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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: aaplAnnie who wrote (149844)2/8/2013 12:41:27 AM
From: Sr K  Respond to of 213173
 
finance.yahoo.com

Separately, the board of directors of the Company has declared the payment of its first quarterly dividend of $0.15 per ADS which will be paid on March 4, 2013 to all shareholders of record as of February 21, 2013.



To: aaplAnnie who wrote (149844)2/8/2013 1:09:55 AM
From: Elroy2 Recommendations  Read Replies (1) | Respond to of 213173
 
I don't want to appear rude as I do not know you or know why you are posting on this board when you don't seem to have an interest in Apple or AAPL.Rather you follow SIMO.

Come on Apple is the 2nd biggest company in the world and the biggest tech company. Anyone interested in the stock market has some interest in Apple, why do you say that I do not? I'm interested in it.

SIMO makes NAND flash controllers. Apple is the biggest buyer of NAND flash. Of course if I'm interested in SIMO I'm interested in Apple.

As SIMO does not pay a dividend and does not seem to be doing very well why do you like it?

SIMO pays a dividend, 60 cents per year, beginning this year.

SIMO grew revenues 51% in 2010, 69% in 2011, 25% in 2012 and guided to 10% to 20% growth in 2013. Why do you say it's not doing well? It's kicking but on 98% of companies over the same time period, in fact it's probably kicking butt on 99.5% of companies over the same period. Do you know a faster revenue grower starting with calendar year 2009 as the base year?

Anyway, if you're interested in SIMO there's a (not very busy) SIMO board on SI where I talk to myself every now and then. Please drop by...

Subject 56138

There seem to be quite a few fools making gobs of money in AMZN, GOOG PCLN, CMG and others including BRK A and B. It's not likely that any of them will ever pay a dividend

I'd expect all of those companies, other than BRK, to eventually pay dividends. BRK is more of a holding company, the stocks it holds pay dividends.

As I wrote the only reason stock prices of non-dividend payers go up with growth is the expectation that when the dividend finally arrives, it will be larger. Why would you want to own a stock that is committed to NEVER paying a dividend? You will never get anything from it, and like all companies, over an unlimited time period, it will eventually become worthless. As I wrote, the only argument in favor of such an investment is the greater fool theory - you know you'll never get anything so it's foolish to buy it, but some bigger fool will appear and pay even more for it than you did. It's a theoretical point of view, since there is no such thing as a company committed to never paying a dividend, but if one did exist, I recommend sell.

PS - I don't mean that to be rude with the bigger fool description, it's just the proper explanation for buying something for more than it's worth in the expectation that someone else will pay even more than you did.