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  • Samsung Electronics (SSNLF.PK) says its Q1 profit rose 42% to a record high on strong smartphone sales. Net profit rose to a record KRW7.15T ($6.4B), up from KRW5.05T a year earlier. Operating profit rose 54% to KRW8.8T from KRW5.7T. Sales rose 16.8% to KRW52.9T from KRW45.3T, coming in in line with the company's guidance of KRW51T to KRW53T. The results stand in stark contrast those of Apple (AAPL), which earlier this week reported its first profit drop in a decade and forecast margins to decline in the current quarter ending in June. [View news story]
    It's amazing how many Americans hate AAPL but love Samsung which is massively propped up by the South Korean government.
    Apr 25 09:37 PM | 8 Likes Like |Link to Comment
  • David Einhorn likes Apple's (AAPL) feisty share buyback : "We applaud Apple's decision to borrow money and return excess capital to shareholders, an idea that was off the table only months ago. This positive development represents a more shareholder friendly capital allocation policy and demonstrates the conviction of Apple's management and board in the Company's future." [View news story]
    Wonder to myself if aapl let the stock tank first so that they could get a good deal on their buyback.
    Apr 23 07:50 PM | 3 Likes Like |Link to Comment
  • An Apple Dividend Is On Its Way And The Smart Money Knows It [View article]
    Forgive my naive question - how does offering a dividend help Apple (emphasis on Apple) other than attracting a lot of big money players?
    Feb 10 03:42 PM | Likes Like |Link to Comment