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Technology Stocks : Apple Inc.

AAPL 271.50

+2.0%

Nov 21 9:30 AM EST

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To: manalagi who wrote (149867)	2/8/2013 12:09:30 PM
From: Elroy	2 Recommendations Read Replies (3) of 213173

Management duty is to manage the company the best it to make profit. The Board of Directors is the one who has the fiduciary duty to care for shareholders interest, and by extension sharehodlers invest in the company to get good return for the money, whether for the dividend and/or stock appreciation. Maybe Einhorn should demand a seat on Apple BoD? Dude, management's duty is to run the company in the interest of it's owners, which are the shareholders. That's principle #1 of any company. If a company has a lot of cash, it can either invest it in the business, or pay it to the shareholders. Apple seems to be generating way more cash than it needs to run its day to day operations. So it should pay a big dividend, each year. Does someone want to dispute this? Go ahead, please provide the counter argument.

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