MC 2: MC2 Post 1223 Flush with CASH Apple Will Make a Fiscal Statement

Monday, March 19, 2012

MC2 Post 1223 Flush with CASH Apple Will Make a Fiscal Statement

From: http://www.thestreet.com

Apple Discussed Cash Balance This Morning,
at an Apple Conference Call that also
Live-Blogged...

=================================

9:48 AM 3/19/2012

From: http://www.bloomberg.com

Update: Apple Shares the Wealth with Investors:

Link: http://www.bloomberg.com/news/2012-03-19/apple-to-pay-dividend-buy-back-stock-to-return-some-of-its-cash.html

=================================

CUPERTINO, Calif. (TheStreet) -- Apple (AAPL_) will hold a conference call to discuss its cash balance before market open on Monday, a move that has fueled expectations that the tech giant will start paying a dividend again.

TheStreet will be live-blogging Apple's call, which starts at 9 a.m. ET.

The iPhone maker stopped paying a dividend in 1995, but CEO Tim Cook has recently hinted that Apple may rethink this strategy. Cook said last year that he was "not religious" about holding Apple's cash, which kicked off speculation that a dividend or share-buyback could materialize.

Apple, which recently unveiled its new iPad, had a cash hoard of almost $98 billion at the end of its recent fiscal first quarter. Some $64 billion of the company's cash is offshore, according to Apple.

Link: http://www.thestreet.com/story/11460576/1/apple-cash-announcement-live-blog.html?cm_ven=GOOGLEN

TinyURL: http://tinyurl.com/86zzsgk

===================================

===================================
What was yesterday's GJ81213B ???
=============
=============