Apple Paying a Dividend?

Dividend or no dividend, that is the question for Apple today.  Investors are expecting that Apple CEO Tim Cook will announce a dividend as Apple’s cash hoard approaches $100 billion (that’s Doctor Evil territory).  Various estimates of how big a dividend will be announced have been put forward.  Second to plans on new products, how Apple will use its massive cash holdings is the big question for Apple.  Overall, signs are that the tech giant is maturing as even talk about a dividend, contrasts to Apple’s style from previous years.  For traders, a dividend, even if it is only symbolic in nature, could lead to increased demand for Apple shares as many portfolio managers are prohibited from buying non-dividend paying stocks in their fund charters.

Shares of Apple Hit $600 Share Ahead of IPad Release

Do you have an IPhone, IPad, IPod, or Mac? Chances are you do and so do hundreds of millions of others which has led shares of Apple to keep heading higher as sales continue to exceed expectations. Today, shares hit an all time high as they briefly passed $600 a share this morning.  The continued momentum in Apple has smothered worries that the company would suffer following the death of Steve Jobs.  On the contrary, shares have gained over 50% since his passing.