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You are assuming that spending money is always a better solution than not spending it. I think you are misled. The fact they have 100 billions in cash and not
by pothibo 14y ago
You are assuming that spending money is always a better solution than not spending it. I think you are misled.
The fact they have 100 billions in cash and not willing to jeopardize their culture and focus is a proof of their dedication to do what's best for the company.
- CJefferson 14y agoI'm not saying spending money is always better than spending it, but there is a balance. At this point 'Apple' by itself is one of the world's biggest hedge funds. Apple is not just sitting on cash, it is doing it's own investment. If the owners of Apple think they can do a better job with that giant pile of money, then they are quite within their rights to ask to be given at least some of it. They can still leave Apple with a bigger reserve than any other tech company around.