Wednesday, April 24, 2013

Apple Computer at a crossroads?

   If you own Apple Computer (AAPL) stock, you know that it is down a couple of hundred per share
in the past two months.

   Some have asked if CEO Tim Cook would be replaced. But that isn't likely. In fact, Apple is considering borrowing money.

   Why? Well, they have around $145 billion in cash, $102 billion parked overseas. If they use that money they have to pay big taxes.

   Borrowing will actually save them money.  They may use the borrowed money to give money back to its shareholders, increasing the dividend. Very interesting and very smart.

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