Linked by Thom Holwerda on Sun 18th Mar 2012 23:26 UTC
Apple "Tim Cook, Apple's CEO, and Peter Oppenheimer, Apple's CFO, will host a conference call to announce the outcome of the company's discussions concerning its cash balance." Interesting. They have $100 billion on the bank - any guesses? Dividend payout? A large acquisition?
Thread beginning with comment 511036
To read all comments associated with this story, please click here.
bad article
by fredslidey on Mon 19th Mar 2012 02:10 UTC
fredslidey
Member since:
2012-03-19

After reading their Financial Statement Apple only has 10billion in real Cash in their bank account.. the rest of the 90B has already been spent on US Government Bonds and Other Corporate securities. They would have to sell their Bonds and securities to raise real "cash".

Reply Score: 3

RE: bad article
by cyrilleberger on Mon 19th Mar 2012 07:06 in reply to "bad article"
cyrilleberger Member since:
2006-02-01

Both of them are so easy to sell that they are mostly equivalent to cash.

Reply Parent Score: 3