What's In Store For Apple Investors In FY13 [View article]
You make a good point.
Currently of the $121 billion in cash and investments, $82 billion is held overseas. That still leaves $38 billion available for share repurchases in addition to the cash flow which is produced each quarter.
What's In Store For Apple Investors In FY13 [View article]
rich,
First let me thank you for being the first to post a comment regarding my article and not your own thoughts on why Apple is great/sucks. You make a very good point about what 2014 and beyond may hold. I think the company can keep the earnings growing by large scale share repurchases. I know some may argue that this is not "organic" growth, but what else are you to do with such a large cash pile? The cash is becoming a drag on performance and given the extremely low valuation, it appears to be a rather favorable entry point.
In the event the company needed cash to invest in other projects, the debt market would likely treat them very kindly given the pristine balance sheet and tremendous operating cash flow.
What's In Store For Apple Investors In FY13 [View article]
Currently of the $121 billion in cash and investments, $82 billion is held overseas. That still leaves $38 billion available for share repurchases in addition to the cash flow which is produced each quarter.
What's In Store For Apple Investors In FY13 [View article]
First let me thank you for being the first to post a comment regarding my article and not your own thoughts on why Apple is great/sucks. You make a very good point about what 2014 and beyond may hold. I think the company can keep the earnings growing by large scale share repurchases. I know some may argue that this is not "organic" growth, but what else are you to do with such a large cash pile? The cash is becoming a drag on performance and given the extremely low valuation, it appears to be a rather favorable entry point.
In the event the company needed cash to invest in other projects, the debt market would likely treat them very kindly given the pristine balance sheet and tremendous operating cash flow.
Thanks for your comments,
David