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A slew of successful, high margin products have left Apple sitting on an almost unimaginable amount of money – $97 billion as of itslast earnings report – and led to the natural question of just what to do with it. According to a press release just issued, we’ll all find out about “the outcome of the Company’s discussions” tomorrow on a conference call at 9AM ET. What does $100 billion or so of iMac, Macbook, iPhone and iPad money buy? Speculation has already included dividends for investors, a spending spree of acquisitions or even a wild bout of philanthropy. We’d have blown the entire bundle on the largest indoor laser tag facility ever built long ago, so this time we’ll leave the question to the experts – what do you think the folks in Cupertino will (or should) announce?Continue reading Apple to announce plans for its $100 billion cash reserves tomorrow morning
Apple to announce plans for its $100 billion cash reserves tomorrow morning originally appeared on Engadget on Sun, 18 Mar 2012 18:41:00 EDT. Please see our terms for use of feeds.
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