You are correct, but the vote is pretty much a formality. Who wouldn't go along with a split?
And you are right, the vote is probably a formality. The point I was trying to make is that in order for there to be a split, Apple would have to go to the shareholders first, and by doing so, we'd all know there was going to be a split. The board can't just announce a split. (Actually, normally they could, it's just that Apple can't)
By the way, for the trivia buffs, Apple has 1.8 Billion authorized shares, and in the latest 10-Q they showed about 920 million weighted-average diluted shares. A two for one is just not mathematically possible. |
