,What happens to Apple's Board of Directors? Aren't they supposed to represent shareholder's interest? The stock has been hammered big time dropping 200+ points in just a month? Apple management should figure out that Apple's P/E is less than 12, and compare that to FB which is up 6% today and has a P/E of around 290.
That reminds me of a mother who told his grown up unemployed son just sitting in front of the computer playing games: "do something. just do something, get out of the house, sell rocks, or move neighbor's lawn, or whatever. just do something".
This is exactly what Apple management has to do something: announce stock buy back while it is cheap, sell put options, increase in dividend, or announce stock split which shows confidence in the company. Just do something.
WWSJD? He would do something, IMHO. |
