Apple Considering Stock Split?
Apple Considering Stock Split?
According to financial analysis firm Bernstein Research, the world's largest company by market capitalization may be considering a stock split that could lead Apple being traded on the Dow Jones. A.M. Sacconaghi, Bernstein's senior analyst, noted in an article that the Dow has an insufficient number of tech companies, as the blue-chip index has only IBM, Hewlett-Packard, Cisco Systems, Microsoft and Intel from the sector.
Apple has been speculated about as a Dow component for years, as its price share of around $600 and 937.41 million outstanding shares make it a prime company for the index. The rumors about Apple trading on the Dow intensified in March when the Cupertino, California tech giant announced it was using part of its $117 billion cash surplus to pay out a shareholder dividend for the first time in 17 years.
There has also been rampant speculation about what else Apple might opt to use its stockpile of cash for, including speculation that it may try to buy Twitter. The micro-blogging website's 140 million active monthly users would give Apple a leg up in developing a social networking platform to compete with Facebook and Google. Another rumored target for acquisition Apple is Nuance, the company that developed the speech recognition technology used for Siri and dictation functions on Apple's wireless devices.
According to financial analysis firm Bernstein Research, the world's largest company by market capitalization may be considering a stock split that could lead Apple being traded on the Dow Jones. A.M. Sacconaghi, Bernstein's senior analyst, noted in an article that the Dow has an insufficient number of tech companies, as the blue-chip index has only IBM, Hewlett-Packard, Cisco Systems, Microsoft and Intel from the sector.
Apple has been speculated about as a Dow component for years, as its price share of around $600 and 937.41 million outstanding shares make it a prime company for the index. The rumors about Apple trading on the Dow intensified in March when the Cupertino, California tech giant announced it was using part of its $117 billion cash surplus to pay out a shareholder dividend for the first time in 17 years.
There has also been rampant speculation about what else Apple might opt to use its stockpile of cash for, including speculation that it may try to buy Twitter. The micro-blogging website's 140 million active monthly users would give Apple a leg up in developing a social networking platform to compete with Facebook and Google. Another rumored target for acquisition Apple is Nuance, the company that developed the speech recognition technology used for Siri and dictation functions on Apple's wireless devices.
Comments
Top Stories
Latest DT's
-
2 months ago by Geno -
2 months ago by Geno
-
2 months ago by Geno
-
2 months ago by Geno
-
2 months ago by Geno
-
2 months ago by Geno
-
2 months ago by Geno
-
2 months ago by Geno
-
3 months ago by Geno
Top Authors
Subscribe
Games
Alias
3 Foot Ninja 2
ALIAS 2
Air Dodge
Battle Tanks
Bomber Bob
Cable Capers
Gem Mania
Hacker
Hostile Skies
Mission Mars
Bowling
Samurai Warrior
The Pharoh's Tomb
Monkey Lander
Muay Thai
Action
Donkey Kong Banana Barrage
501 Dart Challenge
Rooftop Skater
Zelda
Donkey Kong
Xtreme Pinball
Tetris
Connect 4
Battleships
Frogger
Penguin Push
Online Video Poker
Spank The Monkey
Mob Pay Back
Dealer
Yeti Sports Seal Bounce
Hold Your Drink Steady
Solitaire
Canyon Glider
3D Sudoku
Metal Slug Rampage
Street Fighter II
Flashman
Disc Golf
Table Tennis
Ninja Air Combat
Celebrity Hitman Terrorist Alert
Spider Solitaire
Tubin
Presidential Knockout
Global Player
Ma Balls
Baseball
Beckham Fit
0 Comments
Click here to sign up now.