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Re:Apple More than Doubles Capital Return Program by hkmurakami on Tuesday April 23, 2013 @11:12PM (#5599496)
I'm so torn about this.

As a shareholder, it's great news for me. But as a member of the tech industry and generally idealistic guy, it hurts to see them bending to the calls of the finance industry.

Re:Apple More than Doubles Capital Return Program by pilom on Tuesday April 23, 2013 @11:33PM (#5599597)
It is not the finance industry which would push for this, it is the shareholders. When you take a company public, you give away some control of the company. Now some of those controlling interests think that Apple shouldn't sit on one of the largest cash reserves in history. If you don't like this, work with private companies.
Re:Apple More than Doubles Capital Return Program by nikhilsaraf9 on Tuesday April 23, 2013 @11:52PM (#5599679)
I agree with you that the shareholders control public companies (mainly by the stock price). In a free market this would mean that the stock holders have indirectly indicated that it is best for Apple to give back cash instead of hoarding it because they feel Apple has no better investment they can make. IMO Apple has so much in cash reserves that if they tried to invest most of it they would be very loose and would make not so lucrative investments, so it may just be best that they return some of it back the way they are, and also invest some more in R&D.
Re:Apple More than Doubles Capital Return Program by spoiledOldGuy on Tuesday April 23, 2013 @11:27PM (#5599561)
I agree with you the fact that WallStreet continues to bend them for about a couple of weeks just so they could control the market. Maybe Apple needs to go private so there won't be anymore pressure from the so called finance industry and they could concentrate again to build awesome products.
Re:Apple More than Doubles Capital Return Program by kooshball on Tuesday April 23, 2013 @11:40PM (#5599624)
> Maybe Apple needs to go private so there won't be anymore pressure from the so called finance industry and they could concentrate again to build awesome products.

This doesnt really make sense in Apple's case since they're at a such a gigantic size. The closing market cap 381B - cash 145B is a huge number. Who's going to pitch in to buy the rest of those shares? Good luck getting that done without any input from those you call the "finance industry".

Re:Apple More than Doubles Capital Return Program by 1945 on Tuesday April 23, 2013 @11:39PM (#5599617)
How could they possibly raise roughly 250b (when you subtract their cash) to take the company private?