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As other explained, it's to keep cash inflows and outflows as close to even as possible. They have enough cash for future investments and thus don't need to sto
by matwood 5y ago
As other explained, it's to keep cash inflows and outflows as close to even as possible. They have enough cash for future investments and thus don't need to stockpile any more. Apple has been saying this for awhile, and at this point I see it as a joke/humblebrag ('we're making so much money we literally can't spend it all').
- smoldesu 5y agoIt's not a joke when the SEC isn't laughing.