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AAPL is up 16 points to 600 in pre-announcement trading, what is your guess?

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The market sure likes Apple’s intention to announce what, if anything, it does with its $100B+ cash hoard. I am hoping Apple does its own fund to help encourage Apps developers and other ecosystem players, such as the Kliener Perkins iFund.

The rational side of me thinks a stock buy back/dividend is more likely at the opening of trading on a Monday, however.

Update: It looks like the rational side wins.

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Avatar for Seth Weintraub Seth Weintraub

Publisher and Editorial Director of the 9to5/Electrek sites.


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