|
Title: Tim Cook: Apple “Not Religious” About Holding Cash, $54B is Overseas Post by: HCK on October 19, 2011, 07:00:04 am Tim Cook: Apple “Not Religious” About Holding Cash, $54B is Overseas
During today’s fourth fiscal quarterly earnings call, Apple CEO Tim Cook addressed the massive pile of cash that Apple has in the bank. As it turns out, about two-thirds of Apple’s available cash is currently held overseas. Apple is known for being incredible conservative when it comes to spending. The company very rarely makes high-profile [...] http://feedproxy.google.com/~r/cultofmac/bFow/~3/9rU85JnuVKU/story01.htm |