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卡爾?伊坎放了蘋(píng)果一馬

卡爾?伊坎放了蘋(píng)果一馬

Adam Lashinsky 2013-12-09
最近登上《時(shí)代》雜志封面的維權(quán)投資者卡爾?伊坎一直在強(qiáng)烈要求蘋(píng)果動(dòng)用巨額現(xiàn)金儲(chǔ)備,增加派息。不過(guò),據(jù)稱(chēng)他已經(jīng)降低了對(duì)蘋(píng)果的分紅要求,把金額從1500萬(wàn)美元一直降到了500萬(wàn)美元。

?

????如今,關(guān)于蘋(píng)果公司(Apple)應(yīng)當(dāng)如何處置自身持有的現(xiàn)金,可謂是眾說(shuō)紛紜。這不禁令人懷念起過(guò)去的日子,彼時(shí),人們只癡迷于蘋(píng)果公司的產(chǎn)品。

????眼下,《時(shí)代》(Time )雜志封面人物卡爾?伊坎正敦促蘋(píng)果公司將更多現(xiàn)金用于回饋包括自己在內(nèi)的公司股東。伊坎提出這樣的要求也無(wú)可厚非。畢竟,蘋(píng)果坐擁的資金金額已經(jīng)上升到九位數(shù),而且未來(lái)也不大可能有需要花這么多錢(qián)的地方。事實(shí)上,蘋(píng)果已經(jīng)承諾,將斥資1000億美元,用于股票回購(gòu)和股東分紅,讓伊坎等人都與有榮焉。

????上周三,伊坎向《時(shí)代》雜志以及自己在Twitter上的近119,000名粉絲表示,他計(jì)劃提出一項(xiàng)建議性提案,呼吁蘋(píng)果擴(kuò)其回購(gòu)計(jì)劃的規(guī)模。(建議性意即“表達(dá)愿望或請(qǐng)求”。換言之,這份提案不具有約束力,不過(guò)是伊坎哀求蘋(píng)果的一種方式。)

????問(wèn)題在于,伊坎承認(rèn),自己新要求的(金額)不再是1500億美元。要知道,伊坎此前曾表示,蘋(píng)果應(yīng)當(dāng)馬上拿出1500億美元回饋股東。(而且,伊坎當(dāng)時(shí)主動(dòng)提出,自己不會(huì)從這1500億美元中拿一分錢(qián)。這大概是因?yàn)樗凑軓奶O(píng)果股價(jià)的上漲中得到好處。)

????那么,伊坎現(xiàn)在要求的金額是多少?美國(guó)消費(fèi)者新聞與商業(yè)電視頻道(CNBC)援引知情人士稱(chēng),伊坎現(xiàn)在希望,蘋(píng)果能在本財(cái)年結(jié)束時(shí)(也就是10個(gè)月后)拿出500億美元。不過(guò),伊坎沒(méi)有向《時(shí)代》雜志透露這個(gè)數(shù)字,也沒(méi)有在Twitter上公布。我們唯一的信息來(lái)源就是CNBC的線(xiàn)人。

????不過(guò),假設(shè)這個(gè)數(shù)字準(zhǔn)確無(wú)誤,那也就是說(shuō),伊坎要求的金額已經(jīng)從1500億美元減少到了500億美元,給出的期限也從“馬上”延長(zhǎng)到了十個(gè)月。迄今,大部分評(píng)論認(rèn)為,伊坎仍然在叫板蘋(píng)果,強(qiáng)烈指責(zé)它持有的現(xiàn)金量過(guò)大?!陡2妓埂肪W(wǎng)站當(dāng)初就報(bào)道稱(chēng),伊坎要求蘋(píng)果拿出1500億美元回購(gòu)股票是動(dòng)了真格,眼下看來(lái),情況恐怕并非如此。

????需要說(shuō)明的是,蘋(píng)果公司已授權(quán)斥資600億美元回購(gòu)股票,并已經(jīng)回購(gòu)了230億美元的股票。此外,這家公司總計(jì)已經(jīng)派發(fā)了130億美元的股息。蘋(píng)果公司上周三表示,計(jì)劃在明年年初就此事作出回應(yīng)。

????所以說(shuō)白了是這么回事:伊坎與蘋(píng)果首席執(zhí)行官蒂姆?庫(kù)克共進(jìn)了晚餐,現(xiàn)在,他放寬了對(duì)蘋(píng)果回饋股東的要求。而在過(guò)去半年內(nèi),蘋(píng)果的股價(jià)已經(jīng)從每股400美元左右攀升至了每股565美元。

????現(xiàn)在,我們能不能象過(guò)去那樣,抱怨點(diǎn)重要的事情?比如說(shuō)蘋(píng)果電視到底什么時(shí)候面世?(財(cái)富中文網(wǎng))

????譯者:項(xiàng)航

????All the noise over what Apple ought to do with its cash almost makes one wistful for the days when everyone obsessed only over Apple's products.

????Time coverboy Carl Icahn is on Apple's (AAPL) case to give back more of its cash to shareholders -- like himself. It's a perfectly reasonable position to take. Apple's hoard had grown to the nine figures with no reasonable prospects for spending that kind of money. It is a credit to whiners like Icahn that Apple already has committed to spending $100 billion on a combination of stock buybacks and dividends.

????On Wednesday, Icahn told Time and his nearly 119,000 Twitter followers that he plans to make a precatory proposal that Apple increase its buyback program. (Precatory means "of, relating to, or expressing a wish or request." In other words, it is non-binding. It's his way of saying "pretty please.")

????The catch is that Icahn acknowledged his new request is "not at the $150 billion level." That's a reference to his previous suggestion for the amount Apple should jump on straight away. (Read to the end and you'll see that Icahn volunteers to not receive any of that $150 billion, presumably because he'd benefit anyway from the rise in the stock price.)

????So what is the new level? CNBC, citing a source, says Icahn wants $50 billion now, and that he'd like it by the end of the current fiscal year, which is 10 months away. Icahn didn't tell Time that figure, and he hasn't yet tweeted it. We're relying on CNBC's source for it.

????But assuming the figure is correct, Icahn has gone from $150 billion right now to $50 billion when Apple can get around to it. For the most part, the commentary has been of the variety that Icahn remains on Apple's case, riding it hard for the cash hoarder it is. Forbes.com wrote that Icahn"wasn't joking" about the $150 billion buyback. Except it appears he was.

????For the record, Apple has authorized buybacks of $60 billion and has already made $23 billion worth. It has paid out a total of $13 billion in dividends. The company said Wednesday it plans to respond on the matter sometime early next year.

????So let me get this straight: Icahn had dinner with Apple CEO Tim Cook, he's scaling back his request for cash that should be paid to shareholders, and Apple's stock has risen dramatically in the last six months, from around $400 to $565?

????Can we now please return to grousing about important things, like when Apple's television will arrive?

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