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Apple to pay $2.65 a share or $2.5 billion in dividend payouts on Thursday

0. phoneArena posted on 14 Feb 2013, 00:45

Apple will be paying out $2.5 billion to its stockholders of record on February 11th as the company will reduce its cash pile by paying a $2.65 a share dividend; between the quarterly dividends and stock buybacks, Apple plans on reducing its cash hoard by $45 billion over the next three years although the company is still making more money than it is spending...

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1. wendygarett posted on 14 Feb 2013, 00:53 5

The cash from 9billion to 13billion has indicate that Apple lack of r&d spending... No wonder the stock price tumble even if you pay extra dividend :)

2. wendygarett posted on 14 Feb 2013, 00:56 5

I study at the business section and I must say, stock buyback is the worst decision in order to increase price... A lot of history prove that... Rather pay as dividend instead of buyback, trust me :p

3. rusticguy posted on 14 Feb 2013, 01:03 4

R&D? Really? Buyback if they aren't doing at current levels it means it will slide further when algebra maths and geometry fails ... all too desperate to reverse the trend of share prices being hosed :)

4. anywherehome posted on 14 Feb 2013, 01:12

Apple is just kidding :)
Apple should give more from his stolen loot from eBooks price fixing and IT price fixing in Australia...

5. jsdechavez posted on 14 Feb 2013, 01:12 5

I wonder where those R&D spending went.. The 5th row of icons? Or the forthcoming 6th row and 5th column?

6. rusticguy posted on 14 Feb 2013, 06:23 1

Patents based on sketches and drawings. That's big R&D expense and that's why they weren't left with any money for even prototype.

7. VZWuser76 posted on 14 Feb 2013, 08:54

So what's the deal PA? No mention of the shareholder(s) suing over this deal, and Tim Cook calling it silly? I've read it tons of places but no mention of it here.
Basically there is some vote going down today and this is a part of it, which the suit wants to separate out. Everyone says that Apple is only accountable to their investors, but in this case it sounds like they're trying to force their hand.

http://www.forbes.com/sites/connieguglielmo/2013/02/12/tim-cook-disses-einhorns-silly-lawsuit-says-apple-doesnt-have-depression-era-mentality/

http://www.cnbc.com/id/100439336

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