Monday, December 7, 2015

Will Tim Cook Empty Out Apple's ATM?

Apple's legendary founder Steve Jobs may not be around, but the company he started has turned into an ATM machine, dispensing billions of dollars in profits. His successor, Tim Cook, has been doing a great job in managing the machine--making sure that it is running properly; and funds are dispensed to shareholders with dividend hikes and stock buybacks. That's certainly music in the ears of corporate activists who have been pushing for shareholder-friendly policies. Apple’s Key Financial Metrics As of December 5, 2015

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