Apple going on shopping spree tomorrow

[Leon]

Free coffins for their Asian workers.

 

[IronWing]

I better get my car up on craigslist. A buyer with 100 billion burning a hole in the pocket is not to be missed.

 

[dwell]

Perhaps attempt a takeover of Google so they can kill it off like Jobs wanted too?

Google is doing a good enough job on its own. Google+, really?

 

[Capt Caveman]

What was expected:

Apple to pay dividend, start stock buybacks

Apple is putting its cash hoard to work, introducing a quarterly dividend of $2.65 per share and starting a $10 billion share buyback.

 

[busydude]

I am a noob here.. What does share buyback achieve?

 

[abaez]

Nothing really, except giving investors back some profit.

 

[Kwatt]

I am a noob here.. What does share buyback achieve?

X # of shares in the market. If the company buys shares some back and retires them that means # of shares in the market reduced. Therefore the value of the shares left in the market are worth more.

That being said a lot of times companies buy back shares when the shares are expensive.
I don't know if this is the case for Apple at this time though. Only time will tell...

That being said I prefer dividends as long as the dividend payout does not imped a companies ability to grow and prosper.



.

 

[Slew Foot]

Anyone k ow when the exdate is for the dividend

 

[Matthiasa]

Well I suppose it could be worse.

 

[mnewsham]

Anyone k ow when the exdate is for the dividend

Q4 of the FY. I think july.