t*c
2 楼
花姐真是贪婪啊
g*t
3 楼
花街代表的是股东利益。
这也是可以理解的。
我之前说过这个问题。没几个人赞同。
假如有人有投资实体生意，哪怕是subway,多半也会赞同
你想想，假如你是一个麦当劳的owner,
这家店的经理把价值你店1/4的现金放会计那儿。
你问他要，他多方推脱。你会爽吗
【在 t**c 的大作中提到】
: 花姐真是贪婪啊
这也是可以理解的。
我之前说过这个问题。没几个人赞同。
假如有人有投资实体生意，哪怕是subway,多半也会赞同
你想想，假如你是一个麦当劳的owner,
这家店的经理把价值你店1/4的现金放会计那儿。
你问他要，他多方推脱。你会爽吗
【在 t**c 的大作中提到】
: 花姐真是贪婪啊
l*t
4 楼
Link?
【在 g****t 的大作中提到】
: 我的理解：
: Aapl总算肯拿钱出来给walstreet了
: 估计下面会持续猥琐的一点点吐钱
: 股价下季报之前拉到新高
e*r
5 楼
I don't think you understand Apple's cash situation.
It has a $200 billion capital return program in place for years now -- Apple
has been returning money back to shareholders in forms of dividends and
share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
to pay 35% tax to US government if it wants to bring the money back into US
(note: Apple can only use domestic cash to pay dividends or do share
buybacks).
Unless the tax law changes, it would be insane (and detrimental to
shareholders)
for Apple to bring back the overseas cash.
After setting money aside necessary for its operations, apple is pretty much
returning all of its domestic cash and on top of that, it is borrowing
money against its cash overseas by issuing bonds. So there is nothing "猥琐"
about what apple is doing with its cash... in fact it is quite generous and
smart. Smart because when you buy back shares, then no longer the need to
pay out dividends for those shares to be retired. Apple borrowing interest
is a bit over 2%, AAPL current dividend yield is around 1.75%... so the
effective interest rate for apple to borrow money to do share buybacks is
around ~0.5% at the worst case, and for the shares bought back at much lower
price, apple is in fact paying negative interest rate (earning money).
BTW, it is silly of you to think of Wall Street as an entity shares the same
interest with AAPL shareholders --- especially those who are holding it for
the long term.
【在 g****t 的大作中提到】
: 我的理解：
: Aapl总算肯拿钱出来给walstreet了
: 估计下面会持续猥琐的一点点吐钱
: 股价下季报之前拉到新高
It has a $200 billion capital return program in place for years now -- Apple
has been returning money back to shareholders in forms of dividends and
share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
to pay 35% tax to US government if it wants to bring the money back into US
(note: Apple can only use domestic cash to pay dividends or do share
buybacks).
Unless the tax law changes, it would be insane (and detrimental to
shareholders)
for Apple to bring back the overseas cash.
After setting money aside necessary for its operations, apple is pretty much
returning all of its domestic cash and on top of that, it is borrowing
money against its cash overseas by issuing bonds. So there is nothing "猥琐"
about what apple is doing with its cash... in fact it is quite generous and
smart. Smart because when you buy back shares, then no longer the need to
pay out dividends for those shares to be retired. Apple borrowing interest
is a bit over 2%, AAPL current dividend yield is around 1.75%... so the
effective interest rate for apple to borrow money to do share buybacks is
around ~0.5% at the worst case, and for the shares bought back at much lower
price, apple is in fact paying negative interest rate (earning money).
BTW, it is silly of you to think of Wall Street as an entity shares the same
interest with AAPL shareholders --- especially those who are holding it for
the long term.
【在 g****t 的大作中提到】
: 我的理解：
: Aapl总算肯拿钱出来给walstreet了
: 估计下面会持续猥琐的一点点吐钱
: 股价下季报之前拉到新高
g*t
6 楼
你找个现金比例更高的跨国公司出来我看看。回购计划和它现金的增长成比例吗？
为毛上季度增长那么多现金？
你说的就跟别的公司没有海外收入问题似的。
Apple
has
US
【在 e*********r 的大作中提到】
: I don't think you understand Apple's cash situation.
: It has a $200 billion capital return program in place for years now -- Apple
: has been returning money back to shareholders in forms of dividends and
: share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
: to pay 35% tax to US government if it wants to bring the money back into US
: (note: Apple can only use domestic cash to pay dividends or do share
: buybacks).
: Unless the tax law changes, it would be insane (and detrimental to
: shareholders)
: for Apple to bring back the overseas cash.
为毛上季度增长那么多现金？
你说的就跟别的公司没有海外收入问题似的。
Apple
has
US
【在 e*********r 的大作中提到】
: I don't think you understand Apple's cash situation.
: It has a $200 billion capital return program in place for years now -- Apple
: has been returning money back to shareholders in forms of dividends and
: share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
: to pay 35% tax to US government if it wants to bring the money back into US
: (note: Apple can only use domestic cash to pay dividends or do share
: buybacks).
: Unless the tax law changes, it would be insane (and detrimental to
: shareholders)
: for Apple to bring back the overseas cash.
e*r
7 楼
you still don't get it. This is an apple-specific situation: no company has
ever been this profitable and accumulated this much cash this fast. There is
no SOP to follow in terms of how to deal with this big an overseas cash
pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
, GET IT? Immediately losing 35 cents on the dollar just to bring it back
into US does not make any financial sense. The best alternative is to take
advantage of the low interest rate (2%) and instead using the overseas cash
as collateral to borrow if money is needed.
Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
dollars back to shareholders (14 billion in share buybacks, 3 billions in
dividend payments). Apple is already using almost all of its domestic cash
and at the same time borrowing money in order to return value back to
shareholders. I don't think there is more that you can ask from Apple.
Having too much cash on hand is a high-class "problem", apple shareholders
should feel lucky that the management is dealing with it in a methodical and
conservative (i.e. not taking on too much debt at once) manner.
【在 g****t 的大作中提到】
: 你找个现金比例更高的跨国公司出来我看看。回购计划和它现金的增长成比例吗？
: 为毛上季度增长那么多现金？
: 你说的就跟别的公司没有海外收入问题似的。
:
: Apple
: has
: US
ever been this profitable and accumulated this much cash this fast. There is
no SOP to follow in terms of how to deal with this big an overseas cash
pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
, GET IT? Immediately losing 35 cents on the dollar just to bring it back
into US does not make any financial sense. The best alternative is to take
advantage of the low interest rate (2%) and instead using the overseas cash
as collateral to borrow if money is needed.
Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
dollars back to shareholders (14 billion in share buybacks, 3 billions in
dividend payments). Apple is already using almost all of its domestic cash
and at the same time borrowing money in order to return value back to
shareholders. I don't think there is more that you can ask from Apple.
Having too much cash on hand is a high-class "problem", apple shareholders
should feel lucky that the management is dealing with it in a methodical and
conservative (i.e. not taking on too much debt at once) manner.
【在 g****t 的大作中提到】
: 你找个现金比例更高的跨国公司出来我看看。回购计划和它现金的增长成比例吗？
: 为毛上季度增长那么多现金？
: 你说的就跟别的公司没有海外收入问题似的。
:
: Apple
: has
: US
g*t
8 楼
你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
估计你还没在股票版。
Aapl正现金流特别多是不假。
但是其现金积累到市值这么大比例。
管理层绝对有责任。
我还是那句话，它有税的问题，
别的公司就没有吗？为什么别的公司累计不出来
这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
从历史上来说，aapl也有过分红4%以上的阶段。
这怎么解释？那时候为啥不拿省税做借口？
现金多管毛用。现在aapl的问题就一句话：
分红和回购太少。股价上不去，省那点分红税有毛用啊。
has
is
LAW
back
cash
billion
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
估计你还没在股票版。
Aapl正现金流特别多是不假。
但是其现金积累到市值这么大比例。
管理层绝对有责任。
我还是那句话，它有税的问题，
别的公司就没有吗？为什么别的公司累计不出来
这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
从历史上来说，aapl也有过分红4%以上的阶段。
这怎么解释？那时候为啥不拿省税做借口？
现金多管毛用。现在aapl的问题就一句话：
分红和回购太少。股价上不去，省那点分红税有毛用啊。
has
is
LAW
back
cash
billion
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
e*r
9 楼
I had a good laugh at "你这个属于无知了。以前CVX什么的创造单季度历史纪录的时
候估计你还没在股票版"... It's cute for you to think that having been on this
"股票版" long enough automatically lends you the nobility of Warren Buffet.
Just a few points for you to consider:
1. you make it sound like a crime for the management to run a successful
business and have made this much profit.
2. Chevron is a US-based company makes most of its profits in the US. When
was the last time Chevron had to worry about $180+ billions stashed overseas
?
3. When Apple is paying 4% dividend, it was making most of its profits in
the US. Today's Apple makes most of its profit overseas, and to distribute
hundreds of billions of dollars is a different process from giving out a few
millions of dollars.
4. You clearly don't understand the tax consequence of repatriating profits
made by a US-based company outside of US.
5. Guess what Google, Microsoft or GE do with their profits made outside of
US? They remain outside of the US. Their cash piles are not as big as Apple'
s .... not because these companies were doing something about their overseas
cash... it's simply because they could not make as much.
Just tell us what your solution is for Apple's overseas cash pile, besides
what Apple's already doing and waiting for tax reform or one-time tax
holiday? To think yourself knows better than Tim Cook and co. who actually
run a $650+ billion market cap company is... should I say... foolish?
【在 g****t 的大作中提到】
: 你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
: 估计你还没在股票版。
: Aapl正现金流特别多是不假。
: 但是其现金积累到市值这么大比例。
: 管理层绝对有责任。
: 我还是那句话，它有税的问题，
: 别的公司就没有吗？为什么别的公司累计不出来
: 这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
: 从历史上来说，aapl也有过分红4%以上的阶段。
: 这怎么解释？那时候为啥不拿省税做借口？
候估计你还没在股票版"... It's cute for you to think that having been on this
"股票版" long enough automatically lends you the nobility of Warren Buffet.
Just a few points for you to consider:
1. you make it sound like a crime for the management to run a successful
business and have made this much profit.
2. Chevron is a US-based company makes most of its profits in the US. When
was the last time Chevron had to worry about $180+ billions stashed overseas
?
3. When Apple is paying 4% dividend, it was making most of its profits in
the US. Today's Apple makes most of its profit overseas, and to distribute
hundreds of billions of dollars is a different process from giving out a few
millions of dollars.
4. You clearly don't understand the tax consequence of repatriating profits
made by a US-based company outside of US.
5. Guess what Google, Microsoft or GE do with their profits made outside of
US? They remain outside of the US. Their cash piles are not as big as Apple'
s .... not because these companies were doing something about their overseas
cash... it's simply because they could not make as much.
Just tell us what your solution is for Apple's overseas cash pile, besides
what Apple's already doing and waiting for tax reform or one-time tax
holiday? To think yourself knows better than Tim Cook and co. who actually
run a $650+ billion market cap company is... should I say... foolish?
【在 g****t 的大作中提到】
: 你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
: 估计你还没在股票版。
: Aapl正现金流特别多是不假。
: 但是其现金积累到市值这么大比例。
: 管理层绝对有责任。
: 我还是那句话，它有税的问题，
: 别的公司就没有吗？为什么别的公司累计不出来
: 这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
: 从历史上来说，aapl也有过分红4%以上的阶段。
: 这怎么解释？那时候为啥不拿省税做借口？
L*6
10 楼
操你妈逼装逼写尼玛阴语 都是黄皮老中这么装逼干嘛 有种找白屌丝扯蛋 傻逼一个
this
Buffet.
When
overseas
【在 e*********r 的大作中提到】
: I had a good laugh at "你这个属于无知了。以前CVX什么的创造单季度历史纪录的时
: 候估计你还没在股票版"... It's cute for you to think that having been on this
: "股票版" long enough automatically lends you the nobility of Warren Buffet.
: Just a few points for you to consider:
: 1. you make it sound like a crime for the management to run a successful
: business and have made this much profit.
: 2. Chevron is a US-based company makes most of its profits in the US. When
: was the last time Chevron had to worry about $180+ billions stashed overseas
: ?
: 3. When Apple is paying 4% dividend, it was making most of its profits in
this
Buffet.
When
overseas
【在 e*********r 的大作中提到】
: I had a good laugh at "你这个属于无知了。以前CVX什么的创造单季度历史纪录的时
: 候估计你还没在股票版"... It's cute for you to think that having been on this
: "股票版" long enough automatically lends you the nobility of Warren Buffet.
: Just a few points for you to consider:
: 1. you make it sound like a crime for the management to run a successful
: business and have made this much profit.
: 2. Chevron is a US-based company makes most of its profits in the US. When
: was the last time Chevron had to worry about $180+ billions stashed overseas
: ?
: 3. When Apple is paying 4% dividend, it was making most of its profits in
c*y
11 楼
就是个ongoing tax loophole，但是lobby的势力很强大。
has
is
LAW
back
cash
billion
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
has
is
LAW
back
cash
billion
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
w*2
12 楼
thanks
has
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
has
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
g*t
13 楼
我的理解：
Aapl总算肯拿钱出来给walstreet了
估计下面会持续猥琐的一点点吐钱
股价下季报之前拉到新高
Aapl总算肯拿钱出来给walstreet了
估计下面会持续猥琐的一点点吐钱
股价下季报之前拉到新高
t*c
14 楼
花姐真是贪婪啊
g*t
15 楼
花街代表的是股东利益。
这也是可以理解的。
我之前说过这个问题。没几个人赞同。
假如有人有投资实体生意，哪怕是subway,多半也会赞同
你想想，假如你是一个麦当劳的owner,
这家店的经理把价值你店1/4的现金放会计那儿。
你问他要，他多方推脱。你会爽吗
【在 t**c 的大作中提到】
: 花姐真是贪婪啊
这也是可以理解的。
我之前说过这个问题。没几个人赞同。
假如有人有投资实体生意，哪怕是subway,多半也会赞同
你想想，假如你是一个麦当劳的owner,
这家店的经理把价值你店1/4的现金放会计那儿。
你问他要，他多方推脱。你会爽吗
【在 t**c 的大作中提到】
: 花姐真是贪婪啊
l*t
16 楼
Link?
【在 g****t 的大作中提到】
: 我的理解：
: Aapl总算肯拿钱出来给walstreet了
: 估计下面会持续猥琐的一点点吐钱
: 股价下季报之前拉到新高
e*r
17 楼
I don't think you understand Apple's cash situation.
It has a $200 billion capital return program in place for years now -- Apple
has been returning money back to shareholders in forms of dividends and
share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
to pay 35% tax to US government if it wants to bring the money back into US
(note: Apple can only use domestic cash to pay dividends or do share
buybacks).
Unless the tax law changes, it would be insane (and detrimental to
shareholders)
for Apple to bring back the overseas cash.
After setting money aside necessary for its operations, apple is pretty much
returning all of its domestic cash and on top of that, it is borrowing
money against its cash overseas by issuing bonds. So there is nothing "猥琐"
about what apple is doing with its cash... in fact it is quite generous and
smart. Smart because when you buy back shares, then no longer the need to
pay out dividends for those shares to be retired. Apple borrowing interest
is a bit over 2%, AAPL current dividend yield is around 1.75%... so the
effective interest rate for apple to borrow money to do share buybacks is
around ~0.5% at the worst case, and for the shares bought back at much lower
price, apple is in fact paying negative interest rate (earning money).
BTW, it is silly of you to think of Wall Street as an entity shares the same
interest with AAPL shareholders --- especially those who are holding it for
the long term.
【在 g****t 的大作中提到】
: 我的理解：
: Aapl总算肯拿钱出来给walstreet了
: 估计下面会持续猥琐的一点点吐钱
: 股价下季报之前拉到新高
It has a $200 billion capital return program in place for years now -- Apple
has been returning money back to shareholders in forms of dividends and
share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
to pay 35% tax to US government if it wants to bring the money back into US
(note: Apple can only use domestic cash to pay dividends or do share
buybacks).
Unless the tax law changes, it would be insane (and detrimental to
shareholders)
for Apple to bring back the overseas cash.
After setting money aside necessary for its operations, apple is pretty much
returning all of its domestic cash and on top of that, it is borrowing
money against its cash overseas by issuing bonds. So there is nothing "猥琐"
about what apple is doing with its cash... in fact it is quite generous and
smart. Smart because when you buy back shares, then no longer the need to
pay out dividends for those shares to be retired. Apple borrowing interest
is a bit over 2%, AAPL current dividend yield is around 1.75%... so the
effective interest rate for apple to borrow money to do share buybacks is
around ~0.5% at the worst case, and for the shares bought back at much lower
price, apple is in fact paying negative interest rate (earning money).
BTW, it is silly of you to think of Wall Street as an entity shares the same
interest with AAPL shareholders --- especially those who are holding it for
the long term.
【在 g****t 的大作中提到】
: 我的理解：
: Aapl总算肯拿钱出来给walstreet了
: 估计下面会持续猥琐的一点点吐钱
: 股价下季报之前拉到新高
g*t
18 楼
你找个现金比例更高的跨国公司出来我看看。回购计划和它现金的增长成比例吗？
为毛上季度增长那么多现金？
你说的就跟别的公司没有海外收入问题似的。
Apple
has
US
【在 e*********r 的大作中提到】
: I don't think you understand Apple's cash situation.
: It has a $200 billion capital return program in place for years now -- Apple
: has been returning money back to shareholders in forms of dividends and
: share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
: to pay 35% tax to US government if it wants to bring the money back into US
: (note: Apple can only use domestic cash to pay dividends or do share
: buybacks).
: Unless the tax law changes, it would be insane (and detrimental to
: shareholders)
: for Apple to bring back the overseas cash.
为毛上季度增长那么多现金？
你说的就跟别的公司没有海外收入问题似的。
Apple
has
US
【在 e*********r 的大作中提到】
: I don't think you understand Apple's cash situation.
: It has a $200 billion capital return program in place for years now -- Apple
: has been returning money back to shareholders in forms of dividends and
: share buybacks. Most of its cash (180 billion) is parked overseas. Apple has
: to pay 35% tax to US government if it wants to bring the money back into US
: (note: Apple can only use domestic cash to pay dividends or do share
: buybacks).
: Unless the tax law changes, it would be insane (and detrimental to
: shareholders)
: for Apple to bring back the overseas cash.
e*r
19 楼
you still don't get it. This is an apple-specific situation: no company has
ever been this profitable and accumulated this much cash this fast. There is
no SOP to follow in terms of how to deal with this big an overseas cash
pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
, GET IT? Immediately losing 35 cents on the dollar just to bring it back
into US does not make any financial sense. The best alternative is to take
advantage of the low interest rate (2%) and instead using the overseas cash
as collateral to borrow if money is needed.
Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
dollars back to shareholders (14 billion in share buybacks, 3 billions in
dividend payments). Apple is already using almost all of its domestic cash
and at the same time borrowing money in order to return value back to
shareholders. I don't think there is more that you can ask from Apple.
Having too much cash on hand is a high-class "problem", apple shareholders
should feel lucky that the management is dealing with it in a methodical and
conservative (i.e. not taking on too much debt at once) manner.
【在 g****t 的大作中提到】
: 你找个现金比例更高的跨国公司出来我看看。回购计划和它现金的增长成比例吗？
: 为毛上季度增长那么多现金？
: 你说的就跟别的公司没有海外收入问题似的。
:
: Apple
: has
: US
ever been this profitable and accumulated this much cash this fast. There is
no SOP to follow in terms of how to deal with this big an overseas cash
pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
, GET IT? Immediately losing 35 cents on the dollar just to bring it back
into US does not make any financial sense. The best alternative is to take
advantage of the low interest rate (2%) and instead using the overseas cash
as collateral to borrow if money is needed.
Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
dollars back to shareholders (14 billion in share buybacks, 3 billions in
dividend payments). Apple is already using almost all of its domestic cash
and at the same time borrowing money in order to return value back to
shareholders. I don't think there is more that you can ask from Apple.
Having too much cash on hand is a high-class "problem", apple shareholders
should feel lucky that the management is dealing with it in a methodical and
conservative (i.e. not taking on too much debt at once) manner.
【在 g****t 的大作中提到】
: 你找个现金比例更高的跨国公司出来我看看。回购计划和它现金的增长成比例吗？
: 为毛上季度增长那么多现金？
: 你说的就跟别的公司没有海外收入问题似的。
:
: Apple
: has
: US
g*t
20 楼
你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
估计你还没在股票版。
Aapl正现金流特别多是不假。
但是其现金积累到市值这么大比例。
管理层绝对有责任。
我还是那句话，它有税的问题，
别的公司就没有吗？为什么别的公司累计不出来
这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
从历史上来说，aapl也有过分红4%以上的阶段。
这怎么解释？那时候为啥不拿省税做借口？
现金多管毛用。现在aapl的问题就一句话：
分红和回购太少。股价上不去，省那点分红税有毛用啊。
has
is
LAW
back
cash
billion
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
估计你还没在股票版。
Aapl正现金流特别多是不假。
但是其现金积累到市值这么大比例。
管理层绝对有责任。
我还是那句话，它有税的问题，
别的公司就没有吗？为什么别的公司累计不出来
这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
从历史上来说，aapl也有过分红4%以上的阶段。
这怎么解释？那时候为啥不拿省税做借口？
现金多管毛用。现在aapl的问题就一句话：
分红和回购太少。股价上不去，省那点分红税有毛用啊。
has
is
LAW
back
cash
billion
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
e*r
21 楼
I had a good laugh at "你这个属于无知了。以前CVX什么的创造单季度历史纪录的时
候估计你还没在股票版"... It's cute for you to think that having been on this
"股票版" long enough automatically lends you the nobility of Warren Buffet.
Just a few points for you to consider:
1. you make it sound like a crime for the management to run a successful
business and have made this much profit.
2. Chevron is a US-based company makes most of its profits in the US. When
was the last time Chevron had to worry about $180+ billions stashed overseas
?
3. When Apple is paying 4% dividend, it was making most of its profits in
the US. Today's Apple makes most of its profit overseas, and to distribute
hundreds of billions of dollars is a different process from giving out a few
millions of dollars.
4. You clearly don't understand the tax consequence of repatriating profits
made by a US-based company outside of US.
5. Guess what Google, Microsoft or GE do with their profits made outside of
US? They remain outside of the US. Their cash piles are not as big as Apple'
s .... not because these companies were doing something about their overseas
cash... it's simply because they could not make as much.
Just tell us what your solution is for Apple's overseas cash pile, besides
what Apple's already doing and waiting for tax reform or one-time tax
holiday? To think yourself knows better than Tim Cook and co. who actually
run a $650+ billion market cap company is... should I say... foolish?
【在 g****t 的大作中提到】
: 你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
: 估计你还没在股票版。
: Aapl正现金流特别多是不假。
: 但是其现金积累到市值这么大比例。
: 管理层绝对有责任。
: 我还是那句话，它有税的问题，
: 别的公司就没有吗？为什么别的公司累计不出来
: 这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
: 从历史上来说，aapl也有过分红4%以上的阶段。
: 这怎么解释？那时候为啥不拿省税做借口？
候估计你还没在股票版"... It's cute for you to think that having been on this
"股票版" long enough automatically lends you the nobility of Warren Buffet.
Just a few points for you to consider:
1. you make it sound like a crime for the management to run a successful
business and have made this much profit.
2. Chevron is a US-based company makes most of its profits in the US. When
was the last time Chevron had to worry about $180+ billions stashed overseas
?
3. When Apple is paying 4% dividend, it was making most of its profits in
the US. Today's Apple makes most of its profit overseas, and to distribute
hundreds of billions of dollars is a different process from giving out a few
millions of dollars.
4. You clearly don't understand the tax consequence of repatriating profits
made by a US-based company outside of US.
5. Guess what Google, Microsoft or GE do with their profits made outside of
US? They remain outside of the US. Their cash piles are not as big as Apple'
s .... not because these companies were doing something about their overseas
cash... it's simply because they could not make as much.
Just tell us what your solution is for Apple's overseas cash pile, besides
what Apple's already doing and waiting for tax reform or one-time tax
holiday? To think yourself knows better than Tim Cook and co. who actually
run a $650+ billion market cap company is... should I say... foolish?
【在 g****t 的大作中提到】
: 你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
: 估计你还没在股票版。
: Aapl正现金流特别多是不假。
: 但是其现金积累到市值这么大比例。
: 管理层绝对有责任。
: 我还是那句话，它有税的问题，
: 别的公司就没有吗？为什么别的公司累计不出来
: 这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
: 从历史上来说，aapl也有过分红4%以上的阶段。
: 这怎么解释？那时候为啥不拿省税做借口？
L*6
22 楼
操你妈逼装逼写尼玛阴语 都是黄皮老中这么装逼干嘛 有种找白屌丝扯蛋 傻逼一个
this
Buffet.
When
overseas
【在 e*********r 的大作中提到】
: I had a good laugh at "你这个属于无知了。以前CVX什么的创造单季度历史纪录的时
: 候估计你还没在股票版"... It's cute for you to think that having been on this
: "股票版" long enough automatically lends you the nobility of Warren Buffet.
: Just a few points for you to consider:
: 1. you make it sound like a crime for the management to run a successful
: business and have made this much profit.
: 2. Chevron is a US-based company makes most of its profits in the US. When
: was the last time Chevron had to worry about $180+ billions stashed overseas
: ?
: 3. When Apple is paying 4% dividend, it was making most of its profits in
this
Buffet.
When
overseas
【在 e*********r 的大作中提到】
: I had a good laugh at "你这个属于无知了。以前CVX什么的创造单季度历史纪录的时
: 候估计你还没在股票版"... It's cute for you to think that having been on this
: "股票版" long enough automatically lends you the nobility of Warren Buffet.
: Just a few points for you to consider:
: 1. you make it sound like a crime for the management to run a successful
: business and have made this much profit.
: 2. Chevron is a US-based company makes most of its profits in the US. When
: was the last time Chevron had to worry about $180+ billions stashed overseas
: ?
: 3. When Apple is paying 4% dividend, it was making most of its profits in
w*2
23 楼
thanks
has
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
has
【在 e*********r 的大作中提到】
: you still don't get it. This is an apple-specific situation: no company has
: ever been this profitable and accumulated this much cash this fast. There is
: no SOP to follow in terms of how to deal with this big an overseas cash
: pile for a US-based company. THE ROOT OF THE PROBLEM HERE IS THE US TAX LAW
: , GET IT? Immediately losing 35 cents on the dollar just to bring it back
: into US does not make any financial sense. The best alternative is to take
: advantage of the low interest rate (2%) and instead using the overseas cash
: as collateral to borrow if money is needed.
: Last quarter, Apple's net profit was $11 billion, but it returned 17 billion
: dollars back to shareholders (14 billion in share buybacks, 3 billions in
l*t
24 楼
没想到你连这么基本的知识都没有。
【在 g****t 的大作中提到】
: 你这个属于无知了。以前CVX什么的创造单季度历史纪录的时候
: 估计你还没在股票版。
: Aapl正现金流特别多是不假。
: 但是其现金积累到市值这么大比例。
: 管理层绝对有责任。
: 我还是那句话，它有税的问题，
: 别的公司就没有吗？为什么别的公司累计不出来
: 这么多现金？历史上的MSFT利润不高吗？CVX利润不高吗？
: 从历史上来说，aapl也有过分红4%以上的阶段。
: 这怎么解释？那时候为啥不拿省税做借口？
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