Regarding the paying of dividends representing the lack of innovation, I have this to ask: have we ever had a company with such massive cash reserves relative to the balance of the market?

I think it makes (common) sense that this is a signal of ending innovation, however, Apple has so much cash, it is difficult to fathom what they could possibly do with it other than return it to the shareholders (which they ARE doing).

That is the other strange thing I see about all of this, they ARE returning value to the shareholders in terms of dividends, are these big shareholders (Einhorn et al) just not happy with the rate at which they're being paid?