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Ah that makes much sense. Although, how does someone define what reserves a company should keep for business to continue? Especially in the tech world where the
by nicholassmith 14y ago
Ah that makes much sense. Although, how does someone define what reserves a company should keep for business to continue? Especially in the tech world where they might need to drop a billion dollars on an acquiring another company.
- CJefferson 14y agoTrue, but Apple now has enough money to buy Facebook, and Twitter, and still have $50bn left over. I'm not sure how much is "enough reserves", but it seems reasonable to me to expect Apple to justify it.