Replies to post #98724 on Apple Inc (AAPL)

[Watson9]

With all due respect sir I believe you are confused as to the difference between "book value" and "stock price".
AAPL did not open today $3.05 lower than where it closed yesterday.
It opened at $459.81 because that is what the market was willing to pay.

Check out this article to see if it helps
Do Dividend Payouts Reduce Share Prices?

http://seekingalpha.com/article/201688-do-dividend-payouts-reduce-share-prices