We All know Apple is the Richest Company on the Planet, with $600 a Share, and a little over 100 Billion Cash in the Bank, And expected to make another Grip with the NEW iPad out now(With Rumors of a smaller/cheaper iPad coming), iPhone 5 and iTV later this year. They can Blow through a mountain and have 2 mountain’s left, well they’ve figured out what to spend a mountain or 2 on, And it could be great for you, Hit the Jump.
Apple has decided to initiate a Buy Back program for it’s own Stock, So if you bought $3k worth of Apple stock back say when it was $300, You can Sell it back to Apple Now at $600, and Make $6K!! And If you bought it when it was cheaper, you’ll make even More!!
This Program should start in their 2013 fiscal year, which starts in September of 2012, and should last for 3 years, or up $10 Billion. AND they will also do a Dividend
of $2.65 per share starting in the 4th quarter of 2012, which starts in July, So if you keep you Share’s, they will spit out a few Bucks, and between that and the buy backs they will spend up to $45 Billion of their $100 Bill. Well that’s all good, But I don’t have any AAPL stock, so I’ll wait for an Apple Acquisition to get Hyped!!!!
Apple Announces Plans to Initiate
Read More »