Opinions?
WIA
WIA
Quote: (02-27-2013 03:07 PM)BIGINJAPAN Wrote:
Only reason he wants cash out of them is it will spike the stock temporarily so he can get out of it. He has a massive position in the company and I am pretty sure he is sitting on some huge losses.
My opinion is they need to keep the cash and use it for R&D. Apple is no longer the king of smartphones, which is where they make most of their money. They need to keep innovating or they will become the next MFST or CSCO or even worse Blackberry.
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if it happened to you it’s your fault, I got no sympathy and I don’t believe your version of events.
Quote: (02-27-2013 06:01 PM)storm Wrote:
Can anyone post a quick summary?
Quote: (02-28-2013 07:15 AM)j r Wrote:
A lot of these tech companies are in a bit of a bind. A lot of their appeal is that why they are still growing and still coming up with new products and technology. They're hoarding cash, because the minute they start paying out dividends they're admiring that they have nothing new to in which to invest that money.
Then the question becomes: Is Apple a tech company or a gadget maker? Is Google a tech company or a search engine? Is Facebook a tech company or does it sell ads? These can all be very profitable lines of business, but the investment profile of a company changes once it leaves that growth phase. Apple isn't fooling anybody by hoarding cash. Actually, that's not true. Thanks to a tech and financial press that swings from Apple's nuts worse than Dick Vitale swings from Duke's nuts, Apple has been fooling plenty of folks. This model of convincing people to buy a new product with minimal upgrades every 18 months simply can't last forever. I know lots of people who simply will only upgrade once their old phone has stopped working. I'm like that. And even when I do upgrade, I'm not getting the latest model.
The more I think about it, Apple is like a dude with really good game. You can roll into a new city and have ten girls in your orbit in a short time. You're swimming in it, but it won't last. Some of those girls are going to start to want more and realize that you won't change. You have to keep aquiring new prospects. For a player that's not that hard, because you're one person in a place with hundreds of thousands of women. Apple on the other hand has a limit to how many new customers they can attract. And they have a limit to how many of their present customers will keep loyal? I have one friend who used to be all about getting the latest Apple product and the last time I saw him he had the Windows phone. He said he's tired of Apple not returning his calls and only ever giving him Skittles.