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Apple has no excuse to be cornered when it had $300B in cash sitting. They f’ed up big time.
by whatever1 17d ago
Apple has no excuse to be cornered when it had $300B in cash sitting. They f’ed up big time.
- isomorphic 17d agoWell, you know what they say. The best time to blow tens of billions you might never get back on a risky memory fab in your home country is ten years ago. The second best time is today!
- whatever1 17d agoWill they ever not need memory for their products? Why have pants down exposure to the market prices? Specially when they have 300B in the bank and a fab costs what 20-30B? They are lucky they did not get squeezed out of tsmc too, otherwise they would have to re release the iPhone X in 2027.
- lelanthran 17d ago> a risky memory fab in your home country is ten years ago. What makes it risky? Do you think that Apple will pivot into something that doesn't require RAM? Maybe like an IBM, they pivot to services?
- timw4mail 16d agoRam is boom or bust industry. The big manufacturers remain because they were either wise in their bets or lucky.
- robocat 17d agoYou don't know how that is deployed. Some of their treasury (Non-Current Marketable Securities) could be bonds that are invested with targeted contracts for trade-secret benefits. Say TSMC needs capital, and say Apple has spare capital: they are both likely to agree to an investment where Apple gets contractual benefits that other customers do not. I would expect Apple to be very aggressively investing into suppliers to get results that strongly benefits Apple and perhaps that disadvantages competitors.