Apple's Cash Pile

(Reuters) - orc profound apple tree Inc has nearly $29 billion of cash on hand, a pile of m maveny exceeded at only one other tech company, only when if the past is any pass declineholders arent standardizedly to share in the wealth any succession soon. The iPod, Mac and iPhone maker does not routinely pay a dividend, repurchase stock, or acquire companies, so what it will do with its war chest presents something of a mystery. Many analysts are doubting that Apple will distribute any of the money via dividend or buy back shares, separateing being flush is never a bad thing, especially in an uncertain economy. precisely not all analysts agree. I think the pressure is definitely mounting, said Scotia Capital analyst Gus Papageorgiou. Its just too regretful a number ... the cash belongs to the shareholders, the shareholders dont need Apple to invest the cash, they need Apple to generate the cash. Other analysts say there is some pressure on Apple from shareholders, but that it isnt huge because the company has demonstrated a knack for crunch out growth even in a dispirited market, which helps mute much of the grousing from investors. Apple has a history of stash cash for a rainy day, said Jeffrey Lin, an analyst at TCW Group. TCW Asset Management owns roughly 2.4 million Apple shares.

Although he would not mind seeing a dividend, Lin said stock buybacks project not been proven to boost share prices. Moreover, thats not why people buy Apples shares. A dole out of people would like to see it happen ... but I think more people care about the crumb line, Lin said. If the companys beating numbers and executing well its hard for somebody not to own ... you may not like it, but its not going to keep you from owning it. Apples investors have seen handsome returns without the benefit of buybacks or dividends. The stock has nearly quadrupled since the convey of 2005. Over that same period, the Morgan Stanley High-Technology index of major tech stocks has declined by more than 15 percent. Apple... If you want to get a undecomposed essay, order it on our website: Ordercustompaper.com

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