Has Apple Jumped the Shark?
I really thought Apple (AAPL) was going to announce they had signed Peyton Manning this morning, but instead they announced a $2.65 a share quarterly dividend, along with a $10 billion buyback, which is just being done to offset dilution.
The buyback isn't a bad use of cash, but it really doesn't change much in the way of fundamentals in the grand scheme of things. The question now is whether this move marked the top in AAPL? Has AAPL jumped the shark?...357 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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