Apple Inc. (NASDAQ:AAPL) conference call this morning showed off the company’s two new strategic endeavors to increase value and get rid of the company’s huge cash stocks which were almost a burden in themselves. The two proposals, the first the introduction of a quarterly dividend of $2.65 per share and the second a $10 billion buy back of stock to take place in early 2013. One or the other of these moves was widely anticipated, (at least in the small amount of time Cook&Co. gave us to anticipate anything), though few saw the possibility of both moves being undertaken. You can…
Apple’s (AAPL) Cash Decision: A Sign of The Post Jobs Era
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.