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Friday, November 02, 2007

Speaking of Apple: $15 billion in cash

Have you noticed that the debt free companies seem to be doing much better than debt laden businesses? Apple (AAPL) is the perfect example, and not only are they essentially debt free, they have $15.4 billion in cash. What will they do with all that money?
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1 comment:

  1. Anonymous10:23 AM

    Hard for them to use it as any big acquisition would likely run into anti-trust.

    Given that the number copuld swell to $20bn by calendar y/e, how about a $15/share cash dividend?

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