Friday, December 7, 2007
I Know It Would Feel Wonderful, Steve, But I’m Afraid Buying Dell Isn’t an Option
With some $15.4 billion gathering dust in its bank accounts, Apple’s cash reserve is among the Fortune 500’s largest. Yet since 1999, it’s spent just $217 million to repurchase stock and it’s not yet declared a stock dividend.
What is the company planning to do with all that money? Certainly, CEO Steve Jobs must have an [...]




