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Apple Total Cash Hits $81.6 Billion, Over $5 Billion Increase In The Quarter, $22 Billion Increase In 9 Months
While the verdict of whether Apple's operations may or may not have peaked, one thing is certain: its cash is growing. In the past (Q4) quarter, AAPL increased its cash, short and long-term investments from $76.2 billion to $81.6 billion (which, however, skeptics will point out was only half the cash growth rate from Q2 to Q3). In 2011 alone, the company that Steve Jobs built generated $22 billion in total cash. Ironically, that is precisely how much the company's market cap is lower by in the after hours session. If AAPL is unsure what to do with all that cash, which would make it the world's biggest hedge fund, it could hire all the stock experts on Twitter, and become the best funded trading operation in the world, which would naturally be buying its own stock all day long (and, if it were to hire a few JPM/BofA/MS traders, buy CDS on itself). Alas, for the CDS plan to work, it would need to issue some debt: the company is still completely debt free.
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AAPL should just buy gold with that cash.
Hell, with 5-to-1 leverage, they could buy Greece and turn it into an Apple theme park.
Think different!
With 10-1 leverage, they could buy Europe (ex-Germany) and the Americas and turn it into one, giant Foxconn.
Long: Suicide netting.
Excuse me, sir? But to whom do I speak about this will that Mr. Jobs left me one late night when I was driving along this real deserted dark stretch of road outside Las Vegas and stopped to give him a ride when he was all alone and his tire went flat?
Everyone knows Steve Jobs.
Many people know Steve Wozniak.
Most people think Apple was founded by the two names mentioned above, but, in fact, there was another gentleman. A third guy, completely unknown to the world: Ronald Wayne. He was the third (mostly unknown) co-founder of Apple, an accountant who was given a 10% stake in 1976. A few weeks after he was given this initial stake, he sold it back to them for ~$2300.
Had he kept his original stake, it would be worth somewhere near ~$39,000,000,000 today. Well...minus 6% in the past hour.
Excuse me, sir. But signed over to me were these really old yellowed stock certificates from Allpe from when it was first chartered way back in 1976 that this fellow Ron Wayne signed over to me as a token of appreciation late one night when I was driving on this deserted raod outside of Las Vegas and stopped to help him as he's had a flat tire. I'd spoken by phone with Mr Jobs just the other day before he died and he told me that if I broght them to you here you'd cash them in for me.
Lt. Dan! Is that you?
http://www.youtube.com/watch?v=SNa4EMUWnAc
He's an accountant...not a founder...and a dumbass! Never-Ever let accountants handle your investments! Stockspeare Rule #3
No. You're wrong.
He's an accountant AND a co-founder.
That was my point: no one knows that.
Even fewer people still don't know it, after they've been told it - as in your case.
*LOL*
He was given Apple stock in exchange for his Accounting services. He didi not 'found' apple, just got what later would be called 'options', which he foolishly sold as soon as he could.
Perhaps you should do even a minimal amount of homework before you correct me.
Google is your friend.
I bet he "found" himself kicking his own ass every time Apple stock doubled.
BTW, I sense suicide rate increasing at that chinese factory to increase productivity and profit margins at all costs.
Dumbass Americans celebrate Steve Jobs who makes adult electronic toys while they can't even name one Nobel prize winner.
You can't eat iPad nor does iPad cure prostate cancer.
Doncha love how apple subcontracts all their slave work to Chinese. A dead Chinese worker ain't their problem.
- Same store sales down 9%
Here's The Chart That Should Scare The Heck Out Of Apple Investors...http://www.businessinsider.com/android-vs-iphone-units-sold-in-first-11-...
If this marks a trend, Apple lost its biggest friend (even assuming holiday season sugar plum sales boost at Christmas).
*Cribbed heavily (directly, actually) from Henry Blodget, but hey, when a man is correct, he's correct.
The management will be drawing down that cash to buy arable land and water rights if theyre smart.
strange the cognitive dissonance here , most know the reset is going to take us back to an early industrialized period and eventually a pre industrialized period but still think that technology is the answer - technological advanements require exceptional r&d which requires exceptional investment. Nasa's demise should be a stark warning to all. Your toys will not save you. Make friends with an Amish person.
The Amish don't want to be friends with the English. They don't hold anything against us, but we are all headed for Hell, and they don't want to get attached to us. They are happy to sell us eggs or exchange the excess baking or quilting produced by their wives and daughters for our money, but that is the extent of the interchange they are willing to engage in.
Many of them will ride in (though not drive) a truck to sell eggs in the city. That's showing some interest at least.
The 4S is making new waves
A result of their army of slaves
What's next? We don't know
They are loaded with doe
They can use it to heat-up their caves
i dunoo bout that but AAPL just bought a bunch of ex-lawmakers and lobbyists in an effort to end corporate repatriation tax
http://www.forbes.com/sites/beltway/2011/10/13/a-repatriation-tax-holiday-wouldnt-create-jobs/
Where is the OWS gang? They should be protesting corporate profits and greed in Cupertino.
Oh?! It is okay and Apple and Google make windfall profits but energy companies and wall street are pirates. Note that I loathe Wall Street and The slimy Fed. No fan of Rothschild/BP/Shell or Rockfeller/Rothschild/Exxon either.
TechnoGangsetrs making record profits selling iGadgets made with Chinese slave labor.
The funny thing is some gir lawyer at OWS in NYC was bitching that her $5,500 Mac iBook stolen by another OWS libtard. Also they vermin within their OWS camp stolle all the donations. Rats eating each other.
Apple and Google make products and services that people want, that people willingly pay the price asked. They sell them in a marketplace that is competitive, level, and with minimal govt interference. These are not windfall profits, they are the result of good old fashioned enterprise and hard work. Unlike Wall St which bribed govt to tilt the laws completely in their favour so they could rob the general populace who did not really have a choice in that rigged monopolistic market.
Yeah, and let's stop with the stupid Chinese slave labor crap. They were slave labor when the all wore blue denim and rode bicycles under Mao. They are relatively low cost labor because they've been in abject poverty since the revolution. They have to go through the same economic evolution as the West. Their wages have been rising rapidly and they are having their own cost problems. They fear. The currency bill more than our military as it eliminates much of their advantage.
Unless you see whips, chains and guns the workers are there voluntarily.
Lawlz: http://video.cnbc.com/gallery/?video=3000051989
Maybe they could give some money ( and lot of apologises ) to Burrell Smith.
He could build them a couple of computers, instead of expensive gimmicks.
( Con Power )
Why don't they just buy Goldman Sachs? Its got a market cap of only $51 billion :-)
NASDAQ is up in futures now, as I predicted. With the EUR ripping higher against the dollar, just wait until the ALGO's get in the game tomorrow. Apple will gap down and close the day barely off it's highs. QQQ will be the laggard indice, ending the day 2.5% higher, which means the DOW and S + P 500 will end the day well north of 3%.
Funny thing is, you got all this action and no one knows what, if anything, will be unveiled on Oct. 23. This is buy the rumors and sell the news. Best part is they've given us a chance to buy the rumor 100 times now and no one is taking it. Go figure.
Good, they can use that money to buy back their stcok tomorrow at $325.
Is a public traded company supposed to just stockpile cash? Shouldnt they pay a DIVIDEND or something?
Sharing profits with shareholders is so 20th century. Or is that 19th century?
Nope, now a stock is useless until you sell it.
Defnitely not 19th century. Money was power then. Now it's just a crime.
Flat out crime and crime infatuated money syndicate make a solid team, like Bugsy Siegel and Don Corleone with a large splice of Meyer Lanski.
These WS shills learned their lessons from Mario Puzo and the 22 November 63 brigade.
Yeah makes you wonder how much of it is real...
Yes, all that $$ belongs to the shareholders. They should be required to either pay much bigger dividend or more tax to fund the US deficit.
Maybe a reason to buy preferred?
Capital preservation is good for Appl but not for common stock investors of same.
Starting 2012, they will begin making acquisitions of hundreds of $5-$50m revenue companies to pad their own revenue figures. These companies never distribute cash. Cash is their last line of defense.
Section 531 of the Internal Revenue Code. Accumulated earnings tax. Because a corporation is a taxable entity that is separate from its stockholders, its excess profits (profits remaining after being taxed at the corporate level) are not, as in the case of unincorporated businesses and S corporations, taxed to the owners when they are earned. The profits are taxed only if and when they are distributed to the stockholders as dividends. However, a corporation may not safely accumulate (retain) its earnings indefinitely. If the accumulations are not related to the reasonable needs of the business, an accumulated earnings tax of 39.6 percent will apply in addition to the regular corporate tax. Virtually any corporation can accumulate up to $250,000 ($150,000 for service-type corporations) in retained earnings without becoming subject to this tax.
that doesn't stop apple from establishing shells companies in tax havens, transfer IP rights to said shell companies, so apple could channel 90% of profits straight into oversea tax shelters. there goes the 39.6%
Exactly, they should pay a dividend, even that POS John Chambers is paying a dividend now, for all this talk about taxes, there should be a tax on retained earnings, that will knock down the CEO/Average Employee pay ratio faster than anything.
So you're saying, "there should be a law?"
Seems that is how we got here. Don't like it, don't buy AAPL
Paying dividends causes a second tax. Because of our archaic tax laws money gets taxed one time as profits at the corporate level and again when distributed to the owners/shareholders.
They should buy Microsoft. It would be the final symbol of victory.
What is the market cap of Microsoft?
they pay something all the time is called hopium.
This is such a good fundamental point lost on the retail crowd (which includes me). Only reason to own stocks and bonds is the cash the equity or debt puts in your pocket each month, quarter, or semiannually. If a stock isn't paying you to own it, then there's no reason to own the stock -- looks like Paulson found this out in a BIG way this year.
I hope it's not all in USD
And I hope it's not all in Bank of America.
Still not edible.
There is a rumor going around that Apple is harboring Iranian militants.
There is a rumor going around that Apple is harboring Iranian militants.
heard wrong, its harboring depleted ukranians
I don't feel good.
An apple a day...
How you feel is not important. You're a beautiful rebel. Just gawgous.
less worried about Apple harbouring "Iranian militents" than Microshite and Goofball harbouring Western global corporate monopolists, anarchists and financial terrorists
switched on the garbage that is the Bent Broadccasting Corpse (BBC) 'World Service' (propaganda sponsored by Big Corp crooks) and they were running yet another advert for Bill Gates (big software monopolist) and GlaxoSmithClyne (big pharma monoploist) regards the biggest scandal on earth, Maleria
the BentBC were propagandising a new anti-Maleria drug that 'may' reduce this preventable (by DDT spraying) killer disease by "up to 90%". Of course DDT sparying eradicates Maleria by up to 100% as was happening across Africa and Asia back in the 1950' and 60's....until the enviromentalist lobby (backed by whom???) got it banned across the Govt globe
Since the ban on DDT Maleria has rocketed again in places like Sri Lanka where DDT had almost 100% eradicated this preventable killer ...the DDT ban has effectively murdered 60-100 million people, mainly women and their babies, across the planet
why the BentBC keep running (the same) bullshit articles featuring yet again Bill Gates and his 'charity work' in the 3rd World beats me.. once Bill Gates was 'news' in 2010 throwing $billions at stupid ways to do half-a-job at combating Maleria, why is it 'news' to keep repeating this old news of Bill Gates mal-directed charity work???
they like to show global crooks and peddlers of garbage monopoly software as charity workers and global Big Pharma monopolists as 'helping the cause' presumably??
Look goddamit maleria is not the problem. The problem is sickle cell anemia. The human immune system found a way to combat maleria. What it does is "sickle" or distort maleria infected cells. The problem is genetic recombination. If both parents have the gene that makes them IMMUNE to maleria they have 4 kids one kid is not immune to it because he gets both recessive genes that don't sickle maleria infected cells. 2 kids are immune and i mean fucking immune to maleria. Their body will spot maleria infection so goddamn fast your head will spin and sickle the fuck out of those cells. One unlucky bastard get's both dominant genes. This causes them to sickle every cell maleria infected or not.
The problem is not that the human immune system can't fix this. The problem is the human immune system needs to learn equality as well. And stop with the dominant recessive gene makeup.
Bill Gates is a fucking idiot. He's no goddamn philanthropist and he'll never be one. He had some stupid idea about combating global warming by putting huge gasoline sucking machines in the ocean which spit water into the air. This of course would likely screw up the plankton in the light zone on top of the water.
I just watched CBS news bitch about people buying cigarettes for 4 bucks a pack and driving to new york to sell them for 10 and 12 bucks a pack. With a goddamn piece of shit scumball ATF agent talking shit about organized crime when he comes from a goddamn crime family that illegalized alchahol shot and imprisoned people for making it and selling it and then built giant freaking corporations to make the shit by the super tanker load which then tax the fuck out of it and pay him to be a cushy ass piece of shit gang banger.
Any citizen who is touched by an ATF agent should sue the fucking government for being defiled by lower fucking animal. Because every single person who works for the ATF is a fucking snake, weasel complete scum piece of NOTHING.
Goddamn corporate scumballs play the wage arbirtration scam until the entire freaking country is dead and then have the unmitigated BALLS to imprison people for doing the exact same thing with thier legalized drug operation. I hope Al Gore's sister dies from being a crack whore in her next life instead of just being a victim of the fucking cigarettes that fucker helps push on everyone. How anyone can look at these lying freaking politicians and believe that anything they do is right when they work for the sick fuckers is beyond me.
Oh an speaking of Bill Gates. I got on Dungeons and Dragons Online which is made by Turbine which was bought by Microsoft. I wiresharked their network because they have this bullcrap free to play nonsense because the game just freaking tanked and MGM kept wanting to find ways to monetize it. The damn program sets up Xfire which is an in game communications system which turns your computer into a micable snoop device. The program sends in about 1/2 megabyte of SSL encrypted data to ANOTHER server for every megabyte of nonsense client data. When I say nonsense I mean a normal game like this requires about 2.5 to 5k per second of data to sync client to server. Which is about 1/3 of a megabyte a minute and this sucker calls in so many freaking snoop hack jobs they run about 2 megabytes a minute of data through your 192.168.1.x address.
And speaking of garbage monopoly software. Warcraft online is selling stripped wiped unworkable servers for outrageous prices as collectors items for "charity" to benefit saint jude hospital. They are probably old ass piece of shit blades that some jerkoff cia cunt pissed on while high on coke. And probably not used as servers for the game but actually money laundering for countrywide.
So you best head down to bed bath and bullshit and buy a towel to wring because they are going to inundate you with this bullshit facade of how these corporate ceo's are nothing but pure saintly philanthorpist who can do nothing but cry every goddamn night in their champagne about all the sick and hungry children in the world. Because they really are fucking saints and they totally are not selling 12 cents worth of goddamn pepper to the police stations for 8 bucks in a aerosol can so that they can run round in their big goddamn SUV's burning up gas hunting down these evil fucking people out to screw them out of their 5 billion dollars worth of cigarette taxes in new york because the jackhole ceo's of drugs incorporated experimented on them for the last 30 years till they were more addictive than fucking heroine.
i'm hearin you on almost all of those points
though what Gates & Bulmer have done for computer software their counterpart monopolists in Govt have done to US property, healthcare, Pharma, energy and other utlities (telco, water, gas, oil etc)
Our world is rammed with monopolists and dying precisely because of these commercial crooks. The biggest ratchet in their armoury is of course Govt which the peope sponsor (pay tax) to corrupt our free arkets... kill the Govt MF and you starve (by default) the private monopolists
Best way to do that? Take the drip (tax) away. Stop Paying Your Taxes Bro... soon as a few million like-minded people do that we'll have healthcare and Pharma that works in a free market rather than a(nother) zombie industry that tries to addict and kill you
Zero Tax = Zero Govt . . . . . and zero insidious monopolsts producing total garbage like Bill Gates (the free market would have killed that sucker decades ago)
Can't fault them on keeping a massive nest egg of cash in this day and age. It could be a huge advantage if/when this bullshit market finally becomes the illiquid zombie it is.
A serious question here - if Apple is sitting on THAT kind of cash, and the crash does happen, doesn't all that cash become fairly worthless? Or is it the fact that they have SO much cash that they have an advantage of tons of near worthless cash as opposed to everyone else having almost no near worthless cash?
In crash stage 1 cash is king. The crash where cash is worthless happens after from what I can tell.
Apple will need as much cash as it can horde for future stock buybacks.
The actual death of Steve Jobs was a highly symbolic moment in time for Apple, as the price point and trade down/generic substitution (Apple's products hold no magical qualities, fanbois) GLOBAL economic trend takes hold with a vengeance.
TIS, I green arrowed you, but are ou saying that SJs death will crash global markets?
No.
I'm not saying that.
The system is imploding because of the fraud (provable by the use of arithmetic) that is fractional reserve banking administered through 'central banks' using cotton/linen fiatski (i.e. monopoly money).
But for those who are highly attuned to recent events, there was an event at HP which certainly at least adversely affected sales of iPads, and that was based on an recently killed off product. That firesale and the repercussions from it showed every Apple competitor the literal blueprint for dismantling Apple, and when many (rather than just a few) competitors take this route, Apple's margin compressions of today will look minscule by comparison to what it will then face.
No, he is saying Apple lost its Thomas Edison and Walt Disney at a time when the macro climate shows Apple needs Jobs the most (meaning right now).
Last time Apple went Jobs-less didn't work out so well.
i beg to differ. You dont make that much $$ just from "Fanbois". Their products are better. Their software model has revolutionized the entire tech world. They have the first mover advantage on Apps and music and tablets that no one has been able to replicate(think HP). Android is getting there, but it's been "getting there" for 2-3 years now. If they're smart they will push iCloud and then they will have your data, switching "costs" via time and hassle will keep people from, well switching.
I think Amazon will kill with their lower priced tablets, but it remains to be seen, as it's not out yet.
Can they maintain their monopoly -- Ala Microsoft killing CPM -- or when Microsft effectively battled open source and lost its advantage ... ala Unix
And we stare at our phone now instead of holding it up to our ear. Hmm. I wonder why that's a big deal?
drivenZ, I'm not saying Apple doesn't offer relatively good products, but I am saying that Apple products aren't as distinguishable from competitors' products as in times past (at one time owing nearly exclusively to its operating system), I am saying that the trend regarding this matter is not working in Apple's favor, I am saying that consumer behavior has been changing and that this pace will accelerate given the macroeconomic trends we now see (generic and store brands are grabbing the biggest % of market share in supermarkets in their history, as just one example), I am saying that Apple is not the successful pioneer it was when it introduced the iPod (which was the product that literally revived Apple and allowed it to amass cash), and I am saying that Apple is going to need to pull off some sort of miracle (something as revolutionary in terms of product and content in culling revenue as the first iPod was) to avoid relentless margin compression.
Good point.
And without the Jobs factor how are they going to hype their inflated prices.
Jobs was a brilliant man.
But he was a marketing man and an icon.
Patents won't protect Apple.
It's a brand.
iGadget profiteers and gangsters selling very conspicious luxury consumer products made with Mandrain slave labour. Where is the outrage and OWS protesters? My cry is for Mother Earth and Gaia for all the toxins made when making electronic iGadgets. Anyone who think chip production is "clean" is smoking Hopium.
;-)
Chip production is very clean with very few harmful chemicals or processes. It just uses a buttload of energy to make them and then they go off and use a buttload of energy after they are made.
yes well agreed.
They are a brand, but they also make much better products than anybody else. Plus they have such huge market share that they can buy parts at a much lower price (and occasionally buy all the parts, like they did with flash memory one year). Intel tried to come up with a platform to compete with the macbook air, and nobody manufactured it because they could not match Apple retail pricing and still make a profit.
Kodak was also a brand and to some an icon.
Freddie, can you point me toward where Apple suppliers labour are "slave" pretty please?
are the employees working against their will, by threat of violence?? ...or are they willingly employed and paid for their days work, voluntarily?
judging by your avartar your hairstyle is a greasy nurdy mess, what's between your ears is even shittier
if there's one briliiant device Apple hasn't patented yet it's that their critics catagorise and define who the low rent pea-brained twats are and who is due a deserved beating in this Great Depression... they should call it iDarwin, a social catagorising tool to sort the wheat from the chaff (crap)
Jobs is a male, business version of Marilyn Monroe now....
How much of that cash is even in US, tax-paid, on-shore entities? And why is AAPL enriching their bankers by having 'cash' in the first place, rather than letting their shareholders do with it what they see fit?
Deflation isn't going to last forever. And hyperinflation would likely simultaneously destroy Apple's cash hoarde, as well as destroy the market for their consumer discretionary products.
So a gazillion people buy the brand new iPhone when it comes out but here's my question: I have 4 phones in the house, all tied to plans, none of them eligible for an upgrade? To buy an iPhone I have to pay the full nut, something like $700+ How do these buyers avoid the "trapped in plan" problem?
Is this what everyone is doing? and to me, I could afford it, but why if I have a perfectly good 3G or Android in the house? So I can't figure out who is buying all these things.
To pay full retail Siri would have to perform oral on me on the way to work. Otherwise, forget it.
Ned, I actually upgraded my 3G t 4s, because 4s avoids the antenna problems and is faster. Simple as that. You should know how slow the 3G is. Sucks when you are following the market off-site.
Asia.
The sheep here herd better.
You're always paying the "full nut". "Plans" and "contracts" are just financing schemes for the 'full nut', where you pay an extra $20-$30/month for your cell service, to cover off the cost of an $800 phone + interest. If you calculate the applicable interest rate, it is often comparable to that of a credit card, ie: high interest rate unsecured debt.
How do these buyers avoid the "trapped in plan" problem?
They don't. The first round of iPhones is roughly 3 years old now, and are coming off of the 3-year contracts. So many of these buyers are signing up for yet another round of payments, at 20% interest rates, against a new phone. Its like buying a car on financing, and trading it in every 3 years for a new one. Never get out of debt. This is why people should worry about Apple a lot -- because most of the crowd buying is essentially broke (although they may not realize it yet....you know, civil servant types with salaries that are about to implode!)
I hear ya and I don't disagree, but I think the overwhelming majority of Americans buy "on the plan," so that's my point - where do all these buyers come from. Once you're in a plan, you're stuck with no ability to upgrade for the 2 year period (or three).
'Siri would have to perform oral on me on the way to work.'
There's an app for that!
You really shouldn't talk about Tom Cruise's daughter like that.
Or is it Suri? I forget.
Indeed Ned.
I am of the opinion that all Apple has done is a hybrid form of vendor financing.
Get people on a plan and the service provider covers the up front cost.
Is there any chance that Apple could be considering some of these loans/vendor financing schemes to be 'cash', when in fact, they're at risk?
Would certainly explain why the "cash" levels at AAPL are so high, yet they can't seem to cough up a dividend..
Don't know I'm afraid.
Probably praying for Cain so the Jobs family can rake in 40 billion cash tax free. Dividends bitches
Anybody know how much stock Steve or his foundation owns?
I'm pretty sure Steve owns zero shares.
Jobs was worth over $6 billion, and most of that was from Disney stock, which he acquired in his Pixar deal. Apple's proxy statements show Jobs owned around 5.5 million AAPL common shares, but some of that may have been through trusts. Also, I recall Apple's board bought Jobs a plane/jet.
Be interesting to see Steve's will. Should be soon.
its top secret, but it says he gave it all to Chairman Deng Tsiao Ping..as Pong was not available for a game. He should donate a large part of it to the China people's rehab fund as they slaved to make him rich. If you apply Hammurabi's principle : then he who helps you grow your balls deserves to get some of the meat. Just wise Mesopotamian saying, in land filled with mines and junk US war toys, along with puddles of black smelly stuff, that drives everybody crazy with lust in Texas dust bowl, of long horn and short GWB brain fame.
Steve Jobs never believed in Apple actually. And that's a fact. Of course comparing him to Thomas Edison (how many patents under name Jobs again?) is absolutely ridiculous. He's truly our finest hukster! Not true of course of the people running the joint now. They knew what they had cuz they actually made. And to them I say "congratulations! You made it!" now excuse me while I listen to the MSM shout with glee over the death of Kodak...and Rochester NY as well I imagine!
Too bad the people who actually make that over-priced shit didn't get to share the wealth.
i know, i'm a big fat commie. stfu
Yup, average Apple software engineer salary, according to Glassdoor = $100k. Doesn't go very far when most houses in the south Silicon Valley pretty much start at a million dollars.
$81.6 billion in cash? Holy crap! That'd make them one of the 1%ers, if they were a country.
Apres Steve Jobs le deluge
Hilarous how a minor earnings miss by AAPL immediately sends everything down after hours:
ES
Gold
Silver
Euro
Australian Dollar
Crude
Maybe AAPL management could start backstopping the QQQ by buying some futures at the worst possible time for the bears.
Maybe they could actually make something in the USA? .....Hahahahaha! That was funny. Let's roll America! Let's roll!
your Apple alternatives are Microshite and Goofball who make their 3rd rate garbage where precisely??
Hahahahahaha! ....yep, we all like having a good laugh and there's nothing funnier than those 2 junksters
cell phone? I dont have one. Was in the states last month and saw the nice advantage of looking up google driving from madeline island to Mpls looking for the nearest white castle but other than that WTF.
have fun with your g4 or whatever devices. But I can tell you you can live without them and be just fine.
Pura vida from Costa Rica.
Apple is a systemic risk to capital markets
technology oils the wheels of a productive economy ...the markets are a gambling joint, who gives a monkeys about them ..if you're looking for systemic risk reduction, shutter the Govt
Govt : the biggest social and economic mistake in history
Wow ... just wow.
My mind is boggled. I have 8 or 9 companies going right now ... VC ... and yes this is Arkansas ... but I think in terms of much smaller numbers.
"Apple's Plan to Rescue European Banks"
Details are sketchy at this time, however sources say that in the coming months, Apple will role out plans to save European banks and guarantee soverign debt.
Apple insiders say that the plan, dubbed 'iRoBanks', was developed by the late Steve Jobs after he resigned as Apple CEO. "The plan is very specific and the numbers don't lie," said one person familiar with it. "It's so simple and achievable, I can't believe no one thought of it!", said another.
yada yada yada... :-)
A peak if ever there was. One thousand mediocre momo hedge funds cant be wrong, can they?
No, I don't believe in Peak Apple. I heard they grew on trees.
Occupy AAPL?
Although I am short AAPL, this is pretty impressive (cash and no debt that is).
I am short, fuckum!
So will we "occupy Apple"? Confiscate it all?
Does that hefty pile of cash mean that Apple iPod and iPad customers paid way too much and that we should therefore compel them to "give it back"? I don't think so! It means they made a unique family of quality products that were in high demand from their customers! Good for them! Good for their shareholders! I just wish I had been one of them all these years!
http://www.youtube.com/watch?feature=player_embedded&v=_Iz3VjoHXLA
Please watch this clip. it's bone chilling. You may not believe it but a lot of what this guys says is happing now.
Yep.. Obama and all dem's are commies!
you tell'em bro!!
God Bless the Republicans! they will save us!
Maybe they'll buy Greece
Perhaps Apple will start their own bank.
Funny, but Nah! They don't want the regulatory headache!
Apple is near a top with a bit more upside ahead. The SPX is likely to correct lower followed by rangebound price action in the near term. However, the DX and GC remain bullish. http://bit.ly/mP7tWi
For about $6-8 billion you could go a long way to providing potable water for a large percentage of the world (just avoid arsenic / test the ground water first).
For $10-20 billion you could get seriously involved in Africa (where android phones are shooting to the moon and people are skipping desk tops and even laptops to get online via phones, which would also use your cloud computing business side - iCloud or MS cloud or Google cloud, take your pick).
For $20-30 billion you could enter a partnership with Brazil and work out some protection for the rain forest whilst cementing your production facilities for the next ten years (although... whoever said chip production was environmentally messy & used gigalitres of fresh water was spot on, see my last fantasy point)
For $50 billion you could bankroll the war in Iraq (or your country of choice, as long as it didn't have a serious military in which case it'd be a much shorter splurge) for just under a year (going on figures of approx $5 bil / month which is an averaged estimate from a couple of sources)
...or you could service the USA national debt for less than a month. Probably two weeks if you're lucky.
And so on. Bill Gates / GlaxoSmithKline just announced a viable malaria vaccine, which rather raises the bar for philanthropy.
However, this is Apple, so my money is on this - look out for purchases in South America - for $80 billion you could go for gold:
http://www.youtube.com/watch?v=oXb0-HOEo8Y&feature=related
Icloud. System requirements. Any piece of shit electronics, 128mb ram, your own navy seal team to defend your rights from a bunch of lying fuckers who have taken over every piece of communication equipment on the planet.
I guess it pays to be a chinese manufacturing holding company.
With-out Jobs courting favor from his DC connections, holding on to it will be challenging.
Control of the process is everything.
Tyler,
Stop giving AAPL ideas
I needed that laugh!
Thanks Bro!
Forget hedge fund.
Drop 10% of that warchest into physical silver and launch a snappy new app iBank empowering users as their own central bank for barter and exchange thus proceeding to put the FED out of business and magically removing 99% of the evil in the world by neutering the top 1%.
great call leon cooperman
http://www.bloomberg.com/news/2011-10-18/cooperman-says-u-s-will-avoid-recession-stocks-appealing-1-.html
I'm probably not good in reading financial statements but what kind of revenur do they extract of that cash pile ?
They don't need to sell anything. They live off the ponzi anyway. They just need to sell enough stuff to be believable when they lie about how much they sold. So if they sell 10 icraps then they just figure people will believe they sold 100 craps.
Here's how it really works. And this is 1999. The fraud has escalated four fold since then.
http://www.libertylobby.org/articles/2000/20000327microsoft.html
Simply replace microsft with the chosen horse to ride with apple and you get the exact same picture. While reading that remember this is 1999 right before tech bubble burst. Amercian Fraud Online was simply making up the profits to make the scam work. They had to buy time warner to actually get enough real profits to continue the ponzi. Now it's 2011 and american fraud online instead of going away like the bad little criminals they arem run a media company and you can't get on the internet without them wanting to pass your packets around.