I’m glad he’s not Apple.
This is the real killer for me:
However, the temptation of the $97.5 billion cash hoard would remain and management would still dream of the $100 billion acquisition that could revolutionize Apple’s prospects.
What in all of Apple’s history has ever even given the hint of that sort of thinking coming out of the company? I’d be far more worried of Google getting another $20 billion to spend on a company that isn’t making money than Apple doing anything of the sort.
That quote really shows that he doesn’t know the company he is trying to talk about. Everything else is exactly something an investment banker or money manager would recommend a company do and listening to those people has worked so well for the world in the past, right?