Apple wonders: Where is this recession we keep hearing about?

[NJ5]

phinch1 said:

NJ5 said:

Xoj said:

NJ5 said:
daveJ they're getting to the same point as Microsoft, where they have little they can do with their money.

They may do what Microsoft did and give a special cash dividend to investors to decrease those cash reserves.

so likely you are microsoft investor? *coughs*

No, I am not. It is widely known that Microsoft once paid out $32 billion to investors to decrease their cash reserves:

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/articles/microsoftspecialdividend.htm

 

Not saynig your lying, but why would you want to decrease your cash reserves?

Because they had money that they were not going to use, and stopped money is stale money which isn't doing anything for the owners of the company (i.e. the shareholders).

The shareholders got that money, and Microsoft still has more than enough cash to meet their needs. Everyone's happy.