Comments on: Apple’s Got a War Chest of Cash

By: Daily Apple: Macworld Lives, Kidproofing the iPhone, Glass Apples | TheAppleBlog

Thu, 08 Jan 2009 05:44:25 +0000

[...] Apple of Glass – This article makes the interesting claim that despite how sound they may be financially, Apple is in fact America’s most fragile company. Owing, of course, to the way the stocks dip [...]

By: AppleFreak

AppleFreak — Sat, 03 Jan 2009 05:09:09 +0000

What about the makers of the Flip? Same philosophy of simplicity, growing domination of its market, strong company, plays into Apple’s media portfolio, etc.

By: reinharden

reinharden — Fri, 02 Jan 2009 21:57:30 +0000

Matthew Murray said:
“Institutional investors would rather re-allocate that cash themselves”

Considering that in the most recently reported quarter Apple had sequentially increased mark-to-market losses of less than $100 million on a $24+ billion portfolio and that in the same timeframe almost all of my mutual funds were down 20% to 30% each, I think the institutional investors might be better served leaving their money with Apple’s treasury department. ;-)

reinharden

By: Matthew Murray

Matthew Murray — Fri, 02 Jan 2009 18:11:30 +0000

If AAPL isn’t going to do something with the cash, they really should either buy back shares our do a dividend. Institutional investors would rather re-allocate that cash themselves then have it earn minimal returns through AAPL’s treasury department.

By: 2009: A Web Odyssey « dot slash bang

2009: A Web Odyssey « dot slash bang — Fri, 02 Jan 2009 06:46:00 +0000

[...] If not physically, then at least as CEO. Steve has done wonders at Apple — he single-handedly saved Apple from asphyxiating a la debt in the early 90s and turned the company into a turn-of-the-millennium icon. In 2050 we will look [...]

By: Kiki's Friend

Kiki's Friend — Wed, 31 Dec 2008 04:03:26 +0000

From http://www.macsimumnews.com/index.php/archive/donovans_view_lots_of_pennies_earned
“Instead, the loss was measured by Apple at $117 million for the $24 billion portfolio and that level of loss can be viewed as a very good result in such awful market conditions and an achievement by Chief Financial Officer Peter Oppenheimer and the treasury team at Apple. Unfortunately, it has largely gone without notice or comment in reports.”

By: Todd Baur

Todd Baur — Tue, 30 Dec 2008 16:45:26 +0000

Frankly I hope they hold onto their coffers for the next year at least. Who knows what is going to happen with a new president taking over, a very uncertain market, and weaker than expected holiday retail season. If they are going to spend anything substantial, let’s see some more investments into Mobile Me and multitouch devices!

By: luis

luis — Tue, 30 Dec 2008 14:58:02 +0000

@Chano….

why is everyone concerned about how apple will spend their cash?

I think that if Apple continues to sit on a pile of cash and does nothing else, the returns to their shareholders will eventually be at risk. Unless there are strategic acquisitions to made, my bet would be that the best choice is to to buy back stock to ensure returns to shareholders.

By: chicha

chicha — Tue, 30 Dec 2008 14:46:16 +0000

What about buying RIM?

By: What To Read This Morning

What To Read This Morning — Tue, 30 Dec 2008 13:54:11 +0000

[...] of (book) reading. [Mssv] Hotels and conference centers want more bandwidth. [The New York Times] What is Apple going to do with all its cash? [TheAppleBlog] Tesla Backpedals on Model S [Earth2Tech] Tesla’s rough road ahead [Jeff Nolan] [...]