Since becoming Meta, Facebook’s parent company has lost US$650B

Re:Since becoming Meta, Facebook’s parent company has lost U... by sircastor on Saturday October 29, 2022 @12:28AM (#33380970)

Apple paying dividends is a relatively new thing. It never did under Jobs. He was adamantly against it. Adobe doesn’t, Alphabet doesn’t Netflix doesn’t.

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Re:Since becoming Meta, Facebook’s parent company has lost U... by Fomite on Saturday October 29, 2022 @12:37AM (#33381016)

It's now more than 10 years ago.

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Re:Since becoming Meta, Facebook’s parent company has lost U... by Cupertino95014 on Saturday October 29, 2022 @01:11AM (#33381171)

I said "mature." There are companies other than high tech.

The presumption was always "high tech companies have so many opportunities to reinvest their profits, they shouldn't pay any dividends."

If that's really true, then they shouldn't. However, if they can't use the money effectively, then the dividend is the responsible option. Even a one-time payout, like https://www.nytimes.com/2004/07/21/business/technology-micro....

It does seem clear that MZ can't be trusted with all that cash.

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