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> Apple is sitting on 300 billion in cash - I expect them to do something with it. “Do something with it” doesn’t have to be reinvesting within the company. Ap
by divbzero 6y ago
> Apple is sitting on 300 billion in cash - I expect them to do something with it.
“Do something with it” doesn’t have to be reinvesting within the company. Apple has been doing a good job returning excess cash to shareholders, spending roughly $250 billion since 2015 to reduce shares outstanding from 22 billion to 17 billion.