Apple announcing what it plans to do with its' 97 billion cash on hand!

[Covertibility]

They're gonna buy the NASA shuttles and send astronauts to the moon to paint the Apple logo on it. Best advertising space evah!

 

[Mr. M]

Quote from Covertibility:

They're gonna buy the NASA shuttles and send astronauts to the moon to paint the Apple logo on it. Best advertising space evah!

They could too! A shuttle costs around $1.7 Billion to build and $450 million to launch it into orbit. A moon expedition would eat the rest of that 100 Billion though probably. Interesting to know that they have the means to do it.

Shuttle Costs Source: http://www.nasa.gov/centers/kennedy/about/information/shuttle_faq.html#1

 

[Mr. M]

I was just thinking: Stock Split? Then they'd do some acquisitions after? They might do this instead of a dividend. I would think a dividend would send out the wrong signal.

 

[peilthetraveler]

Quote from Mr. M:

They could too! A shuttle costs around $1.7 Billion to build and $450 million to launch it into orbit. A moon expedition would eat the rest of that 100 Billion though probably. Interesting to know that they have the means to do it.

Shuttle Costs Source: http://www.nasa.gov/centers/kennedy/about/information/shuttle_faq.html#1

No, thats how much it costs a bureaucratic government to build and launch a shuttle. It cost $26 million to design & build Spaceship one (virgin Galactic).

If you gave a private firm $1 billion dollars, they could probably send a human to mars with that money.

Look at NASA...They were ordered to waste 1.4 million dollars per day on a defunct project because of bureaucracy.
http://articles.orlandosentinel.com...110323_1_spending-bill-partisan-politics-nasa

 

[JJacksET4]

They could buy all +/- 40,000,000 acres of farmland in North Dakota for ~$2300 per acre.

 

[nazzdack]

Quote from ForexForex:
----buy back some AAPL shares.

I wish! That ought to be extremely bearish! :eek:

 

[Rehoboth]

97 billion tacos from Del Taco...

 

[atticus]

Quote from Mr. M:

I was just thinking: Stock Split? Then they'd do some acquisitions after? They might do this instead of a dividend. I would think a dividend would send out the wrong signal.

Don't try to think. How does the split impact cash reserves?

 

[Arnie]

Quote from Mr. M:

While I did laugh at this initially; purchasing a carrier would ensure the longevity of it's product line while increasing Apple's ability to control its' business ecosystem.

This would be an extremely dumb move. Think about it.

 

[noob_trad3r]

2.65 share dividends. But at least Apple is upfront on the 10B a year buyback mainly going to be a net wash for investors since it will be just buying back newly minted shares handed out to insiders.