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Apple decides to spend some of its cash Forum's RSS Feed Share

Rupert Pupkin's picture
IB
 
Points)
 on 2/15/12 at 11:31am

With the possibility of a share repurchase or one-time dividend growing more and more likely, combined with the iPad 3 announcement coming on March 7, an almost definite release of the iPhone 5 in the summer, and the possibility of the iTV in the winter, how much higher is AAPL going to go? It seems like $700 in the next 12 months is becoming more and more believable.

http://in.reuters.com/article/2012/02/14/apple-ceo-cash-

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SECfinance's picture

I hope that if Apple does

IB
 
Points)
  on 2/15/12 at 11:59am

I hope that if Apple does issue a dividend, it's clear that it will be a one-time/rare thing. Look at what happened to MSFT once it became a dividend stock - up $9 since 2003.

dabanobo's picture

SECfinance wrote: I hope that

HF
(Gorilla, 500
 
Points)
  on 2/15/12 at 12:14pm
SECfinance:

I hope that if Apple does issue a dividend, it's clear that it will be a one-time/rare thing. Look at what happened to MSFT once it became a dividend stock - up $9 since 2003.

/facepalm

SECfinance's picture

dabanobo wrote: SECfinance

IB
 
Points)
  on 2/15/12 at 2:30pm
dabanobo:
SECfinance:

I hope that if Apple does issue a dividend, it's clear that it will be a one-time/rare thing. Look at what happened to MSFT once it became a dividend stock - up $9 since 2003.

/facepalm

Obviously judging by your info you have more experience than I do in this area - why are you facepalming?

swagon's picture

SECfinance wrote: dabanobo

EN
(Neanderthal, 2,931
 
Points)
  on 2/15/12 at 3:57pm
SECfinance:
dabanobo:
SECfinance:

I hope that if Apple does issue a dividend, it's clear that it will be a one-time/rare thing. Look at what happened to MSFT once it became a dividend stock - up $9 since 2003.

/facepalm

Obviously judging by your info you have more experience than I do in this area - why are you facepalming?

nah he just a Saban hater

dabanobo's picture

SECfinance wrote: dabanobo

HF
(Gorilla, 500
 
Points)
  on 2/15/12 at 5:41pm
SECfinance:
dabanobo:
SECfinance:

I hope that if Apple does issue a dividend, it's clear that it will be a one-time/rare thing. Look at what happened to MSFT once it became a dividend stock - up $9 since 2003.

/facepalm

Obviously judging by your info you have more experience than I do in this area - why are you facepalming?

  1. You're extrapolating from one data point.
  2. For dividend stocks, total return is more important than price appreciation, especially when there are large one-off dividends.
  3. "2003" is not a reasonably-precise point in time to get a stock quote.
  4. There is no "regime change" in the time series of MSFT stock price that reasonably coincides with the introduction of its dividend.
SECfinance's picture

Fair enough. Was just using

IB
 
Points)
  on 2/15/12 at 6:12pm

Fair enough. Was just using MSFT because they are compared to AAPL a lot and 2003 was the first dividend, which is why I chose it. I can see your point about total return - with dividends included, MSFT has done well.