Hacker News new | past | comments | ask | show | jobs | submit login

Apple is a publically held company. Disposing of profits by giving it all to employees would be a wonderful way to create an instant shareholder lawsuit.

The cash held by Apple is built in to its share price. If a stock holder wants some of that all they have to do is sell some shares. Undoubtably there are some tax considerations regarding capital gains vs. dividends but the fact remains that if Apple distributed a significant amount of its cash to shareholders, then the share price would inevitably drop by the same amount.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: