The market sure likes Apple’s intention to announce what, if anything, it does with its $100B+ cash hoard. I am hoping Apple does its own fund to help encourage Apps developers and other ecosystem players, such as the Kliener Perkins iFund.
The rational side of me thinks a stock buy back/dividend is more likely at the opening of trading on a Monday, however.
Update: It looks like the rational side wins.
- iPad 3 press invite and favorable market push AAPL toward half a trillion market cap (9to5mac.com)
- Tim Cook unloads $11 million in AAPL stock (9to5mac.com)
- Steve Jobs on philanthropy: increase AAPL’s value so shareholders can donate their own wealth (9to5mac.com)
FTC: We use income earning auto affiliate links. More.