jz
Member
"Study the natural order of things and work with it rather than against it." -- Lao Tsu
Posts: 162
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Post by jz on Feb 1, 2015 9:53:36 GMT -8
It seems not so long ago on this Board we were giddy about Apple's market cap overtaking Microsoft...
APPLEINSIDER: This week, both Microsoft and Apple unveiled their latest earnings, and the once unthinkable became reality: Apple’s market capitalization hit $683 billion, more than double Microsoft’s current value of $338 billion.
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Post by rob_london on Feb 1, 2015 11:02:09 GMT -8
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Post by electrobuzz on Feb 1, 2015 11:57:19 GMT -8
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Post by chasmac on Feb 1, 2015 18:00:03 GMT -8
chasmac I respectively disagree. First no one knows what Apple would do with any repatriated funds. Second, while buybacks and dividends do help the wealthy, they also help millions of people like it did my parents. My dad was in the military, not a good plan to become wealthy, but he & my mother invested what they could almost exclusively in mutual funds. Typical investing strategy of the middle class. Any buybacks and/or dividends directly increase the worth of stocks and therefore mutual funds. In doing so, that allows people like my parents, when they were alive, to have a comfortable retirement without placing an extra burden on our already overtaxed social programs. It allowed them the benefit of spending more money which was injected into the economy. My parents were typical of the millions of fiscally responsible adults that saved their entire lives for retirement. I agree buybacks and dividends reward the wealthy but these same tools help all of the average people that struggle to save and not end up wards of the government. A side benefit of the injection of trillions of dollars into the economy could be a drag on interest rates, a very huge benefit to our government. Any rapid increase in interest rates would be devastating because our government has so much debt. Rick, I appreciate your comment. The problem today is that so few Americans have savings and percentage-wise, very few are invested in the market. So the money does end up in the hands of wealthier Americans. So, left to their own devices, what would Apple do with the money and why?
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Deleted
Deleted Member
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Post by Deleted on Feb 1, 2015 18:18:21 GMT -8
Watch Belichick grab the helium bottle if the SupaBowl comes down to a field goal. The Patriots ARE the Samsung of football.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Feb 1, 2015 18:22:03 GMT -8
Well, welcome to Californians' strange world. Thank God Barbara Boxer is retiring. She's the worst. It is pretty disturbing that a Libertarian like Paul would sign off on this micromanaging of corporate profits. Amazing that the libs think a trillion of borrowed dollars dumped into the economy is a "stimulus", but God forbid stockholders be given their own, already-taxed (and to be taxed again at the individual level) dividend money! Every other country but the US has a territorial tax regime. Hopefully this nonsense will be removed from the final bill. Imagine what Apple could do with $100+B, and the potential effects on AAPL. Thought you retired? It was such a pleasant place... How many employees would Apple hire? ZERO. Why would they hire anyone else, they already have the money to add tons of employees but they don't since they only employ what they need. Tim Cooks not sitting there thinking, jeez Louisiana, I wish I had some more cash so I could add new employees, we really could use them. They have to force them to invest in something that actually creates jobs and puts money in the pockets of people that actually spend it. Btw, last time we had a tax repatriation holiday, most of the money went to mgmt./stockholders/buybacks which only makes the wealthy wealthier. Why would I retire from posting when I can merrily point out what a fraud you and your lefty ilk are? You seem to think corporations are jobs programs, instead of profit vehicles for investors. And yet, somehow, you manage to fight through your tears, and continue to profit from holding the stock. And I assume you continue to cash those dividend checks, and I assume you tell your tax preparer to take every last deduction to reduce your tax bill? You've been on this capitalist investor forum for how many years now, rooting for AAPL to go up? And yet you have the audacity tut-tut wealth creation? What a hypocrite! You're welcome to give all your dividends to some homeless charity if you like. And the IRS has a provision for giving more taxes than you owe, if you'd like me to post the link. Or is it just other people's money that you are generous with? As for myself, I shall unabashedly enjoy the profits from my risk taking, and the liberal thieves can kiss my ass! My money, keep your mitts off, thieves! I'll let the rest of the board decide if this is a more pleasant place when we're being lectured by lefties that Apple's already-taxed foreign profits should be stolen to pay for more of Obama's digging holes and filling them up again.
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Post by rickag on Feb 1, 2015 18:56:02 GMT -8
chasmac I respectively disagree. First no one knows what Apple would do with any repatriated funds. Second, while buybacks and dividends do help the wealthy, they also help millions of people like it did my parents. My dad was in the military, not a good plan to become wealthy, but he & my mother invested what they could almost exclusively in mutual funds. Typical investing strategy of the middle class. Any buybacks and/or dividends directly increase the worth of stocks and therefore mutual funds. In doing so, that allows people like my parents, when they were alive, to have a comfortable retirement without placing an extra burden on our already overtaxed social programs. It allowed them the benefit of spending more money which was injected into the economy. My parents were typical of the millions of fiscally responsible adults that saved their entire lives for retirement. I agree buybacks and dividends reward the wealthy but these same tools help all of the average people that struggle to save and not end up wards of the government. A side benefit of the injection of trillions of dollars into the economy could be a drag on interest rates, a very huge benefit to our government. Any rapid increase in interest rates would be devastating because our government has so much debt. Rick, I appreciate your comment. The problem today is that so few Americans have savings and percentage-wise, very few are invested in the market. So the money does end up in the hands of wealthier Americans. So, left to their own devices, what would Apple do with the money and why? What about 401K plans, which are exclusively invested in mutual funds? I assume your numbers don't include mutual funds, which is the stock market. And on top of that dividends paid by mutual funds outside of 401K and retirement accounts are taxed the year they are paid even if reinvested back into the fund.
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Post by phoebear611 on Feb 1, 2015 19:08:18 GMT -8
It's like I always told my son...keep your mouth shut and do your talking on the field...show 'em what you're made of I still love you, Red
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Post by Red Shirted Ensign on Feb 1, 2015 19:29:23 GMT -8
Love you too phoebes. What a game! And ugh on that last play call.
The noble Chinacat, he of of Boston, and I had s sidebet in place for the last week. Hawks/pats straight up. I'll be gladly cutting a check to the charity of his choice on Monday. Congrats sir, and to the city of Boston. Please excuse me now.. I have an offensive coordinator to lynch
Please excuse me now,
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Deleted
Deleted Member
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Post by Deleted on Feb 1, 2015 19:54:30 GMT -8
The Patriots didn't win the game; the Seahawks lost it. Kim Kardashian with hemorrhoids could have scored from the 1 yard line. I'm incredulous.
But the futures are green so all is well in the world....
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Post by phoebear611 on Feb 1, 2015 20:08:13 GMT -8
The Patriots didn't win the game; the Seahawks lost it. Kim Kardashian with hemorrhoids could have scored from the 1 yard line. I'm incredulous. But the futures are green so all is well in the world.... True - clearly true. My son was rooting for Seattle as was my husband and they just couldn't believe that last play...nor could I...but it is what it is and you can't rewrite history. Alas, history will simply list the Super Bowl as the Patriot's "Wicked Fourth!"
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Post by phoebear611 on Feb 1, 2015 20:12:22 GMT -8
To be clear - my New York teams had a disastrous year. I could have played against them and won. It was awful and they (particularly the Jets) are in a complete state of disarray...so cheer up. Lots more important things in life...like AAPL :-)
FYI - there is a great documentary on Archie Manning and his also famous sons. It's very touching- called ""The Book of Manning" - one of the cable companies is running it. It's excellent.
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Deleted
Deleted Member
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Post by Deleted on Feb 1, 2015 20:18:45 GMT -8
I'm writing the NFL to investigate the first successful case of inception, wherein Bellichick planted the pass play into the Seahawk coach's noggin. All other explanations fail....
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Post by BillH on Feb 1, 2015 20:42:08 GMT -8
For one not emotionally invested in the outcome may I chirp in with what a great game it was. We're starting to generate a thesis whereby there may be an inverse relationship between the quality of the games and the quality of the commercials. Will get back to you on that but in the meantime, consider next years Viking/Seahawk battle and...,no wait...,that's right...,we suck. Almost forgot.
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jz
Member
"Study the natural order of things and work with it rather than against it." -- Lao Tsu
Posts: 162
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Post by jz on Feb 2, 2015 0:28:54 GMT -8
The Patriots didn't win the game; the Seahawks lost it. Kim Kardashian with hemorrhoids could have scored from the 1 yard line. I'm incredulous. But the futures are green so all is well in the world.... Yes, the Seahawks lost the game via that unfathomably perplexing call, but from another vantage point, the Patriots interceptor seized victory from the jaws of defeat. As a former linebacker, I love seeing a game that gives credence to the old adage "Defense wins championships." I also concur that green futures mean more to me than Super Bowl fortunes. I sold at $119 and bought at $117.20. I'm hoping that tomorrow makes me look much smarter than Pete Carroll or whoever decided to pass on second down from the 1 yard line instead of the no-brainer Marshawn Lynch option.
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jz
Member
"Study the natural order of things and work with it rather than against it." -- Lao Tsu
Posts: 162
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Post by jz on Feb 2, 2015 0:35:53 GMT -8
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