4 ms·
Apple has 140 billion dollars in cash. Pray tell what you think they should do with it? Hire 70,000 engineers for ten years? Start an airline? Buy Wyoming? Be
by cynicalkane 14y ago
Apple has 140 billion dollars in cash.
Pray tell what you think they should do with it? Hire 70,000 engineers for ten years? Start an airline? Buy Wyoming?
Before Steve Jobs took over they were doing what you think they should do--supporting every futuristic project that caught some executive's fancy. Spoiler alert: this was a bad strategy. Wasting excess cash is a common anti-pattern for big companies, such that it's a positive sign when they don't spend money.
- onedev 14y agoYour buy Wyoming idea is genius.
- nikhilsaraf9 14y agoMaybe they should build a superhuman army to take over the world, but then they'd have competition with Google! ;-)
- intended 14y agoIs it just me or are those some expensive engineers?
- vacri 14y agoPhilanthropy?
- pooriaazimi 14y agoIt's not their money to throw away (even to the noblest of causes), it's shareholders' money and should be used to further shareholders' interests. It would be absolutely unethical and wrong of them to donate more than the normal amount to charitable causes. Now, should those +$100M executives pay more to charity? I think absolutely yes. But Apple the company (or Google, or Microsoft, or any other company) is there to serve it's shareholders not the whole human race.
- outside1234 14y agoThey could start with making maps work or, really, any of their cloud services.
- threeseed 14y agoActually maps is getting better organically. It surpasses Google Maps in a number of cities and being vector has a much better overall experience. The cloud services should be split. iTunes Music Store has been pretty rock solid since its inception. It's really iCloud Sync and the Mail features that need work.
- rdl 14y agoITMS kind of sucks, actually, and always has. The big issue is that the model of "device tethered to a single laptop" is confusing now that the device is wifi/4g enabled. But even in the iPod/iTunes days, iTunes was always kind of shakey.