Apple’s CFO Peter Oppenheimer will take the stage this morning to talk about Apple’s cash reserves and reveal what plans Apple has for the money. At last count the reserves were nearing $100 billion, and actually growing at a rate that defies belief despite the already impressive stash. During Steve Jobs’ time as CEO there was no movement on the cash issue, despite many calls for some action over the years–even when the reserves numbered just in the several billions of dollars…but now Tim Cook is at the helm, and things may change
Originally posted here:
6 Ways Apple Could Spend $100 Billion [Update: Dividends, Buybacks]