Apple's stock is doing great if you're like me and bought it some 7-8 years ago.
It was overpriced at $200 and won't see $200 again for years.
If 2k8 goes well it could get a nice bounce, but it could also drop further even if Apple gains market share and sells more Macs and iPods because margins could easily drop because of costs or dropping prices to compete and bolster revenue.
You don't want a dividend. Better to save some cash and to buyback stock which is a tax-free way of increasing shareholder value.
It was overpriced at $200 and won't see $200 again for years.
If 2k8 goes well it could get a nice bounce, but it could also drop further even if Apple gains market share and sells more Macs and iPods because margins could easily drop because of costs or dropping prices to compete and bolster revenue.
You don't want a dividend. Better to save some cash and to buyback stock which is a tax-free way of increasing shareholder value.