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All posts tagged "stockholder"


Monday, March 19, 2012

Apple Announces Dividend and Stock Buyback Program This Morning

Posted by Jeff Campbell in "Apple News" @ 08:50 AM

http://www.macobserver.com/tmo/arti...=rss_everything

"Apple announced it a shareholder dividend and stock buyback program on Monday, and Sterne Agee analyst Shaw Wu thinks the plan is a good idea. Company CEO Tim Cook and CFO Peter Oppenheimer discussed the program during a special conference call with analysts early Monday morning."

Apple has built up a cash surplus of $97 billion dollars from short term investments, so it really had to do something with all that money. Before the fiscal year ends this fall, Apple will start the $2.65 USD per share dividend, as well as a program to buy back roughly $10 billion in shares before the end of the calendar year. Good news for stockholders.


Thursday, February 24, 2011

iOS App Store Just Breaks Even

Posted by Jeff Campbell in "Apple Software (OS X)" @ 07:00 AM

http://www.macobserver.com/tmo/arti...ove_break_even/

"Apple runs its popular App Store for iOS mobile apps just above the breakeven mark, according to Apple CFO Peter Oppenheimer. Mr. Oppenheimer made the announcement during today's Apple shareholder meeting - one of the few revelations unveiled during the event - in response to a question about the company's iOS subscription plan for newspapers and magazines."

This was from the stockholder's meeting yesterday, during a question and answer section with Tim Cook, Phil Schiller and Peter Oppenheimer. I remember reading about similar statements, mostly about iTunes and the fact that it wasn't operated as a profit generator so I can't imagine them planning on operating any of the app stores as profit generators either. It certainly generates some profit, but their goal has always been the hardware sales and keeping customers involved in the Apple infrastructure, or ecosystem as some analysts have called it.


Thursday, January 13, 2011

Apple Announces Annual Shareholder Meeting for 2/23/11

Posted by Jeff Campbell in "Apple Events" @ 05:58 PM

http://www.macobserver.com/tmo/arti...or_february_23/

"Apple will be hosting its annual shareholder meeting on Wednesday, February 23, at 10 AM pacific time. The company will be hosting the event for shareholders at its Cupertino offices and along with the usual meeting business will consider shareholder proposals, and answer shareholder questions."

All that is required if you want to attend is to have Apple shares that are registered in your name. This meeting will include a vote for board of directors and also a vote on Ernst & Young, to see if they will continue to be the company's independent accounting firm. Sounds like dry stuff but if you are interested in it, know you now when it is. More info can be found at the Apple site for investors, and it's also where you can download your proxy material if that is what you need.


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