Wednesday, February 13, 2013

Unusual Moves in Confronting Apple's Mountain of Cash - NYTimes.com

Closing paragraph of a stark reality check on investor priorities; on a related note, see Dell’s Gigantic Tax Dodge (Slate)
"And that’s the oddest thing of all. Despite Apple’s growing cash pile, the company’s value is shrinking. But instead of focusing on making Apple an even better business, shareholders are trying to rescue their bubblelike bets with financial gimmickry, and Apple is engaging in its own gimmicks to defeat them. Even Apple can be consumed by the strange world of Wall Street."
Unusual Moves in Confronting Apple's Mountain of Cash - NYTimes.com
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