Other World Computing
Feature Graphic
The Apple Watch
Feature Graphic
Switching to iPhone 6 Plus, Apple Watch Role Playing, Over-Under + More
Feature Graphic
iPhone 6/6+, Hot Thighs and Tights Pants, What's Wrong with iPhone Lines
Feature Graphic
How to get photos on to iOS 8 iCloud Photo Library
Feature Graphic
iPhone pre-orders, iOS 8, Tim Cook Interview + More
IGM Logo

| Home | Contact | Advertising | Search | Submit


Apple plans to spend $45 billion of its domestic cash holdings



By

Subject to declaration by the Board of Directors, the Company plans to initiate a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1, 2012.

Additionally, the Company’s Board of Directors has authorized a $10 billion share repurchase program commencing in the Company’s fiscal 2013, which begins on September 30, 2012. The repurchase program is expected to be executed over three years, with the primary objective of neutralizing the impact of dilution from future employee equity grants and employee stock purchase programs.


Apple’s cash holdings have been a topic of increasing discussion since it started socking it away in the late 90’s. When Steve Jobs came back to Apple, the cash position was so dire that it essentially staved off bankruptcy for weeks. Juxtaposition to today where cash holdings nearly amount to $100 billion. It’s quite a turn around. With the change in leadership at Apple, there appears to be a different approach to this “cash problem.”

While a lot of cash is locked up overseas to defer hefty tax penalties, Apple appears willing to cash out a significant portion of its domestic stockpiles. It’s a strong statement about Apple’s confidence in its future. This should bode well for both investors and employees, as they will benefit from what surely will boost stock prices, plus the dividend checks.


Trans Intl

Spacer

Connect with Insanely Great Mac


spacer

Recent Articles

- Speed tests on MacBook Pro SSD speeds
- Apple Watch OS 1.0.1 Released
- Apple TV set reported abandoned
- MacBook Pro gains Force Touch, iMac 5K gets new pricing
- Video: How to sign/encrypt email using OS X Mail and a secure certificate authority CA
- LifeProof ships water-proof battery backup case
- Apple Watch lacks anti-theft security
- iGrill thermometer comes to the Apple Watch
- Apple Pay chipping away at Walmart backed CurrentC
- Safari on the Apple Watch
- Vulnerability found with MacKeeper
- Mac App Store sales
- Reserve Strap and the secret Apple Watch plug
- Apple Watch Review Diary: UX, odds and ends
- Apple Watch Review Diary - Battery: First Full Week
- Podcast: Thoughts on the Apple Watch
- Apple Watch Review Diary - Notifications
- Apple's supply chain and the defective taptic engine part
- Apple Watch Review Diary - Fitness Features/Tracker
- Apple Watch Review Diary - Productivity Apps: OmniFocus, Trello, Evernote IFTTT
- Tattoos and Apple Watches may not mix
- Apple Watch Review Diary - Making/Receiving Phone Calls
- Apple Watch Review Diary - Siri
- Apple Watch Review Diary - Maps/Navigation
- Apple Watch Review Diary - The Controls


Browse and search for more articles

Insanely Great Mac Logo

IGM Specials

Mercury Extreme SSD
60GB - $48.79
120GB - $73.79
240GB - $128

480GB - $228

960GB - $649

iMac RAM (Retina)
8GB Kit - $78
16GB Kit - $160
32GB Kit - $320

External Storage
500 GB - $129
1 TB RAID - $239
Mobile RAID - $199

Power2U AC/USB Wall Outlet - $20

MacBook Drive Caddy - $39

MacBook Pro Memory
8GB - $96
16GB - $179

Radeon HD 7950 GPU
$448

iSchmutz Air Filter
$24.99


Trans Intl

Other World Computing





Home

About

Advertising

Search

Copyright 1995-2015 Insanely Great Mac. All rights reserved.
Privacy Statment | Terms of Service | Editorial Policy