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Apple has 40 billion plus in cash. If you listen to the calls, they say they're going to use it for something big. It's done in a very understated way. My be
by jasonlbaptiste 17y ago
Apple has 40 billion plus in cash. If you listen to the calls, they say they're going to use it for something big. It's done in a very understated way. My belief? They're hoarding it to roll out essentially a wireless high speed network as described in this post. That's why you hoard what will eventually be 50+ billion dollars in cold hard cash. Just my theory though.
- jamesshamenski 17y agoAapl didnt bid on the last release of wireless spectrum gov't sales. I doubt they'd be able to do this.
- andreyf 17y agoBy "the call" are you referring to: http://www.apple.com/quicktime/qtv/earningsq210/ http://www.apple.com/quicktime/qtv/earningsq210/ ?
- deleted 17y ago[deleted]