good strategic move to capitalize on better than expected numbers and stop the perception that the Apple brand is bleeding (There are still major concerns)... Excerpt: Apple also authorized a 7-for-1 stock split, addressing calls to share more of its cash hoard. While the split will not change the value of Apples shares (seven shares at $75 each as opposed to one at $525 a share), it could make the companys stock more accessible to individual investors. Shareholders as of June 2 will get six additional shares for each Apple stock they own, and the new split-adjusted trade will take place starting June 9 #symantics
Posted on: Thu, 24 Apr 2014 02:40:26 +0000
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