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Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST
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To: Keith Feral who wrote (92894)3/1/2010 12:53:41 AM
From: Pete_Y_482 Recommendations  Read Replies (1) of 213181
 
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.
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