http://www.economist.com/blogs/schumpeter/2013/02/apple
Ever since their scare with bankruptcy in the 1990's apple has been very fiscally responsible and also seem like they are still living in the depression era with the amount of money they keep stashed away. But recently they have seen huge increases in capital from their recent technological boom. Many of their shareholders are not happy with the amount they have saved up for extra which last quarter amounted to 23 billion dollars. That amount of money is obnoxious for something that they cannot control. Leaving their shareholders in the dark and feeling like they want more.
Apple is currently one of the most successful stocks on the NASDAQ. Shareholders might be offended that they are not receiving a dividend, they are obviously doing something right. By keeping large capital reserves, Apple is able to reinvest and continue to innovate their products.
ReplyDeleteLast sem, I owned a galaxy S2, which is a pretty cool phone, with a lot of small irritating problems such as wifi stopped working, headphone jack stopped working, etc. Last semester I picked up an iphone 5 and love it. The bottom line is this, I've heard plenty of Samsung users saying they want to switch to an Iphone , but have never come across an Iphone user who's dying to switch over to a samsung.
ReplyDelete^ I completely agree with this comment. I have had plenty of phones and can sometimes be rough on them and it causes many issues. I have had the iPhone for almost 2 years now and it has always been great. Apple has advanced technology an unthinkable amount and as Will said, when you look at their stock, it resembles their success.
ReplyDeleteI have always avoided the iPhone for the sole reason that it is too popular. But we can't deny the fact that it is popular for a reason. As the above comments have mentioned, the iPhone does excel in terms of quality when compared to other phones in the market. Apple basically revolutionized the cell phone market when they first put the iPhone on the market almost 6 years ago. Look where they are now, constantly updating their product, always one step ahead of their competitors. And as Will mentioned above, keeping large capital reserves is the way to lead the market.
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