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 Yet its stock has fallen nearly 40 percent since last fall,in part on fears of a sales slowdown. Cook & Co. are fighting back by shoveling cash out the door to investors. But returning capital to shareholders is like giving water to people who already have an unlimited supply of champagne,Perrier,and freshly pressed pomegranate juice. It’s stimulus for the 1 percent—hedge funds,marc by marc jacobs tote,mutual funds,ytcgzx.net,individual stock owners,senior Apple employees.A more radical,disruptive,Apple-like,kate spade bags,think-different approach would be for Cook to move some of the cash from his balance sheet onto the balance sheets of people who would spend it on consumer goods—like the 42,600 people who work at relatively low wages at the company’s 402 stores; or the contractors and vendors who run its cafeterias; or the architects who are designing Apple’s futuristic new corporate headquarters; or the armies of low-paid workers at Foxconn factories in China who assemble cheap generic components into expensive Apple-branded products.
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