Subject: Re: Tim Apple
Sometimes you have to pay the protection racket

Nah, don't worry about the rationality of Apple's capital allocation.

There's a pretty good chance a mere announcement will do the trick. Sometimes there is no need to actually DO anything, as long as the press articles achieve the result that the counterparties desire, which is in some cases just the press articles. Sometimes the obeisances is not needed, merely the show of obeisance.

Jim