Re:Apple execs: Let's take a 30% cut of Uber and Lyft's memb...
by arcticbull on Wednesday January 12, 2022 @07:05PM
(#29914767)
> ... sitting on a mountainous pile of cash.
And distributing a mountainous pile of cash to shareholders. In FY2021 alone, Apple repurchased $85.5 billion dollars worth of shares and spent $14.5 billion dollars on dividend issuance. That's 1/10th of a trillion dollars per year in distributions. [1]
Buffet alone collected almost $1B in dividends since taking his position. [2]
And distributing a mountainous pile of cash to shareholders. In FY2021 alone, Apple repurchased $85.5 billion dollars worth of shares and spent $14.5 billion dollars on dividend issuance. That's 1/10th of a trillion dollars per year in distributions. [1]
Buffet alone collected almost $1B in dividends since taking his position. [2]
[1] https://www.cnbc.com/2022/01/03/apples-3-trillion-market-cap...
[2] https://markets.businessinsider.com/news/stocks/warren-buffe...