After being nagged about it for years by Wall Street, Apple on Monday said it has decided to cut into its significant cash reserves by offering a dividend of $2.65 per share each quarter, starting with the company’s fourth fiscal quarter of 2012, July 1. Read More »
Apple
At Goldman Sachs’ investor conference Tuesday, Apple CEO Tim Cook gave some rare color on how he views not only his own job as Steve Jobs’ successor, but also his views on the company’s $98 billion cash pile. Read More »
With $100B in cash, there have been quite a few whispers about an Apple dividend, starting when Tim Cook officially become CEO. But after years of wishful thinking on the part of longtime investors in Apple, it’s starting to look like it could actually happen soon. Read More »
There are a lot of advantages to keeping a hoard of $81 billion in cash on hand, as Apple does. One in particular allows Apple to set itself apart from its competitors in a very real and tangible way: by dominating the global electronics supply chain. Read More »
Apple huge cash pile got bigger as of its last fiscal quarter, bringing its total liquid assets to around $65.8 billion. Market intelligence firm Asymco Tuesday provided some insight regarding what that number actually means in the context of Apple and its market position. Read More »
Steve Jobs said yesterday that Apple plans to “keep our powder dry” for “one or two” strategic acquisitions in the future. He was referring to the $50 billion in cash assets Apple is currently sitting on. But what fight is he gearing up for? Read More »
I’m not going to lie to you — this is going to get geeky. Not run-my-mac-from-the-command-line geeky, but more pocket-protector-and-green-visor geeky. I am an accountant after all. That being said, someone asked me the other day what the big deal was with Apple’s … Read More »
