2 ms·
The amount of cash they have now isn’t comparable to what they had when Steve was alive. They have huge takeover money now. I think they’re saving it for a rain
by prklmn 9y ago
The amount of cash they have now isn’t comparable to what they had when Steve was alive. They have huge takeover money now. I think they’re saving it for a rainy day ie the next crash. Current valuations are historically very high, and it would be imprudent to start buying up companies now. They’ll get much more value if they wait, which they have been doing quite patiently.