There is no need for a one time dividend. That's the point. The money should be distributed progressively, as the profit is made. What the best value for shareholders is will vary from shareholder to shareholder, but it certainly won't arise through holding excessive amounts of cash. What is Apple doing with the money? Earning 2% on it? That is an awful ROI. Smart investors can make 10x that even in the current economic climate.
I seriously doubt your statement on "Smart investors can make 10x that even in the current economic climate." More like lucky investors if the timing was just right. Frankly making +2% on the cash pile while the market has declined almost 40% in the last year means Apple made a relative +42% compared to the market. Not bad when put in proper perspective.
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There is no need for a one time dividend. That's the point. The money should be distributed progressively, as the profit is made. What the best value for shareholders is will vary from shareholder to shareholder, but it certainly won't arise through holding excessive amounts of cash. What is Apple doing with the money? Earning 2% on it? That is an awful ROI. Smart investors can make 10x that even in the current economic climate.
I seriously doubt your statement on "Smart investors can make 10x that even in the current economic climate." More like lucky investors if the timing was just right. Frankly making +2% on the cash pile while the market has declined almost 40% in the last year means Apple made a relative +42% compared to the market. Not bad when put in proper perspective.