Max Levchin: Apple Stock Dividend Planson Thursday, March 22, 2012
Entrepreneur and investor Max Levchin appears heartbroken that Apple doesn’t plan to build a costly product with it’s excess cash – instead they plan a stock buyback and plan to pay dividends to stock holders.
“Saddened by Apple’s plan for a huge dividend. Apparently, they have nothing truly capital-intensive in the product pipeline” — Max Levchin
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Saddened by Apple's plan for a huge dividend. Apparently, they have nothing truly capital-intensive in the product pipeline.
— Max Levchin (@mlevchin) March 19, 2012