Monday, March 19, 2012
Apple Just Keeps Getting Better.
Today Apple stays above $600 with the over flow of good news. The first thing they announced is a 2.65 dividend per share. Also they said they will spend 10 billion dollars on the share buyback. So they will over all 45 billion dollars on a share payback and dividends. Then after all that good news that got the stock surge so high already they announced that in 1 weekend they sold 3 million new iPad which is the best weekend ever. But there is still the question what is the point of the name of the iPad the NEW iPad.
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Corrections: $2,65 per share, 10bn on buybacks alone, 45bn combined
ReplyDeletePoint of name is less focus on the naming, more about the product itself. (Ref everyone who said the iPhone 4S was a disappointment because it wasn't called the iPhone 5). Ever wonder why all car companies have unmemorable model names? More brand recognition, less model recognition.