Professor Elam

Monday April 28, 2014

Last week Apple announced a seven for one stock split and an 8% dividend increase. As one student noted in class, that just bought them time to do something constructive. 

kPhones now dominate their sales structure. Frankly I don't know if Apple can continue to generate these kind of sales unless of course they develop a lower much lower, cost strategy for China and developing countries. 

The next announcement will be in the Fall.