Quote from blowingup2012:
Im sure Steve Jobs had made a very detailed plan before he passed away and hand chose Tim Cook to carry out that plan. Im sure there were detailed discussions and even written out plans on how to handle that pile of money.
I will put my two cents in on this issue. I think the analysts want a dividend, but Tim Cook will not give them one. Instead, they will use that money to develop more products. Why give away a dividend when you dont really need to?
Great logic. What co is forced to pay a dividend (excluding REITs)? I'd bet they have enough in R&D, genius. A dividend and/or share buy-back. Probably on the order of 1-2% on both (div-yield and total share repurchase).
There is no way that Cook is going to pay a multiple of LIBOR. Div of 2% or less.
