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Apple (AAPL) shares pass $500 for the first time in its history, rising 1.5% to $500.55. The...

Apple (AAPL) shares pass $500 for the first time in its history, rising 1.5% to $500.55. The company's now worth $466.28B, well above Exxon's $398.03B.
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Comments (9)
  • runlong
    , contributor
    Comments (93) | Send Message
     
    time for a 5/1 split so i can get in.....and everyone else.....thank you
    13 Feb 2012, 10:06 AM Reply Like
  • Stephen J Melnykevich
    , contributor
    Comments (1247) | Send Message
     
    I think that if we were to base on previous splits ('87, '00, '95) it would be 2:1 however, in those splits the average share was around $50 which would be 10:1. We'll just have to wait and see.
    13 Feb 2012, 10:09 AM Reply Like
  • sawchain
    , contributor
    Comments (130) | Send Message
     
    This puts the 90's into perspective. Microsoft ended up losing after all.
    13 Feb 2012, 12:23 PM Reply Like
  • Stephen J Melnykevich
    , contributor
    Comments (1247) | Send Message
     
    Would you please elaborate on your comment? Not sure what you mean.
    13 Feb 2012, 12:31 PM Reply Like
  • sawchain
    , contributor
    Comments (130) | Send Message
     
    Figure it out.
    14 Feb 2012, 12:31 PM Reply Like
  • Stephen J Melnykevich
    , contributor
    Comments (1247) | Send Message
     
    If you're implying that Microsoft failed as it got too large, or you are implying that it failed due to issuing dividends you are wrong on both accounts. Since you are unwilling to have an educated and meaningful conversation I just wish you a good day.
    14 Feb 2012, 12:36 PM Reply Like
  • invictus56
    , contributor
    Comments (4) | Send Message
     
    Murphy's law says and I quote:
    IF IT AINT BROKEN LEAVE IT ALONE, DON'T TRY TO FIX IT.
    13 Feb 2012, 12:46 PM Reply Like
  • rrose39
    , contributor
    Comments (764) | Send Message
     
    Some would say that carrying $100B+ in cash on the books indicates that something is "broken".

     

    By his own admission, the CEO said that Apple certainly has no need to carry such a large sum of cash, so I do believe we will hear about Apple's plans for that money tomorrow.

     

    As with every other plan that Apple's developed (at least in the recent past) I'm sure it will be very solid and will result in increased share value.
    22 Feb 2012, 09:53 AM Reply Like
  • thesuer
    , contributor
    Comments (259) | Send Message
     
    No split, apple has a approximately 919 million shares outstanding, why should they increase their shares outstanding, it will only reduce liquidity. That has also nothing to do with their excess cash balance, in the US alone they have approximately 10-20 billion and outside the US another 60-80 billion. The only options are:
    1. one time special dividend- approximately 100 USD (this would give all their shareholders who have been loyal a lot to rejoice) also eqvivalent to their US excess cash balance
    2. Issue a dividend in the range of 2-5% which would amount to 20-50 USD which would also pacify shareholders
    3. Do nothing which would also be business as usual.....
    22 Feb 2012, 09:40 AM Reply Like
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