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.

• iPad 3 press invite and favorable market push AAPL toward half a trillion market cap (9to5mac.com)
• Tim Cook unloads $11 million in AAPL stock (9to5mac.com)
• Steve Jobs on philanthropy: increase AAPL’s value so shareholders can donate their own wealth (9to5mac.com)