Re: O.T.?? FROM Wolf on the P company Agora board! T.K.
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posted on
Oct 03, 2010 10:19PM
TOMMEEEK , interesting article , and look at amount of cash in sideline !
And Apple shareholders will still have something to complain about: the approximately $50 billion in cash sitting on the company's balance sheet.
"Apple needs to do something with all of that capital," Tran said. "I could understand wanting to have something in reserve, but $50 billion is such a ridiculous number that they should seriously consider returning some of it to shareholders in the form of share buybacks."