Apple has so much cash it is becoming a burden!!! Too much money than they know what to do with!!! They have $97 billion in cash!!! It must be orgasmic to be an Apple share holder!
Investor who bought apple shares 10 years ago have seen the value of their increase 40 times - From $15 to $600.
40 times!!! Imagine having put Kshs. 3m in 2002 and now it is worth Kshs. 120m!!! And as if that is not enough, Apple is still one of the fastest growing company - if not the fastest!!!
Some links:
What to do with all this cash??? It's becoming a burden!!!Stock Buy BackApple hits the $400B Market Cap mark!Double in Three YearsOlder article
More Cash Than the US GovernmentHabari ndiyo hiyo.
Moral of the story: Find your "Apple" and stick with it. @guru has Jubilee & KCB, @CDE is roar damu, @VVS has Kobil snd sppsrently @mpenzi has paka!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.