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Ehh, maybe but when you have $162,100,000,000 in the bank [0] then $490,000,000 (0.3% if I’ve done my math right) really isn’t a lot. It’d be like $300 to someo
by joshstrange 3y ago
Ehh, maybe but when you have $162,100,000,000 in the bank [0] then $490,000,000 (0.3% if I’ve done my math right) really isn’t a lot. It’d be like $300 to someone with $100K in the bank.
It makes this go away and prevents their internal emails from being news stories for the length of the trial. No discovery, no testifying for execs, I mean I kind of get it.
Or maybe they are guilty and then it makes even more sense to pay, I’m just saying I can see them paying to avoid all of the hassle (and lawyer fees).
[0] https://www.cnbc.com/2023/11/02/apple-now-has-162-billion-in-cash-on-hand-less-than-last-quarter.html https://www.cnbc.com/2023/11/02/apple-now-has-162-billion-in...