's worth it.
Originally Posted by SpamSandwich
And the question to you is, what do you care about Apple's pockets? You just want to milk the cow until it dies, then kick the corpse.
Originally Posted by jungmark
You sure are clueless.
Originally Posted by jungmark
And I can say you have no idea what you're talking about. And my opinion is on par with yours.
Comments
I suppose when your boss is talking to you, you think he is "whiny" too.
It continues to be hilarious that you think shareholders know what to do with Apple’s money better than Apple.
You're kidding, right?
You really ought to watch it. What’s this, seven times now I’ve told you? Watch the keynote. If you’re actually right, you shouldn’t have any problem disproving whatever’s in it. You love lording yourself over others. Why not lord yourself over my last argument here? You can’t be afraid… can you? But what other reason is there for you to, you know, not answer any of my questions?
No, you’re not right that they should be forced to spend money they don’t want to spend. You’re wrong about that.
Hmm. Let’s see. In what universe is “they must spend the money in some fashion there are no other options whatsoever” EVER valid?
Yeah, it is. Prove otherwise (you can’t). Either it’s true or it’s false and you just don’t comprehend what they’re doing with it.
Yes, that’s the only possible option¡
There you go again! Your way is the only way! You cannot even fathom anything other than the single option you’ve presented.
Talk about arrogance.
Wow. So maybe they care more about it than you do, huh? So maybe they have a vested interest to see the stock do well, huh? And yet they still don’t want to see Icahn’s moronic thing happen.
And you’re still voting against the people who know the stock better than you ever will.
Sounds like stupidity to me.
It’s a secret to people with a clue. Any more FUD you have locked away?
The false premise of “many talented people at Apple leaving” has a direct correlation to underperforming stock? That’s possible, assuming both parts are true (they’re not), but you’ve provided no evidence thereof. Link to an interview with one of these people stating “I left because the stock is underperforming”?
Do you imagine that this happened because the shareholders got together and told Apple what to buy and what to make?
?Yes, because unlike you, I understand what makes stock prices go up.
Profit made off of products worth buying!
Oh, wait, no that can’t possibly be the reason that Apple had its best quarter in history.
The parabolic growth phase for Apple is over.
Citation needed.
And yet they keep doing it. Strange, huh.
Yep. “Needs to”. Enjoy those assumptions.
Speaking of 1997, there’s an interesting keynote that I think you should watch.
Yep, ‘you’ plural, because in English it’s the same word. I suppose you’ve (ooh it’s singular now) already forgotten the other posters telling you (still singular) to get a clue.
I’ll refresh your memory.
Either way, he is not in it for the long hall, he is not in it out of concern for other stockholders, he is in it only to further enrich himself. Sometimes he wins, sometimes he loses, but all times he walks away.
Moreover, if it was so simple to do and will have the valuation impact you suggest, why stop at that number? Why not buy back $200B? Heck, wouldn’t $300B or $400B be even better? In fact, why not take it to the logical extreme, load the company up with massive amounts of debt and do an LBO, taking it private? And, why don’t all companies do this?
The trouble with people like Icahn and Einhorn is, they just throw some wild numbers out there, and expect that people will swallow it. Apparently, some do. It is pure financial alchemy.
Unless, of course, you can show us your analysis? (If you want to learn from a really solid analysis on why Einhorn’s proposal was laughable – and was rightly thrown out by Apple’s shareholders – see here: http://bit.ly/1bIKaw7).
This Same board also oversaw the Increase in share price from 32 to 540 in 8 years. I say that's worth it.
And the question to you is, what do you care about Apple's pockets? You just want to milk the cow until it dies, then kick the corpse.