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PR Newswire
12-03-2013, 10:37 AM
Finally a solid plan will be outlined, not necessary as dividend, but a win-win solution between investor and the company.
(not vested)
Apple to outline plans for S$171b cash pile: Investor
SAN FRANCISCO — Apple will outline what it plans to do with a growing pile of cash by next month, according to Mr Howard Ward, Chief Investment Officer at Gamco Investors.
Apple, which has been grappling with investor criticism over the handling of its US$137.1 billion (S$171 billion) in cash and investments, will add US$42 billion in earnings to that sum this year, Mr Ward said.
http://www.todayonline.com/business/appl...e-investor
(not vested)
Apple to outline plans for S$171b cash pile: Investor
SAN FRANCISCO — Apple will outline what it plans to do with a growing pile of cash by next month, according to Mr Howard Ward, Chief Investment Officer at Gamco Investors.
Apple, which has been grappling with investor criticism over the handling of its US$137.1 billion (S$171 billion) in cash and investments, will add US$42 billion in earnings to that sum this year, Mr Ward said.
http://www.todayonline.com/business/appl...e-investor
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