Of the China Market, Cheaper New iPhones and the iPad
Apple’s share prices have begun climbing back since Feb. 23, closing Tuesday at $208.85. It’s not yet quite clear why — it could be the imminent shipping of the iPod or the shareholders’ meeting Feb. 25, among other things. Still, investors should take what they can get. They’ll have to — Cupertino isn’t about to fork over any dividends soon. The company wants lots of cash on hand for security and so it can make big purchases without having to borrow lots of money, CEO Steve Jobs explained when asked about dividends.
Startup News & Technology | Of the China Market, Cheaper New iPhones and the iPad

