Showing posts with label Apple bond issue. Show all posts
Showing posts with label Apple bond issue. Show all posts

Tuesday, April 30, 2013

Apple leaves tech innovation behind to focus on balance-sheet innovation

What would Steve Jobs think of the Apple bond issue?

Apple's $17 billion bond issue seems like an unnecessarily convoluted method of getting some of the cash horde "into the hands of the shareholders."

Although I suppose the fees earned by Goldman Sachs will quiet some of the squeakiest wheels clamoring for that cash.

Why does Tim Cook think this is a good idea? When you're sitting on 150 billions, you don't need to give a shit what the shareholders think.

Or what the self-dealing opportunists at GS think.

Focus on making great product, not keeping those so-called activist investors placated.