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 Via AnCaps: Apple to decide fate of $93b cash stash - Hey, make a donation here!

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RR Phantom

RR Phantom

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Via AnCaps: Apple to decide fate of $93b cash stash - Hey, make a donation here! Vide
PostSubject: Via AnCaps: Apple to decide fate of $93b cash stash - Hey, make a donation here!   Via AnCaps: Apple to decide fate of $93b cash stash - Hey, make a donation here! Icon_minitimeMon Mar 19, 2012 5:09 am

Apple will say tonight what it intends to do with the hoards of cash it has been holding for its future.

Via AnCaps: Apple to decide fate of $93b cash stash - Hey, make a donation here! Lttimcookart20120125131



The company has an estimated $US98 billion ($92.5 billion) in cash and securities with investors calling for it to be released or put to work. Apple's business has been going from strength to strength at the hands of new CEO Tim Cook.

Wall Street is tipping Apple will return cash to shareholders, taking their cue from Cook's comments about "active discussions" at the top levels about the matter.

Read more: http://www.smh.com.au/business/world-business/apple-to-decide-fate-of-93b-cash-stash-20120319-1vetd.html#ixzz1pYIGZJAI
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