Apple shareholder wants more of the pie!

No – this isn’t HMRC asking for a larger slice by way of tax – instead we now have shareholders taking actions against Apple for not distributing its ever growing pile of (offshore) cash reserves. In fairness – he has a point in that you invest in a company in the hope of generating a return through dividend or speculative growth in share value. On the basis that the shares are falling and (in my view) will continue to fall – asking for the money to be distributed to investors seems like the most practical approach. Anyway I am sure the lawyers are rubbing their hands in glee at yet another dispute……


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