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r00fus I think that huge pile of Apple cash is a problem for Apple just FYI. It's indicative of a lack of new product vision as they're not doing anything but p
by jusben1369 13y ago
r00fus I think that huge pile of Apple cash is a problem for Apple just FYI. It's indicative of a lack of new product vision as they're not doing anything but piling it up from selling legacy products.
- 8ig8 13y agoHard to believe that sitting on a pile of cash is a problem. I would think having a huge pile of cash allows you to make smarter, less-pressured decisions. That's my small business perspective. Do you have any examples where accumulation of cash corresponded with lack of innovation. No challenge, just curious.
- tanzam75 13y ago> Do you have any examples where accumulation of cash corresponded with lack of innovation. No challenge, just curious. Aren't we discussing an article about Microsoft? Certainly the perception is that Microsoft has not innovated. (Whether or not you agree, that's at least the general perception.) Microsoft has been piling up the cash, despite the fact that Microsoft has been paying a dividend for ten years. They've bought back 20% of the outstanding shares. They've bought dozens of companies. They've spent a billion dollars repairing Xboxes. And despite all that, they just can't spend it fast enough. Their cash hoard just keeps increasing in size. Note: Correlation does not imply causation.