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ProfR
User Rank
Platinum
Where do they go from here?
ProfR   3/19/2012 4:35:15 PM
NO RATINGS
I like the idea of Apple giving some money to investors. But one problem here is that Apple (and others) are sitting on cash with nothing to invest in. That is a problem for the industry and the longer term revenue of Apple.

PredictableChaos
User Rank
Platinum
Gundlach of DoubleLine Capital
PredictableChaos   3/19/2012 4:19:48 PM
Quoting @Noreen's comment on another thread -

According to a tweet from CNBC's Jane Wells, bond king Jeffrey Gundlach of DoubleLine Capital said at Thursday night's CFA Forecast Dinner in San Diego, "one of my favorite generational shorts is Apple... the rainmaker is gone, and I don't see people lining up all night for iPad 482."

The new dividend makes shorting AAPL more insane than it was before.


PC

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