Friday, July 18, 2014
By Tim Cook should immediately announce a major AAPL reuptake
Apple last week for a week was enough. Disappointing iPhone 4S announcement was followed by the sad news of Steve Jobs died. Investors clearly LED-Cook, Apple after Jobs, Tim wondering how it will look. The Company will not be able to keep the lifeline to gain consumer electronics market?
Now, at least, continue to grow Cook and Apple will not be able to maintain its leading position, there is no reason to think. Apple's internal development schedule definitely put to next year already, so if you're always away from the company's ability to predict consumer preferences Jobs, no reduction will be visible for at least a few years.
Tim Cook is in a difficult situation, anyone Employment shoes to fill. In conclusion, I believe that the fear of the Apple leader must keep and do some different things. Specifically, shareholders Cook, Apple represent the world, I suggest you reconsider capital allocation strategy of the company.
To start thinking about creating a stock price or value for many partners posthumously Jobs I think a very short time, but I think it's a perfect time to make a statement on the future of Cook trust company, I have no bright doubt.
Apple, Jobs and his high command during the execution was only fair criticism accumulated money unnecessarily. June 30, Apple is almost no profit, no bank debt and had a huge $ 76 billion in cash. Analysts have long $ 20 or $ 30 billion in R & D and has quite reasonable to assume that strategic acquisitions, but accumulating money at this level is a huge loss for investors.
If I were Tim Cook, I run the philosophy of the works in this little place. IPhone 4S launch was met with some disappointment and future of the company for many years is more uncertain than now. Instead, the company, with the announcement that the accumulation of money over as Apple CEO to start making their own little brand, and what better way (and time) to implement mass Cook share buyback program? Cook the shares of the company must obtain the authorization of the Board to buy back 10%.
This is still leaving an incredible amount of US $ 40 billion in the bank, the cash balance requires less than half of the company. To do this, run a few things. One, this is Tim Cook, not only to create highly profitable with great products, but also to give a nod to its shareholders by maximizing the value of confidence gives you company stock was willing to shareholders was something reckless management before. Two, a strong Board of Directors and are very confident in Cook Apple launches signal succession plan, and send the new product development portfolio.
They can appeal to the shareholders using what happened in recent days to try to ease their concerns. Repurchase program, the action exudes confidence may be starting to move again, and Tim Cook is absolutely impossible to replace Steve Jobs as a whole, but to try new things and I want to prove that he is willing to leave his mark on the company .
Now, I (she would be taxable to shareholders, but unlike the call for redemption for a dividend, to appear strong) Advertising expect you'll see this kind, but I still do not think this is just what values can be understood, but the best option. A similar thing done long ago, but could have some level now seems the most logical place to make such a statement on the future of Apple.