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


To: soup who wrote (23330)3/3/1999 9:25:00 AM
From: MeDroogies  Respond to of 213173
 
" AAPL *could* set up its own in-house financing. It's not that simple, but If AAPL were to set up its own shop, a net 5% interest of $1 billion in leases/loanswould result in an additional $.30/share."

That .30 extra is a long-term figure. Start-up costs would water that down immensely in the near term. It really doesn't make alot of sense for AAPL to start up a division in which they have little/no expertise when they can farm it out, make the money fast, and have no costs associated. In the meantime, they can ramp up this division slowly and in a cost-effective manner.

Besides, their #1 problem was market share. These partnerships solved that issue.
What I find humorous is this buyback. I like the idea. It's elegant. But when I proposed it earlier this year on this thread, somebody lambasted me and compared the program to Gateway.
Seems AAPL is smarter than some of us give credit....