To: Blue Highway
This is absurd. With 23 billion in cash Jobs has easily outperformed almost all his high paid peers. And keeping the cash horde in cash (even at 1.7%) is pretty smart when you consider the craziness of the market the last few years.
He may well be a jerk, but he has done an incredible job at Apple and unlike most CEO's of fortune 500 companies, he's earned his pay.
To: StolarStorm
The point about the cash on hand is more than valid. A 1.7% return is a laughter I wouldn't accept that on any of my investments. CD’s pay better than that.
With that much cash on hand, they owe the owners of the company a dividend, or return on their investment. People invest in stocks not only for asset increase but also for a cash return and dividend payment. If Apple has that much cash on hand they are steeling from the owners of the company, the stock holders, by not giving them a dividend
12 posted on
11/11/2009 3:32:41 PM PST by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: StolarStorm
... and unlike most CEO's of fortune 500 companies, he's earned his pay. Like John Scully who came from Pepsi/Frito Lay to replace Jobs. He bought the common, but faulty, wisdom that Apple should go generic and let others build computers to run their operating system, ala MS. That worked about as well as Obama's Hope and Change.
71 posted on
11/12/2009 10:01:39 AM PST by
Mind-numbed Robot
(Not all that needs to be done needs to be done by the government)
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