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They return their cash to shareholders via dividends and share buybacks, letting those investors allocate it to wherever they expect better returns. Apple doesn
by Despegar 8y ago
They return their cash to shareholders via dividends and share buybacks, letting those investors allocate it to wherever they expect better returns. Apple doesn't need to become a conglomerate or start a corporate VC arm themselves.
- cwyers 8y agoNo, they don't, apparently. According to the top post in the thread, they have $130 billion in cash on hand.
- bunnycorn 8y agoThat's nothing. They had a profit of $100 billion last fiscal year. It's the same as someone having 15.6 salaries in their bank account (not counting for the loans).