Finally, Apple listened to Michael Dell: they’re giving the money back to the shareholders, exactly 2,65$ a share.
Tim Cook announced in a conference call yesterday that Apple will initiate a dividend and a share repurchasing program using 10 of their 100 billion to do so in the next 3 years.
But they didn’t talk only about this, Tim Cook, asking an inappropriate question said:
We love to announce new products, we just don’t do it in conference calls
Of course, he’s right!
Update: and their cash will still grow according to the latest predictions.