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

To: manalagi who wrote (149867)	2/8/2013 11:43:21 AM
From: Edward Boghosian	1 Recommendation Read Replies (2) \| Respond to of 213173

Manalagi: Before I read your comment, I thought of the following scenario. Einhorn et. al. are investors. They look at Apple and see a cash cow and they want some-or more then some-of the cash. They don't look at Apple the way Jobs and others think of it. So, they get there dividends, whatever that may be and then they want a seat or seats on the board. Maybe it will be easier to get them if they have preferred shares. It makes no difference, once and if they get on their philosophy is different. There not interested in creation of products as Jobs was. They're interested in getting more money out of the company even if it means destroying a company. There fame and adoration by the financial community is based on how much money they make. In my opinion, if Einhorn et. al. get a foothold into this company it could be the beginning of the end. Jobs would not have put up with it-I think, unless he felt Einhorn would be a positive. He would of given them a fight. I don't know about the current occupant. Since Jobs is not around, I can only speculate. But I don't want to take that speculative chance based on what other heads of funds have done. As far as Gore is concerned, he was here when Jobs was the head. Forgetting about politics or stock options he cashed in on, I think his philosophy of the future of this company would be in tune with Jobs wanted or else Jobs would not have put him on the board. That's all I have to say about him.

To: manalagi who wrote (149867)	2/8/2013 12:09:30 PM
From: Elroy	2 Recommendations Read Replies (3) \| Respond to 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.