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I'm pretty sure MrHobbes was just waiting to jump on someone for that. Although Apple doesn't have $76 billion in "cash and cash equivalents", it's not as if th
by ellyagg 15y ago
I'm pretty sure MrHobbes was just waiting to jump on someone for that. Although Apple doesn't have $76 billion in "cash and cash equivalents", it's not as if those extra assets are suddenly rendered valueless because they're harder to convert to cash. As you surmise, they provide a lot of leverage.
- MrHobbes 15y agoHello ellyagg, No, I was not waiting to jump on someone for that, and I would hope that my response was not agressive in tone. That really was not intentional, but I apologize to jmreid if that was the case. I actually up-voted jmreid's post (before typing my response) because he raised an extremely important point. If I may share something? I like to keep this in mind as I move around online. With the lack of faces and tone of voice to help, I find that it is helpful to remember: http://www.paulgraham.com/randomness.html http://www.paulgraham.com/randomness.html