43.2 The Drop Radio
  • HOME
  • DROP LIBRARY
  • DROP PACKAGES
  • LIVE ON AIR!
    • SHOW ARCHIVES
    • SHOW PLAYLISTS
  • VIBE SUITES
    • INDIGENOUS FLUTE
    • LOVER'S ROCK (LOVE SONGS)
    • THE HIGH ROAD (ALTERNATIVE)
    • JAMMIN' REBEL (REGGAE)
    • MIMOSA (JAZZ)
    • THE BASEMENT (RAP)
    • NEON VALLEY (POP / RNB)
    • THE MIDNIGHT HOUR (BEDROOM)
    • EBONY EYEZ (SOUL RNB)
    • LET'S COOL ONE (CHILL MIX)
    • THE DROP ZONE (DOPE DROP MIX)
    • B.O.B IS BANGIN'
  • WHAT IS 432HZ?
  • ARTISTS LOUNGE
  • DROP NETWORKS
    • DROP ARTISTS NETWORK
    • FOOD TRUCK DROP NETWORK
  • DROP ALBUMS
  • ADVERTISE

THE DROP IS KNOWLEDGE
POWER
ORGANIC 432 FREQUENCY

432hz, the natural vibration of the Earth is mathematically consistent with Love. Vibrate in our "Vibe Suites" and "Artists Lounge" featuring the hottest indie artists and producers in the world. Stay tuned... our live 43.2 The Drop Radio shows are almost back!

SUBSCRIBE FOR FREE TO DROP NATION VIP

APPLE SPLITS STOCK 7-FOR-1, WILL DROP $130B IN CASH ON INVESTORS!!!

4/24/2014

7 Comments

 
Picture
Talk about burying the lede.
Apple AAPL -1.31% announced a 7-for-1 stock split Wednesday, but not until the last sentence of a press release heralding an upsized capital return program to $130 billion and alongside the company’s quarterly earnings report. (For more on Apple’s results, follow Mark Rogowsky’s live blog.)

The split does nothing to change the value of Apple’s shares — 7 shares at $75 apiece are worth the same amount of money as one share at $525 — but could make Apple shares more accessible to individual investors who can’t pony up hundreds of dollars for a single share of stock. That argument loses steam though when considering that retail brokerages like TD Ameritrade often report Apple is among the most widely-traded stocks by clients.

Shareholders of record as of June 2 will receive six additional shares for each Apple share they own, and the stock will start trading on a split-adjusted on June 9.

Apple last split its stock in 2005, when the company was a different animal all together and two years before the debut of its most successful product, the iPhone. Since then, even as the stock surged to ever-higher highs, the company steadfastly refused to split.

It wasn’t just the late Steve Jobs who opposed a split either. At the company’s 2012 annual meeting, when shares were not far from where they stand today, Tim Cook dismissed the idea of a split by saying they “do nothing for shareholders,” Bloomberg reported at the time.

The split though is hardly the only thing Apple is doing these days that had been anathema during Jobs second reign at the helm. In fact, the capital return increase to $130 billion — up to $90 billion in buybacks and an 8% dividend hike to $3.29 per share that will cost $11 billion per year — marks what amounts to a significant departure from the Jobs era, when the company hoarded cash and investors were content to let them do so with the expectation that it would be put toward innovative new products and massive products.

Unrest has grown in the years since Jobs’ death though. Even though Cook presided over the stock’s rise to its all-time high, Apple has yet to release a product that could be considered anything but evolutionary during his tenure. Pressure on the CEO and his board has also been mounting, with first David Einhorn and then Carl Icahn urging (sometimes none to gently) the company to return more of its capital to shareholders.

Icahn tweeted Wednesday that he’s on board with Apple’s bigger buyback. “Believe we’ll also be happy when we see new products,” he wrote.

The upsized buyback and dividend won’t be coming out of the repatriation of foreign cash though. Apple plans to tap the credit markets once again — at home and abroad — after selling $17 billion worth of bonds last May in its first debt offering in nearly 20 years.

“We’re confident in Apple’s future and see tremendous value in Apple’s stock,” Cook said in the announcement,” so we’re continuing to allocate the majority of our program to share repurchases.” Considering the stock was at about $600 when Apple first launched its capital return program in 2012 and subsequently topped $700, he certainly can’t be accused of buying at the top. The company also has no shortage of financial firepower despite the stock’s malaise since its peak; cash and marketable securities totaled more than $150 billion at the end of March.

As for Apple’s actual business, Wednesday’s second-quarter results came in ahead of expectations on the bottom line, with profits of $10.2 billion, or $11.62 per share, on $45.6 billion in revenue. That was against Wall Street’s consensus call for earnings of $10.14 per share. Apple sold 43.7 million iPhones during the quarter, which marked a 17% increase from a year ago, but only 16.4 million iPads, 16% fewer than a year ago.

Shares of Apple rallied 7.8% to $565.65 in after-hours trading following the earnings release Wednesday. That would put split-adjusted shares at just over $80 a piece, a level that might be more approachable for the so-called “mom and pop” investor, but could also draw the attention of the index committee that decides the makeup of the price-weighted Dow Jones industrial average. That 30-stock gauge has kept Apple at arms length for years because its lofty price would skew the measure without a change to its formula.

Source: forbes.com
Article
Steve Schaefer Forbes Staff
7 Comments
Nifty Option Tips link
9/17/2014 04:58:28 pm

Good information i enjoy it when i read it.I am also loving and fond of e apple cell which in stock market for gives good profit in this trade.

Reply
Epic Research link
10/17/2014 04:49:00 pm

This post is extremely useful for those who are trading in the market. Amazing work.

Reply
Free Nifty Future Tips link
12/1/2014 04:10:53 pm

Stock market related news increase my knowledge. i daily read this types of post which is provide me basic knowledge about market.

Reply
Stock Trading Tips link
1/4/2015 08:30:56 pm

i am reading your post and admire that you posted article which gives users lot of information regarding particular topic thnaks for this share.

Reply
Stock Tips link
1/13/2015 01:25:26 pm

Many thanks for the exciting blog web page posting! I really experienced studying it, you are a brilliant writer. I actually added your website to my favorites and will look ahead for more up-dates. Great Job, Keep it up..

Reply
Jonson link
8/13/2015 12:24:31 am

According to your research Apple was on top and in 2015 this company also on top.

Reply
stock future tips link
11/29/2016 06:31:38 pm

Today i get latest news about stock market. i really like this types of service which is provide me current news about trading.

Reply



Leave a Reply.

    ENJOY YOUR 432 HZ
    "SOUL RNB" VIBE SUITE

    EBONY EYEZ

    Picture
    Click to enter "Ebony Eyez"

    SUPPORT DROP NATION!

    Picture
    SUPPORT DROP NATION
    PAYPAL 4 THE DROP

    DROP LIBRARY

    Picture
    ENTER DROP LIBRARY

    ROCK DA DROP

    ORDER YOUR DROP NATION SHIRT TODAY!
    Picture
    Picture
    Sizes

    "YES U DO" 
    THE FREQUENCY ANTHEM
    Download Free Now

    SUBSCRIBE FOR FREE TO JOIN DROP NATION VIP!


    Join today and receive your favorite 5 songs re-tuned to 432hz every month! For a limited time only!

    drop tuner

    Upload up to 50 of your favorite songs every month and we'll send them back in 432hz Swag Frequency!
    email us to get started today...
    music@432thedrop.com
    Swag Frequency
    Email

    DAILY DROP

    HOW TO GET STARTED TODAY WITH OUR NEW 432 HERTZ DROP TUNER SERVICE! FREE!!!
    Daily Drop Archives

    LET US FIND THE TRUTH

    VIRTUAL PUBLIC LIBRARY
    Picture
    LETUSFINDTHETRUTH

    LATEST LIVE ON-AIR SHOWS

    TDR | THE BOILING POINT
    Picture

    Click button below to open live shows in a separate browser for uninterrupted streaming.
    SHOW ARCHIVES

    WHO GOT THE DROP? 
    HIRAM ART


    DONATE TO FIGHT SICKLE CELL

    Picture
    Donate to Camp Crescent Moon today and help our children fight Sickle Cell
    Donate Today!

    Categories

    All
    420 Drop
    432 Drop
    432 Live Radio Shows
    #ADD Drop
    Album Drop
    Alden Davis
    Animal Drop
    Art Drop
    Arthur Scott Jr
    Artists Lounge
    Book Drop
    Brandy Brim Show
    Bro Sanchez Tv
    Business Drop
    Chef Ahki
    Classic Drop
    Community Drop
    Compare 432 Vs 440
    Cool Drop
    Cop Drop
    Cynthia G
    Daily Drop
    Daughter Of Israel
    Drop Albums
    Drop Artist Battles
    Drop Artist Features
    Drop Artists
    Drop Artist Vids
    Drop Beats
    Drop Exclusive
    Drop Freestyle
    Drop Interviews
    Drop Kicks
    Drop Library
    Drop Nation
    Drop Or Die
    Drop Poetry
    Drop Producer Battles
    Drop Producer Features
    Drop Tracks
    Drop Vidz
    Drop Whips
    Drop Writers
    Dry Bones Rising
    Education Drop
    Ernest Anderson
    Faith Drop
    Fashion Drop
    Fight Drop
    Film/tv Drop
    Fitness Drop
    Flat Drop
    Food Drop
    Food Truck Drop
    Francisco
    Funny Drop
    Galactic Drop
    Gamer Drop
    Geoshifter
    Getting To Root Of It All
    Grimnasty Tv
    Hallway Ch
    Health Drop
    Hiram Art
    Historic Drop
    Hood2hood1000
    Hurt Beezy
    Ig45n2
    Immanuel Hizkiyah
    Industry Drop
    Infinite Waters
    Irvin Reed
    J Stew
    Kaptain Kush
    Kiddie Drop
    King Drane
    King Drop
    Kotaku
    Legal Drop
    Let Us Find The Truth
    Lexwill
    Life Drop
    Live Drop
    Lord Of The Universe13
    Madison Smilez
    Ma Truth
    Medicine Man
    Misc Drop
    M Mitchell
    Money Drop
    Multi Drop
    Mw Smith
    Mz Dee And Copper Color Awakenig
    Naija Drop
    Negrito Grande
    News Drop
    Oktoba Skorpio
    Phi Yah
    Photo Drop
    Political Drop
    Prof Spira
    Racing Drop
    Rara The Great
    Real Spill
    Rest In Power
    Rfg Chosen One
    Scattered Yasharal Views
    Science Drop
    Secret Drop
    Seed Drop
    Short Film Drop
    Sister Drop
    Sneaker Drop
    Space Drop
    SPORTS DROP
    Style Drop
    Styles By Nina
    Suit Up
    Survival Drop
    Tayla Andre
    Tbt Drop
    Teachmetobepriestly
    TECH DROP
    Thee Original American
    Tmel Ra Smith Bey
    Top Drop
    Tree Drop
    Truthunveiled777
    Tyrone St
    Underwater Drop
    Unidentified Drop
    Uno Onthebeatz
    Wake Up With Mr Pete
    War Drop
    Watch Drop
    Weather Drop
    Wildlife Drop
    Winnifer Holcolb
    Word Drop
    World Drop
    Wtf Drop
    Yahunathon


    ENJOY our latest DROP ARTIST and PRODUCER features!

    SUPPORT INDIE ARTISTS!

    ARTIST FEATURES
    PROD. FEATURES

    LAST SHOW'S PLAYLIST ENJOY YOUR 432HZ "SWAG FREQUENCY" EXPERIENCE.
    SHOW PLAYLISTS

    CYMATICS EXPERIMENT
    432HZ VS 440HZ


    WHAT IS 432 HZ?

    Follow @432thedrop

    Picture
    Picture

    The Drop is Cutting Edge Frequency
    The Drop
    is Knowledge
    The Drop is Power!


    DROP QUOTE
    "TRUTH NEVER NEEDS VALIDATION FROM IGNORANCE"
    - DICK GREGORY


    VIBE SUITE

    What vibe suits you?
    Pick your own 432Hz Healthy Music VIBE & enjoy your travels through wonderland...

    DROP FLOW


    LADY'S LOVE


    THE BASEMENT


    MAKE ME WORK IT


    MEDITATE WITH ME


    LET'S GET JAZZY


    Picture

    THE DROPOFF

    Vibrate with King Drop  dropping the latest indie music, drop topics and exclusive interviews!
    LIVE SHOWS RETURNING SOON!!!!!!


    Archives

    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    December 1969

    RSS Feed


Copyright 43.2 The Drop Radio, LLC
✕