Monday, March 19, 2012
Apple (s AAPL) has nearly a $100 billion in cash on its books.
Apple (s AAPL) has nearly a $100 billion in cash on its books. It is also a source of constant nagging by Wall Street investors who want Apple to do something with it. A dividend, give it back to investors or something.
In order to address the cash balance issue, Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, are going to host a conference call to announce the outcome of the Company’s discussions concerning its cash balance., the company announced today. The call will be held on Monday, March 19, 2012 at 6:00 a.m. pacific standard time (9:00 a.m. eastern.)
During Steve Jobs era, Wall Street demands fell on deaf ears. In a recent conference call, Cook's position on cash balance wasn't that extreme. As my colleague, Erica Ogg pointed out, Cook and the board were in discussions about the cash position, which continues to rise. "We have more cash than we need to run the business on a daily basis," he said during the quarterly conference call with analysts.
I for one, believe the company should just sit on the cash and not worry too much about the Wall Street just yet. It is important that they use the cash to lock-up supplies of components for its products. The cash cushion gives the company to actively compete for talent as well as any future startups it might need to acquire to enhance its overall ambitions.
Saturday, March 10, 2012
Wednesday, February 29, 2012
Tuesday, February 28, 2012
HUSTLE MUSIC ENTERTAINMENT
Ok Family, I'm gonna just Put It Out There! Some Major Music Industry People tol...d Me, that they would come down to the (614) if I would do a Music Showcase. I will be looking for Sponsors for this event to take place. Just in case ya'll didn't know. Yes, I'm still connected with distributing companies, PR firms, Major & Sub Record Labels, Movie & Film Producers, etc. If your an Artist send your E-Package Submission to AlJizrugroup@aol.com or (614) 735-3984 for more details.
Friday, February 24, 2012
Subscribe to:
Posts (Atom)