Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o...
by mypastself on Wednesday March 27, 2024 @08:58AM
(#39838458)
If the company (and the industry) is maturing, then buybacks and dividends are indeed a sign of confidence.
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Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o...
by phil21 on Wednesday March 27, 2024 @09:08AM
(#39838562)
Buybacks are a tax dodge. Nothing else. Dividends are the proper way to pay out excess cash the enterprise generates. Society decided how much to tax such distributions, and a certain class of people didn't like paying even that laughably small share.
Buybacks were justified by a whole lot of things that simply are outright lies. Take away the tax benefit and you'd see them go away overnight.
Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o...
by mypastself on Wednesday March 27, 2024 @09:18AM
(#39838642)
Discussions on the morality of buybacks are unrelated to the question of whether or not Apple’s ratio of R&D to buybacks (and dividends, which are also referenced in the filing) indicates lack of confidence in the company’s prospects.
Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o...
by ozborn on Wednesday March 27, 2024 @09:08AM
(#39838554)
Dividends are taxed directly and generally aren't tied to CEO compensation, unlike buybacks. Buybacks are more a sign of management incentive structure.
Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o...
by mypastself on Wednesday March 27, 2024 @09:27AM
(#39838763)
The filing references dividends in addition to buybacks, stating that their ratio to R&D indicates anti-competitive behavior.