Tim Cook’s Latest Promise to Apple’s Employees

Horace Dediu:

Therefore Apple’s $10 billion dollar pledge is not only a commitment to shareholders that the dilution will be eliminated. It’s also a signal to employees: for at least three years, Apple will continue to offer shares as compensation and will do so in a ratio of 1:4 of wages.

This seems like a good use of cash.

Agreed.

★ Thursday, 22 March 2012