Friday, February 8, 2013

Nine things Apple could do with US$137b





Apple has come under attack from an influential investor for its practice of stockpiling cash. Its hoard totaled US$137 billion at the end of last year, and it keeps growing.


Corporations normally don’t hoard cash the way Apple does. They keep enough around for immediate needs, and either invest the rest in their operations or dole it out to shareholders in the form of dividends or stock buybacks. If they need more cash for, say, an acquisition, they borrow it.









via Business feed http://www.scmp.com/business/companies/article/1146060/nine-things-apple-could-do-us137b

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