Apple To Announce Plans For Its $100 Billion Cash Reserves Today

[webfact]

Apple to announce plans for its $100 billion cash reserves today

Apple has money, a lot of money, a LOT of money. In fact they are getting up close to $100 billion as of it's last earnings report. Apple issued a press release last night to announce that they will have a conference call with CEO Tim Cooks and CFO Peter Oppenheimer. Speculations are flying all over [more...]

Full story: http://www.nettechbl...reserves-today/

-- nettechblog.com 2012-03-19

[lomatopo]

Drool, waiting for my dividend, expecting ~ $15/share. Started with 250 shares ( 9 5/8 in 1998 ), after two 2:1 splits now have 1,000. Hopefully no problems with the new iPad and no mass suicides at FoxConn so those 12 month targets of ~ $720 - $960 share are achievable?

[tomat]

Drool, waiting for my dividend, expecting ~ $15/share. Started with 250 shares ( 9 5/8 in 1998 ), after two 2:1 splits now have 1,000. Hopefully no problems with the new iPad and no mass suicides at FoxConn so those 12 month targets of ~ $720 - $960 share are achievable?

Looks like you were right about the dividend, but not $15/share though

http://techcrunch.com/2012/03/19/apple-will-issue-dividends-kick-off-share-repurchase-program/

[lomatopo]

Drool, waiting for my dividend, expecting ~ $15/share. Started with 250 shares ( 9 5/8 in 1998 ), after two 2:1 splits now have 1,000. Hopefully no problems with the new iPad and no mass suicides at FoxConn so those 12 month targets of ~ $720 - $960 share are achievable?

Looks like you were right about the dividend, but not $15/share though

http://techcrunch.co...rchase-program/

My $15 figure was annualized; I should have said $3 so $2.65 is not far off. The dividend, re-purchase program and slate of new products all paint a very bright picture re: the share price.

[lomatopo]

Drool, waiting for my dividend, expecting ~ $15/share. Started with 250 shares ( 9 5/8 in 1998 ), after two 2:1 splits now have 1,000. Hopefully no problems with the new iPad and no mass suicides at FoxConn so those 12 month targets of ~ $720 - $960 share are achievable?

Looks like you were right about the dividend, but not $15/share though

http://techcrunch.co...rchase-program/

My $15 figure was annualized; I should have said $3 $3.75 so $2.65 is not far off. The dividend, re-purchase program and slate of new products all paint a very bright picture re: the share price.