01-28-2014, 01:52 PM
None of those are good arguments.
They are in the middle of the biggest buyback in corporate history, $60 billion, for up to 13% of their outstanding shares. Most of their cash is outside the US and can't be used for buybacks, dividends, or acquisitions. They don't have enough cash in the US to buyback more shares (or do a big acquisition) without borrowing more money, which would result in a downgrade of their credit rating.
Plus how many big acquisitions can you point to that worked out well for the acquirer? And who would they buy? Trying to merge two different cultures together is just going to be a distraction from their main focus. They continue to buy smaller companies - 15 of them in 2013 alone.
And a higher dividend isn't going do much for the share price.
Nope, this isn't something that needs to be artificially "fixed". It's just Wall Street anxiety between product launches. As soon as they have a big successful product launch, all this will be forgotten. Until then, it's just a case of having the balls to hang on through the fallow times.
They are in the middle of the biggest buyback in corporate history, $60 billion, for up to 13% of their outstanding shares. Most of their cash is outside the US and can't be used for buybacks, dividends, or acquisitions. They don't have enough cash in the US to buyback more shares (or do a big acquisition) without borrowing more money, which would result in a downgrade of their credit rating.
Plus how many big acquisitions can you point to that worked out well for the acquirer? And who would they buy? Trying to merge two different cultures together is just going to be a distraction from their main focus. They continue to buy smaller companies - 15 of them in 2013 alone.
And a higher dividend isn't going do much for the share price.
Nope, this isn't something that needs to be artificially "fixed". It's just Wall Street anxiety between product launches. As soon as they have a big successful product launch, all this will be forgotten. Until then, it's just a case of having the balls to hang on through the fallow times.
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Currently PvPing in the stock market
Currently PvPing in the stock market